Correspondent Lending Servicing Transfer and Goodbye Letter Update---July 31, 2019

Subject: Servicing Transfer and Goodbye Letter Update
Date: July 31, 2019

 

Since inception, all mortgage loans purchased under our Correspondent Lending program have been sub-serviced on our behalf on a private label basis under the name “AIG Home Loan.”

In connection with certain broader program changes and enhancements, AIG Correspondent Lending has recently decided to discontinue its private label servicing for the mortgage loans it purchases.

Beginning on August 8, 2019, the sub-servicing of all AIG loans will be in the name of “Central Loan Administration and Reporting”. Please make all internal changes necessary to ensure that all notices, goodbye letters correspondence and any other document with references to the servicer reflect the new name and telephone number as follows (changes highlighted):

Correspondence Address for New Servicer	Payment Address
Central Loan Administration and Reporting PO Box 77404 Ewing, NJ 08628	Properties located in: CA, AK, AZ, CO, HI, ID, MT, NE, NM, NV, ND, OR, SD, UT, WA, WY: Central Loan Administration and Reporting PO Box 54040 Los Angeles, CA 90054-0040 All Other Property States: Central Loan Administration and Reporting PO Box 11733 Newark, NJ 07101-4733 Ph. 866.300.6407

This announcement applies to all loans purchased on or after August 8, 2019. Please contact Shane Larscheid, Vice President of Sales with any questions related to this announcement.

Thank you.