Marix Approved As Freddie Mac Servicer

Posted by Orb Staff on April 24, 2009 No Comments
Categories : Mortgage Servicing

Servicing LLC has been given approval as a servicer under Freddie Mac's home mortgage (one-to-four-unit) program. The approval signifies Marix's ability to service investment quality loans using Freddie Mac's control standards, staffing requirements and proper procedures. ‘We are proud of the work that we do at Marix, assisting asset owners and their borrowers during these tough economic times,’ says Rick Smith, Marix's president and CEO. "Freddie Mac's confirmation further validates our efforts to be a superior mortgage servicer." Marix is a specialty default servicer located in Phoenix, Ariz., that was formed by global investment management firm Marathon Asset Management LLC. SOURCE

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