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HORSHAM, PA -- GMAC Mortgage Corp., the nation's third-largest subservicer, will handle special servicing for Radius Mortgage Capital, a whole loan mortgage investor and affiliate of Kelly Capital, a private investment firm.
Radius, based in San Diego, specializes in nonconforming and difficult-to-sell residential mortgages. GMAC Mortgage will provide interim and retained subservicing for the Radius portfolio of first mortgages and closed-end second mortgages.
"We chose GMAC Mortgage for its unique servicing platform and ability to service a broad spectrum of product types and ...