Celink is now HUD’s official HECM loan servicer

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Celink is now HUD’s official HECM loan servicer

It’s official: Celink now provides loan servicing for Home Equity Conversion Mortgage (HECM) reverse loans sponsored by the Federal Housing Administration (FHA). RMD fills in the details in this week’s episode.

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Celink Recognized for Ethical Leadership

Lansing, Michigan (December 13, 2012)

Celink, the nation’s largest independent reverse mortgage subservicer, has been named one of three companies to receive the annual 2012 BBB of Western Michigan Integrity Award. Megan E. Hopkins, Director of the Center for Character Ethics said, “Celink’s selection came after a panel of judges evaluated numerous nominations, and the award represents trust and integrity in our 38-county regional business community.”

Ryan LaRose, President and COO, views the award as validation of the Celink Code of Ethics, first drafted by his father and CEO John LaRose. “The tremendous benefits of reverse mortgages have erroneously fallen under the shadow of the national mortgage crisis. The reverse mortgage industry is charged with ethical leadership. Receiving this integrity award is full affirmation that our company’s guiding principle of ‘Doing the right thing, at the right time, for the right reason’ is sound business practice.”

About Celink
Celink is the nation’s select and largest, independent reverse mortgage servicer and is licensed in all 50 states, as well as Puerto Rico and the U.S. Virgin Islands. Celink’s reverse mortgage servicing portfolio exceeds $29 billion. A full organizational profile is available at: www.celink.com.
John LaRose, CEO ● Phone: 517.321.9002

Celink & Reverse Mortgages – Curing T&I Defaults: A servicers perspective

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Learn what Celink is doing to help borrowers prevent and cure tax and insurance defaults for reverse mortgage borrowers.

A Behind The Scenes Look At Curing Tax & Insurance Defaults
Our exclusive interview with Celink’s John LaRose at last month’s NRMLA meeting uncovers some of the steps being taken by reverse mortgage servicers to cure tax and insurance defaults.

Celink & Reverse Mortgages