With CMC Funding as the servicer, your customer receives the best of both worlds – access to a home loan from a local institution they trust and servicing from experienced mortgage professionals.
About CMC Funding
Founded in 2003, Capital Markets Cooperative (CMC) has built a full suite of products and services that deliver greater profitability to its mortgage banking clients. CMC Funding, CMC's mortgage servicing rights (MSR) acquisition division, is partnering with the MPF Program to purchase MSRs from participating PFIs under the MPF Traditional products.* CMC loans are serviced by its sister company, Specialized Loan Servicing (SLS). SLS services over 390K loans with UPB of $55 billion.
In 2016, Capital Markets Cooperative and CMC Funding were acquired by Computershare Limited (ASX:CPU). Founded in 1978, Computershare is a global market leader in several financial sectors, including mortgage servicing. Computershare is represented in all major financial markets and has over 16,000 employees worldwide. For more information, visit Capital Markets Cooperative.
*See the CMC Whole Loan Servicing Transfer Manual (Traditional).