LenderLive Network Approved as a GSE Servicer

LenderLive Network Inc. has announced that it has received approval as a Fannie Mae and Freddie Mac servicer. With this approval, the company is now eligible to service Freddie Mac and Fannie Mae loans. LenderLive’s loan servicing division is one of the company’s five divisions: origination services, conduit services, settlement services, document services and loan servicing. The company recently expanded its offices in Denver and Troy, Mich., to accommodate an increased demand for the company’s services and to position it for continued growth. A third Denver location is being added to accommodate further staff and infrastructure expansion.  “As the servicing market continues to change and more lenders want to retain servicing, they need assistance in doing so efficiently and without strain on their internal infrastructure,” said Rick Seehausen, president and CEO of LenderLive. “It is important that we continue to enhance our service offerings as the industry evolves. Being approved by both Fannie Mae and Freddie Mac positions us to better meet the needs of our current and prospective customers.”