""LenderLive Network Inc."":http://www.lenderlive.com/ announced Tuesday that it has received approval as a Fannie Mae and Freddie Mac servicer, making it eligible to service loans for the two GSEs.
""As the servicing market continues to change and more lenders want to retain servicing, they need assistance in doing so efficiently and without strain on their internal infrastructure,"" said Rick Seehausen, president and CEO of LenderLive. ""It is important that we continue to enhance our service offerings as the industry evolves. Being approved by both Fannie Mae and Freddie Mac positions us to better meet the needs of our current and prospective customers.""
Headquartered in Denver, Colorado, LenderLive is a domestic-based mortgage services provider.