IAS Starts ‘Investor Focused’ Servicing Unit

Posted by Orb Staff on August 18, 2009 No Comments
Categories : Mortgage Servicing

Denver-based Integrated Asset Services LLC (IAS) has launched Statebridge, a new shop that IAS says provides ‘investor focused’ special servicing of both distressed and non-distressed mortgages.

‘In association with IAS' valuation and REO capabilities, Statebridge will be the only servicing company to provide a 'one-stop shop' for mortgage servicing that is intensely focused on the needs of investors that have grown out of this new mortgage environment,’ says IAS President and CEO Dave McCarthy.

The Statebridge team will offer collateral analysis, fiduciary review, pool-level analysis and pricing advocacy for new investments in mortgages. The company's launch rounds out IAS' suite of mortgage servicing products, which includes bank-owned property management and disposition, conditioned valuation, and mortgage due diligence.

Kevin Konouff has been named president of the new company. According to IAS, Statebridge was founded on the principle that a combination of technology, industry experience, custom borrower touch and a contrarian view of servicing can make a significant difference in the performance of mortgage portfolios.

"We work closely with our clients to create a servicing strategy unique to their investment philosophy for the greatest return," comments Konouff.

SOURCE: IAS

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