"LoanCare Servicing, a division of FNF Servicing has the expertise to service your loan"
Background of LoanCare, a division of FNF Servicing, Inc.
FNF Servicing, Inc. is a subsidiary of Fidelity National Financial, Inc. ("FNF") (NYSE:FNF), a publicly traded company with annual revenues in excess of $4 billion annually. FNF has a diversified business model with primary business lines in the area of title insurance and specialty insurance. FNF is the nation's largest title insurance underwriter issuing over 45% of all title policies for residential loan transactions along with a substantial commercial title insurance group.
LoanCare, a division of FNF Servicing, Inc., is a leading national provider of full service subservicing and interim subservicing to the mortgage industry and has offered its expertise and best practices in providing servicing solutions for others since 1991. At the present time, LoanCare subservices nearly 130,000 loans for approximately 80 companies in 50 states totaling approximately $18 billion in loan balances. LoanCare is licensed to service in each state required, has a SAS 70 Type II report, and is S&P and Moody's rated.
LoanCare has a seasoned loan servicing team with senior managers averaging nearly 20 years experience in the mortgage and financial services industry. Subservicing is our core competency, it is not a sideline business or a way to fill excess capacity. Through LoanCare, our clients have access to advanced servicing technology.
LoanCare is focused on client satisfaction and loyalty. Of the 80+ clients currently under contract, 40 have been with LoanCare at least six years and 14 for ten years or more. LoanCare’s obligation to perform services is specified in a subservicing agreement that generally runs for two years.
Combining strategic, technical, operational and organizational expertise with proven, disciplined approaches, LoanCare builds solutions that gets results.