Loan servicers
Madison Management Services
Madison Management Services, LLC is a specialty loan servicer working for investors who hold residential mortgage notes. It services performing loans, takes on non-performing and default servicing, and runs loss mitigation on accounts that stop paying.
For investors the firm provides servicing, asset management, loss mitigation, and REO management, along with RMLO services. Every loan is assigned to a customer service representative so the client and the borrower have a single point of contact, and the company says it takes portfolios ranging from one loan to several hundred. Clients get a self-service platform with payoff statements, reinstatement notices, and a shared log of borrower conversations.
On the borrower side, the firm works with homeowners who are past due or facing foreclosure to find a way to catch up or limit the damage to their credit, and says it may also help refinance an existing loan into better terms. The site publishes payment options, loss mitigation options, loan fee and escrow explanations, foreclosure and bankruptcy basics, identity theft guidance, forms, and a complaints route.
The company is registered under NMLS ID 185724. Pricing is not published, and every page beyond the homepage was behind a bot check when the site was crawled, so confirm the fee schedule, the states it is licensed in, and the boarding process directly.
Best for
Note investors and small lenders who need a third-party servicer for seller-financed paper or non-performing residential loans, including loss mitigation and REO. Homeowners whose loan was placed here use the same site for payments and forms.
What they do
- Performing loan servicing
- Non-performing and default loan servicing
- Loss mitigation for delinquent borrowers
- REO management
- Asset management for note investors
- RMLO services for investors
- Borrower payment processing and online portal
Details
| Attribute | Value |
|---|---|
| Licenses | NMLS ID 185724 |
What stands out
- Registered under NMLS ID 185724.
- Assigns each loan to a customer service representative so clients and borrowers have one point of contact.
- Takes portfolios ranging from a single loan to several hundred loans.