Celink Platform Supports LIBOR-based FHA-HECM

Posted by Orb Staff on October 25, 2007 No Comments
Categories : Mortgage Servicing

Celink, headquartered in Lansing, Mich., has announced that its proprietary reverse mortgage-servicing platform, ReverServ, supports the newly authorized LIBOR-based Federal Housing Agency (FHA)-insured home equity conversion mortgage (HECM).

Celink, a Standard and Poor's select servicer of reverse mortgages and approved Fannie Mae reverse mortgage servicer, currently provides subservicing of reverse mortgages for over 20 lenders and investors.

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