Chad Reid's Contact Details

Chad Reid's Company Details

LoanCare Servicing Center, Inc.

Virginia Beach, VA, US • 1000 - 4999 Employees
Financial Services

LoanCare,LLC, is a leading national provider of full service subservicing and interim subservicing to the mortgage industry and has offered its expertise and best practices in providing servicing solutions for others since 1991. At the present time, LoanCare subservices over 1.8 million loans in 50 states, approximating $390 billion in loan balances. LoanCare has a seasoned loan servicing team with senior managers averaging nearly 30 years of experience in the mortgage and financial services industry.According to National Mortgage News, LoanCare is the nation's second largest subservicer. Our focus is optimizing asset performance for our clients while delivering a better borrower experience. Combining strategic, technical, operational and organizational expertise with proven disciplined approaches, we build solutions and get results. As evidence of the 70-plus clients currently under contract, 40 have been with LoanCare at least six years and 14 for ten years or more.Through LoanCare, our clients have access to advanced servicing technology. We utilize Black Knight's Mortgage Servicing Platform (MSP) system, which is the premier servicing platform in the industry, and have 35 million loans on the system. We have wrapped a number of proprietary systems around the core platform. LoanCare focuses on optimizing asset performance while delivering a better borrower experience. Combining strategic, technical, operational and organizational expertise with proven, disciplined approaches, LoanCare builds solutions that gets results. Let us tailor a subservicing program for you.