American Home Mortgage Servicing acquires servicing rights for 185,000 loan from Citi Residential LendingMortgagePress.comAmerican Home Mortgage Servicing, servicing rights, Citi Residential Lending, David Friedman
American Home Mortgage Servicing Inc. has signed an agreement
with Citi Residential Lending to acquire a servicing rights
portfolio on 185,000 loans. AHMSI will board the loans in early
February. Customers were notified of the servicing change during
the last week of January.
"With this acquisition, we have increased the number of loans we
service to approximately 575,000, an increase of 45 percent," said
David Friedman, chief executive officer. "The loans are a great fit
with our existing portfolio, and we look forward to serving a new
group of homeowners."
For more information, visit www.ahmsi3.com.