Fay Servicing. a special servicer that manages residential mortgages, announced that the company has opened an office in the Dallas metro to take advantage of the tremendous talent available in the region.
Fay Servicing’s staffing model is based on hiring former loan originators and leveraging their strengths via the its unique training program designed to transition them into special servicing account managers. These employees typically have extensive mortgage industry knowledge as well as the interpersonal skills to required to successfully engage borrowers and help find positive resolutions for troubled loans.
“As we grow, we continue to focus on hiring account managers who are natural problem solvers with exceptional mortgage industry expertise” said Ed Fay, chief executive officer of Fay Servicing. “Given the recent employment trends in the Dallas region, it was a perfect fit for executing our specialized approach of bringing strong originators into the servicing role while also enhancing our business continuity capabilities.”
Chicago, Ill.-based Fay Servicing is a special servicer which leverages its relationship-based servicing platform to optimize performance of residential loan portfolios for banking institutions and alternative real estate investors.