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Frontier Risk Management Inc is a Chicago, IL-based company in the Financial Services sector.
Bankcard USA Merchant Services is a Thousand Oaks, CA-based company in the Financial Services sector.
Clearpoint Funding is a Waltham, MA-based company in the Financial Services sector.
First Federal Savings Bank of Champaign-Urbana is one of the leading companies in Financial Services industry. First Federal Savings Bank of Champaign-Urbana is based in Champaign, IL. You can find more information on First Federal Savings Bank of Champaign-Urbana at www.356bank.com
Founded in early 2008 to address challenges created by the growing housing crisis, our company is committed to providing innovative servicing solutions for both performing and non-performing mortgages. Until recently, the existing traditional mortgage servicers were adequately able to handle the mortgages under their care. The functioning premise of their servicing models was a high volume, low delinquency approach. However, in the last two years, due to many factors, residential mortgages have begun experiencing unprecedented levels of delinquency. As a direct result, many servicers quickly found themselves overwhelmed and unable to effectively manage the resulting complications. We conducted an exhaustive analysis of the existing mortgage servicing industry and gained valuable insight into the short-comings of current mortgage servicers. Realizing that even adapting an existing approach was wrought with immense challenges including legacy portfolio issues and unproductive corporate cultures, we decided to build a new model from the ground up, the focus of which would be to benefit both the homeowners and the lenders.