DEVAL Obtains Freddie Mac Servicer Approval
TYSONS CORNER, Virginia, Feb. 3, 2015 /PRNewswire-HISPANIC PR WIRE/ — DEVAL, LLC, a Hispanic woman-owned specialty loan servicer, is excited to announce that it has received Freddie Mac Servicer approval.
This certification allows the company to further assist the underserved Hispanic market by offering expert loan servicing and loss mitigation services for a wider range of loan products. With this approval, DEVAL is now one step closer to achieving its goal of customizing standard servicing practices to meet the ever-growing Hispanic population in the United States.
“We are extremely pleased to have been approved by Freddie Mac. As a non-bank Hispanic-Owned, and Woman-Owned Servicer, we are excited to enter this marketplace and look forward to serving our Hispanic community,” said Deborah Garcia-Gratacos, President and CEO of DEVAL LLC.
In addition to its proven expertise in loan servicing, finance, and efficient back-office operations, DEVAL also provides technology solutions that enhance existing systems and enable customer innovation and efficiency. DEVAL’s mission is to serve the Hispanic community by providing effective loan servicing and loss mitigation services by communicating effectively with Spanish-speaking homeowners and other minorities while saving banks (lenders) high maintenance costs and litigation fees.
About DEVAL, LLC
DEVAL is the only non-bank, Hispanic, woman-owned special loan servicer in the nation specializing in subservicing for residential real estate assets, primarily for Hispanic “high-touch” loans. DEVAL is a loan servicer and special servicer rated by Fitch Ratings and is an approved Non-Supervised Automatic Lender and Loan Servicer with the US Department of Veterans Affairs, and is a Nationwide Lender in the Single Family Housing Guaranteed Loan Program for the US Department of Agriculture. DEVAL is headquartered in Dallas, Texas with full-service offices in the Washington DC Metro Area, Orlando, Florida, and San Juan, Puerto Rico. For more information about DEVAL, visit www.deval.us.