Loan Servicing for Community Development Leaders

Posted on October 23, 2020

MRI Software is pleased to announce the expansion of its services for housing agencies and other affordable housing lenders. Through the expertise of the TCAM services team, MRI is now offering comprehensive loan servicing, as well as asset management and consulting services, to capital providers in the affordable housing industry.

Specialized expertise in servicing subordinate, cash-contingent loans, as well as standard first mortgage loans, allows us to help clients meet a wide range of needs and objectives associated with non-traditional housing and community development loans. Our servicing and technology teams can help lenders manage the complexities of cash flow calculations, residency requirements, and multiple layers of financing, as well as the basics of loan payments and collections.

Based in MRI’s Washington, D.C. office, the loan servicing team includes a call center and dedicated accounting and systems staff. “We have been working with affordable housing lenders for years,” said Kriszen Williams, Director of Professional Services. “With the loan servicing platform, we can meet the highly specialized needs of our clients and other affordable housing lenders with complex and critically important lending programs.”

Topics: TCAM News