Bank of America, acting as Ginnie Mae's master subservicer, has taken over servicing of the Taylor, Bean & Whitaker (TBW) portfolio.
The agency, in a message posted on its Web site, told consumers that any information related to workouts being performed by either Sparta Special Servicing or TBW will be transferred to Bank of America. Ginnie Mae also told borrowers to expect to receive a transfer confirmation letter from Bank of America.
SOURCE: Ginnie Mae