NEWSROOM

Fay Servicing Adds RES.NET’s REO Portal to Manage Portfolio

RES.NET, a California-based software applications firm serving the real estate industry, has partnered with Fay Servicing to provide Fay’s clients access to RES.NET’s expansive network of agents and vendors through the company’s REO Portal. Through the platform, Fay clients also access to RES.NET’s set of customizable operating tools to allow compliance while maintaining efficiencies. “Under such tight regulatory oversight, more

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Fay Servicing Launches REO Division, Hires Glenn Brooks as SVP

After launching its new mortgage origination division focusing on retail and correspondent loans in May, Fay Servicing has launched a new real estate owned (REO) property division offering a range of services, including eviction attorney selection and oversight, access to a large preferred real estate agent network, ‘cash for keys’ negotiations, pre-marketing strategies, contractor selection and project oversight, listing and

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Fay Servicing Selects Nancy Barthel as Senior Vice President of Operational Risk

CHICAGO–(BUSINESS WIRE)–Fay Servicing, a special servicer that manages residential mortgages, announced the addition of Nancy Barthel to its executive team as the company’s senior vice president of operational risk, where her role is to develop and strengthen the servicer’s QA/QC programs and manage risk across the organization. Nancy Barthel is a Certified Mortgage Banker (CMB) and Lean Six Sigma Black

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Fay Servicing Hires Andy Laing as Chief Operating Officer

Fay Servicing, a special servicer that manages residential mortgages throughout the United States, hired Andy Laing to its executive team as chief operating officer. In his new role, Laing will lead all of the firm’s servicing, default, business intelligence and back office operations, as well as help manage new strategic initiatives. Laing brings over 20 years of experience in the financial services

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Fay Servicing Hires Loren Morris as General Counsel, Chief Compliance Officer & Executive Vice President

Mortgage industry veteran joins executive team; further strengthens organization’s legal team CHICAGO–(BUSINESS WIRE)–Fay Servicing, a special servicer that manages distressed and at-risk residential mortgages, announced Loren Morris, Esquire, has joined its executive team as the company’s general counsel, chief compliance officer and executive vice president, where he is responsible for leading corporate, strategic and tactical legal initiatives. Morris brings more

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