Fay Servicing promotes Patrick Norton to president of loan originations

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Fay Servicing has selected Patrick Norton as the new president of its origination division, Fay Mortgage Services, and Greg Reed to replace him as senior vice president of account management. In his new role, Norton manages all originations activities including sales, underwriting, funding and delivery.

View Greg Reed’s business profile as Vice President at Cardinal Financial Company Limited Partnership and see work history, affiliations and more.

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However, this glum news may have a silver lining, according to at least one industry executive. "There’s a huge opportunity for former loan originators taking their existing skill set and industry knowledge and applying them in specialty servicing," Patrick Norton, SVP of Fay Servicing, based in Chicago, told DS News.

After launching its new mortgage origination division focusing on retail and correspondent loans in. mortgage servicing, REO management, asset disposition and lending industries. Before joining Fay.

Mr. Patrick Norton has been President of Loan Origination Division at Fay Servicing, LLC since October 2015. Mr. Norton has more than 18 years of mortgage banking experience and served as Senior.

Fay Servicing promotes Patrick Norton to president of loan originations Fay Servicing, LLC | Consumer Financial Protection Bureau – The CFPB has ordered Fay Servicing to stop its illegal practices and pay up to $1.15 million to harmed borrowers. related documents. consent order. Stipulation.

Fay Servicing Promotes Patrick Norton to President of Loan Originations and Greg Reed to Senior Vice President of Account Management. Before that, Norton held senior mortgage origination roles at HSBC and BancOne Financial Services as well as serving more than a decade in the U.S. Marine Corps.

Residential mortgage special servicer and originator Fay Servicing has named Patrick Norton its new president of loan originations and promoted Greg Reed to senior vice president of account management.

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Fay Servicing promotes Patrick Norton to president of loan originations Fay servicing promotes norton to President of Loan Originations; Reed to SVP of Account Management Fay Servicing, Chicago, appointed Patrick Norton as the new president of its origination division, Fay Mortgage Services and Greg Reed to replace him as senior vice president.