CMC Funding, Capital Markets Cooperative's MSR acquisition division, is partnering with The Federal Home Loan Banks through the MPF program to purchase servicing rights from participating PFIs on Fannie Mae, Freddie Mac, VA, Rural Housing and FHA products*.
*See CMC Funding Servicing Rights Purchase Guide for full guidelines and eligibility.
In 2016, CMC Funding was ranked #6 on the list of non-bank servicing buyers, with a purchase volume of more than $5.3B.
(Source: Thomson Reuters)
CMC Funding's loans are serviced by its sister company, Specialized Loan Servicing (SLS).
SLS provides an end-to-end sub-servicing solution that offers transparency, time and cost efficiencies and excellent customer service. SLS creates solutions to help your customers at any stage of their loan lifecycle and delivers transparent reporting to help optimize the performance of your portfolio.
Billion in UPB
- Primary Servicer – Prime, Alt-A, Subprime, HELOC, and Second Lien “RPS2”
- Special Servicer “RSS2”
- Outlook “Positive”
- Primary Servicer – Subprime “SQ2”, Second Lien “SQ2-“
- Special Servicer “SQ2”
Standard & Poor's
- Prime, Subprime, Second Lien and Special Servicer “Above Average”
- Outlook “Stable”, Management and Organization “Strong”