Countrywide
Home Loans Home Loans selected Master Servicer for loan program
KANSAS CITY, Missouri -- Countrywide Home Loans, Inc. has been selected
to continue to serve as Master Servicer for the Missouri Housing
Development Commission’s First Place Loan program. The company will
provide loan servicing for all single-family bond issues for a
three-year period beginning in August 2004.
Countrywide Home Loans Home Loans is headquartered in Moorpark, Calif.,
and currently has 18 offices in the state of Missouri. They have been
serving as MHDC’s Master Servicer since August 2001.
Four companies responded to MHDC’s Request for Proposal: CitiMortgage,
Countrywide, Heartland Bank and US Bank/Leader Mortgage.
“We have been very satisfied with our relationship with Countrywide Home
Loans during the last three years,” said Don Brinker, Homeownership
Program manager. “Countrywide is also the largest originator of loans in
the First Place program and they have proposed a rural outreach program
as part of their proposal.”
The bid form submitted by each company required that the bids be
specific to Ginnie Mae Certificates at and Fannie Mae mortgage-backed
securities.
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