Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
640,221+2,230
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
7.03%0.00
Legal

EMC To Open New Servicing Center

EMC Mortgage Corporation, a Texas-based mortgage company and subsidiary of Bear Stearns, will open a second mortgage servicing site in Irvine, California in May that expects to employ a staff of 250 employees within the next 12 to 18 months, the company said yesterday. EMC’s new California office will serve as a second site for the company’s servicing operations, currently headquartered in Lewisville, Texas, within the Dallas-Fort Worth metroplex. “Our new location in California allows us to better serve our customers with additional hours of service in another time zone,â€? said John Vella, president and CEO of EMC Mortgage Corporation. “Initially, our Irvine office will operate as an operations center for customer service and default management.â€? EMC is currently in the process of staffing the new California location with customer service agents and default operations.

“The cornerstone of EMC’s success is a sincere dedication to customer care, and we are seeking those who share that philosophy as well,â€? said newly-appointed site manager, Eddie Torres, senior vice president of EMC. “We’re in search of talented and enthusiastic people who are ambitious, flexible and looking for a long-term career with a growing company.â€? Located at 1833 Alton Parkway, three miles north of John Wayne Airport, the new EMC location in Irvine, California will located adjacent to Encore Credit Corp., a subprime mortgage origination platform. Both companies are subsidiaries of The Bear Stearns Companies Inc. EMC employs more than 1,900 nationally. For more information, visit http://www.emcmortgagecorp.com.

Don’t subscribe? Be sure to sign up today to get our free email updates delivered direct to your inbox!

Most Popular Articles

Latest Articles

Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions 

The current environment of mergers and acquisitions (“M&A”) is evolving. There is constant movement in the mortgage industry with the desire for growth and expansion. It is easy to become blinded by the end goal of increasing loan volume and quality origination talent.   Thus, it has never been more important to focus on due […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please