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Marix Servicing and Freddie Mac

RudybyRudy
April 23, 2009
in Archive
Reading Time: 1 min read
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Company Release April 23, 2009

PHOENIX — Marix Servicing LLC (Marix) announced today the company has been given approval as a Servicer under Freddie Mac’s home mortgage (1-4 unit) program.

The approval signifies Marix ability to service investment quality loans utilizing Freddie Mac’s high quality control standards, staffing requirements and proper procedures.

“We are proud of the work that we do at Marix, assisting asset owners and their borrowers during these tough economic times. Freddie Mac’s confirmation further validates our efforts to be a superior mortgage servicer”, said Rick Smith, President and CEO of Marix.

Marix is a specialty default servicer located in Phoenix, AZ, which was formed by Marathon Asset Management, LLC (“Marathon”). Marathon is a global investment management firm with $10 billion in capital under management. Marathon has broad experience investing in and financing mortgage assets, and considerable history and experience investing in the financial services industry.

www.marixservicing.com

Contact: Rudy Orman (rorman@marathonfund.com)

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