Wholesale ALERT – Subservicer Update for FNMA/FHLMC Second Home & Investment Property Programs

Effective for loans with closing documents dated on or after February 17, 2023, the subservicer is changing for all Arc Home FNMA/FHLMC 30 YR Fixed Second Home and FNMA/FHLMC 30 YR Fixed Investment transactions to “LoanCare, LLC”.

The mortgagee clause and insurance loss payee for LoanCare is:

LoanCare, LLC

ISAOA/ATIMA

P.O. Box 202049

Florence, SC 29502-2049

Important Notes

·         The Arc Home systems are being updated accordingly to reflect this change.

·         Refer to the Arc Home Wholesale Important Information for the applicable subservicer details, as determined by loan program.