Fay Servicing, a special servicer that manages distressed and at-risk residential mortgages, expanded its presence in Illinois with the opening of a second office located in Oakbrook Terrance.
The Chicago-based servicer explained the expansion accommodates company growth and allows access to mortgage talent in the western and northern suburbs of Chicago.
Fay Servicing seeks individuals with a strong background in loan originations, typically with large, prominent lenders.
""Simply put, we believe having the highest quality professionals is critical to our success and that of our clients,"" said Ed Fay, CEO of Fay Servicing. ""Our efforts to expand the company and hire top-tier mortgage talent in new geographies will allow us to continue to build strong relationships with borrowers and maximize loan value, which are our primary goals.""