Citadel surpasses $3 billion in servicing

by Ryan Smith07 Aug 2019

Citadel Servicing Corporation (CSC) has announced that it has surpassed $3 billion in servicing under management. The company has added $1 billion to its servicing portfolio in the past nine months alone.

CSC is the only vertically integrated lender solely dedicated to the non-prime/non-QM market. The company recently announced that it was dropping rates by 0.25% across all its product lines.

“We are continuously looking at ways to improve what we do and how we do it, working with our partners to find cost-effective ways to service the needs of our customers,” said Eric Friedman, senior vice president and director of servicing for CSC. “Over the past 12 months, we have invested in systems which allow us to provide efficient and easier ways to service our customers.”