Integrated Asset Services (IAS) announced the launch of Statebridge. The new company will provide customized and investor-focused servicing for the mortgage industry.
Statebridge’s risk-based servicing will introduce a new adaptive approach that would maximize return on performing and nonperforming loans.
The company provides custom special servicing to both distressed and non-distressed mortgages. Statebridge will also offer collateral analysis, fiduciary review, pool level analysis, and pricing advocacy for new mortgage investments.
“Statebridge is defining a new category, ‘investor-focused servicing’, for the mortgage industry”, said Dave McCarthy, president and CEO of IAS. “In association with IAS’ valuation and REO capabilities, Statebridge will be the only servicing company to provide a ‘one-stop shop’ for mortgage servicing that is intensely focused on the needs of investors that have grown out of this new mortgage environment.”
