Move is in line with the expansion of its reverse mortgage origination operations
Fairway Independent Mortgage has tapped mortgage subservicer Celink to help support the ongoing expansion of its reverse mortgage origination business.
According to its release, Fairway will use Celink as its subservicer for a newly originated reverse mortgage on an interim basis until the company sells and transfers the loans. Fairway said this will streamline the process for the borrowers.
Commenting on the move, Harlan Accola, national reverse mortgage director at Fairway, said that part of having an outstanding borrower experience is having the right servicing partner.
“Celink leadership understands the nuances of the reverse business,” he said. “So, their expertise and background in the industry make them a perfect choice for us. More importantly, they understand the needs of our clients. Celink is dedicated to providing innovative solutions like their secure online borrower portal, making things easier for the consumer.”
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“Celink is honored to have been selected by Fairway after an in-depth due diligence process, and we look forward to partnering closely with their team,” Celink CEO Marion McDougall added. “Celink has invested heavily over the past 24 months in improvements surrounding technology, people, and processes, and we are pleased that Fairway recognized the best-in-class service that we are able to provide them and their borrowers.”
