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GMAC Mortgage Wins Two Clients.(Redwood Trust and MortgageIT)(Brief Article)
GMAC Mortgage here has signed two new clients for its fast-growing subservicing business.
Redwood Trust and MortgageIT will outsource selected servicing functions to GMAC.
Tony Renzi, executive vice president and head of national loan administration at GMAC Mortgage, said GMAC is delighted to have the two new clients.
"Each of the arrangements with our newest clients is unique, which underscores one of our major strengths as a premier subservicer. Not only do we offer services for a variety of mortgage loan products and asset classes, we also can customize our servicing options to meet a client's specific business objectives," Mr. Renzi said.
Redwood Trust, a Mill Valley, Calif.-based REIT that ...
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Source: HighBeam Research, GMAC Mortgage Wins Two Clients.(Redwood Trust and MortgageIT)(Brief...