Dovenmuehle Mortgage reports it has signed a subservicing deal with SESLOC Credit Union, a not-for-profit financial cooperative serving central and coastal California communities.
Dovenmuehle will subservice SESLOC’s mortgage loan portfolio, supporting the credit union’s expansion into government-sponsored enterprise (GSE) lending and servicing.
With Dovenmuehle as its subservicer, SESLOC will be able to scale its mortgage operations efficiently while preserving superior member service.
“Partnering with a subservicer was the most efficient way for us to become a GSE seller/servicer while continuing to prioritize the member experience,” says Barbara Hugie, vice president of mortgage operations at SESLOC Credit Union, in a release. “Dovenmuehle’s agility and deep expertise made the technical transition seamless and helped our members navigate a new servicing environment from day one.”
“By leveraging our integrated servicing platform, SESLOC can deliver a seamless digital experience to its members while meeting the rigorous oversight standards of the GSEs,” adds Matt Budy, senior vice president at Dovenmuehle Mortgage. “Our team acts as an extension of the credit union, managing the operational heavy lifting so SESLOC can stay focused on building relationships and supporting its community.”
