Is Bayview Loan Servicing legitimate?

Is Bayview Loan Servicing legitimate?

Community Loan Servicing, previously known as Bayview Loan Servicing, is a legitimate lender that provides financing solutions for homebuyers across the country. It doesn’t offer mortgage refinancing, but potential borrowers can apply for new mortgage loans over the phone.

Who owns Bayview loans?

Bayview Loan Servicing, LLC, or BLS, a wholly-owned subsidiary of BAM, is a highly rated servicing platform that for over ten years has provided primary and special mortgage loan servicing for residential and commercial loans owned by BAM and its affiliates and, to a lesser extent, certain third-parties.

What is Bayview Loan Servicing new name?

About us. Bayview Loan Servicing, has changed its name!!! We are now Community Loan Servicing. Same commitment to service, only the name has changed. Please visit us on our new page. Community Loan Servicing, LLC NMLS#2469.

Did Bayview change their name?

Name Change and Organizational Restructuring: Community Loan Servicing, LLC (CLS) was previously known as Bayview Loan Servicing. The servicer completed its corporate name change in September 2020.

Is Bayview Loan Servicing a collection agency?

Bayview Loan Servicing, LLC is a mortgage lender and debt collection agency located in Coral Gables, Florida. It services loans in all U.S. states, Washington DC, Puerto Rico, and Guam.

Who is the CEO of Bayview Loan Servicing?

David Ertel
David Ertel. Chairman/CEO/Co-Founder, Bayview Asset Management LLC.

What does Bayview Loan Servicing do?

Bayview Loan Servicing, LLC (BLS, or the company) is a servicing arm of Bayview Asset Management, LLC (BAM), a manager of funds that invest in commercial and residential whole loans as well as asset-backed securities and other mortgage-related assets.

What does a loan servicing company do?

Your loan servicer typically processes your loan payments, responds to borrower inquiries, keeps track of principal and interest paid, manages your escrow account (if you have one). MERS is a private company that maintains information about mortgage loans and servicers.

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