Moody’s reaffirms ‘above-average’ quality rating for reverse mortgage servicer Celink
Housing Wire
JUNE 6, 2024
Department of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM) servicing contract and is a HECM subservicer for several major lenders. Celink assumed control of the HECM servicing contract with HUD in late 2022. The assessment scale ranges from SQ1 (strong) to SQ5 (weak).
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