Servicing costs continue to increase as servicers deal with increases in compliance costs, including the recent 900-page servicing rule which goes into effect later this year. During the session Innovation and Technology: Finding Efficiencies in Servicing Operations at the Mortgage Bankers Association’s National Mortgage Servicing Conference in Dallas, panelists discussed how to find efficiencies in servicing. Author | Kelsey Ramirez
Please be advised that we are open and working to ensure all borrower questions and concerns are answered as quickly as possible. However, with the current constraints on resources, our response and hold times may be longer than normal. We appreciate your patience during this troubling time and would like to remind you about the online and phone resources that will allow you to self-service and continue to make your payments at your convenience. You can register for online access to your loan in the “My Loan” section of the home page. You can also call our listed 800 number to hear your balance and make payments. Additionally, if you have questions that require us to assist you, you can send your questions to our Customer Service group at firstname.lastname@example.org. We will respond to your email within 48 hours. We hope that all of our borrowers are safe and taking care of their families during this crisis. Fay is here to assist you with your home needs as they may arise.