May 27, 2017 3:11 PM ET

Thrifts and Mortgage Finance

Company Overview of AMS Servicing, LLC

Company Overview

AMS Servicing, LLC provides loan servicing for various customers in the United States. The company services real estate loans, including residential, multifamily, and small balance commercial properties. It also provides constructive solutions to borrowers; and services in various industries, including insurance, escrow, taxes, collections policies and procedures, compliance, and reporting. The company was founded in 2008 and is based in Depew, New York. As of February 3, 2014, AMS Servicing, LLC operates as a subsidiary of Seneca Mortgage Investments LP.

3374 Walden Avenue

Suite 120

Depew, NY 14043

United States

Founded in 2008

Phone:

866-919-5608

Fax:

516-832-6411

Key Executives for AMS Servicing, LLC

AMS Servicing, LLC does not have any Key Executives recorded.

AMS Servicing, LLC Key Developments

Seneca Mortgage Servicing to Eliminate 43 Positions at the End of October 2016

Seneca Mortgage Servicing LLC filed notice with the New York State Department of Labor that it will eliminate 43 positions at the end of October. The move is part of a deal to sell existing and future mortgage servicing rights to Nationstar Mortgage Holdings Inc. Mortgage servicing rights come into play when original lenders sell mortgages to other parties, who in turn collect payments and then forward interest and principal amounts to the original lender. In return, those parties holding mortgage servicing rights are paid set fees.

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Recent Private Companies Transactions

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