LenderLive Network Becomes Approved Freddie Mac Seller, Servicer

LenderLive Network Becomes Approved Freddie Mac Seller, Servicer

National firm seeks designation to better serve community banks and credit unions

DENVER--(BUSINESS WIRE)-- LenderLive Network Inc., a domestic-based, end-to-end mortgage services provider, is now an approved Freddie Mac seller. This certification allows the company to deliver better loan product options and more flexibility to its community lender clients. LenderLive was approved as a Freddie Mac servicer in 2012.

The number of community banks and credit unions originating or wanting to originate mortgages has grown as more people chose to bring their business to these local, community-based lenders. To effectively meet that need without significantly increasing fixed costs yet providing real know-how and quality mortgage customer service, many of these institutions have turned to knowledgeable, experienced mortgage business partners.

"LenderLive has an established, 23-year history of success in helping financial institutions build and grow their residential mortgage businesses, cost-effectively and efficiently," said Rick Seehausen, president and CEO of LenderLive. "We provide value-added services not offered by most correspondent lenders, including the ability to provide private label fulfillment services to our clients.

"In addition, we are committed to providing competitive rates and reduced turn times on loans purchased. This certification is another way for LenderLive to further our dedication to serving community banks and credit unions."

With this approval, LenderLive can further assist community bank and credit union clients in improving operational execution of loans, gain access and execute in the secondary market, better enhance their customer relationships and increase their residential mortgage loans' performance throughout the entire mortgage lifecycle.

About LenderLive Network Inc.

LenderLive is a domestic-based mortgage services provider. Through its five divisions - outsource services, correspondent lending, document services, settlement services and loan servicing - LenderLive offers the people, technology and processes to support its clients' origination, servicing and loan purchase operations. From large-scale, centralized operations centers, the company provides services to financial institutions of all sizes on a national basis. With tens of millions of transactions processed through its expansive service offering, LenderLive offers the vision, experience and innovation on which financial institutions can rely. For more information about the company and its services, contact Rick Seehausen at 303.226.8001 or visit www.lenderlive.com.

Media Contacts for LenderLive
Charlyne H. McWilliams, 301-933-5567
Hayley Thrift, 678-781-7228

KEYWORDS: United States North America Colorado


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