Home / News / Loss Mitigation / iServe Aligns Servicing and Real Estate Operations
Print This Post Print This Post

iServe Aligns Servicing and Real Estate Operations

iServe Servicing, Inc., a residential mortgage special servicer of performing, sub-performing, nonperforming, and bank-owned assets, announced Monday that it has integrated its business operations with iServe Real Estate Operations Inc. (iServe REO).

The combined business unit will maintain the ""iServe Servicing"":http://www.iservecompanies.com title and be led by current iServe Servicing CEO Richard Cimino.


The company explained that the integration allows it to offer clients the full spectrum of specialized residential servicing, disposition, and technology services, while enabling seamless collaboration between the servicing and real estate operations.

""As our clients' needs evolved, we recognized the necessity to adjust our business model,"" said Cimino. ""This integral combination will allow iServe Servicing to better serve our customer base by creating a one-stop-shop business with a more robust product offering.""

Cimino went on to explain, ""Our new model is a tremendous advantage for clients who will be able to utilize the full services of two operational businesses under the same roof.""

iServe Servicing is an affiliate of ""National Asset Direct, Inc."":http://www.nationalassetdirect.com/, which supports the acquisition and management efforts of various investment funds in the residential debt and real estate related asset classes.

iServe was established in April of 2007 and began boarding its first loans in late 2007. The company is headquartered in Irving, Texas.

About Author: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.

Check Also

Boston National Title, Clarifire, Collaborate to Streamline Default Servicing

Boston National Title Agency, an Incenter LLC company, has announced a strategic alliance with Clarifire, ...

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.