Community Loan Servicing, previously known as Bayview Loan Servicing, is a legitimate lender that provides financing solutions for homebuyers across the country.
Beside this, does a loan servicer own the loan?
Once you close on your mortgage, your mortgage servicer is responsible for questions pertaining to your loan. Your servicer might be the lender, but it could be another company. … When the servicer receives your payment, it distributes the money: Principal and interest go to the bank or the investor that owns the loan.
Beside above, what bank owns Lakeview loans?
If your loan has been recently transferred to Lakeview, it can take up to 10 days for the transfer to be complete.
What does Bayview Loan Servicing do?
Bayview Loan Servicing, LLC (BLS, or the company) is a servicing arm of Bayview Asset Management, LLC (BAM), a manager of funds that invest in commercial and residential whole loans as well as asset-backed securities and other mortgage-related assets.
Bayview Loan Servicing, has changed its name!!! We are now Community Loan Servicing. Same commitment to service, only the name has changed. Please visit us on our new page. Community Loan Servicing, LLC NMLS#2469.
Your mortgage lender is the financial institution that loaned you the money. Your mortgage servicer is the company that sends you your mortgage statements. Your servicer also handles the day-to-day tasks for managing your loan.