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SitusAMC Advances Business Through Strategic Moves
SitusAMC, the leading provider of services and technology to the commercial and residential real estate finance industry, today announced a series of strategic business moves aimed at streamlining its focus while creating opportunities to advance its business through minority ownership and partnership structures.
SitusAMC Promotes Title Industry Sales Leaders
New York, NY – (February 17, 2022) – SitusAMC, the leading provider of innovative, trusted solutions supporting the entire lifecycle of real estate finance, announced today that Joe Salmons and Rob Dace have been promoted to Senior Vice President, Sales and Associate Vice President, Sales, respectively. Mr. Salmons and Mr. Dace are part of SitusAMC’s Title Production Solutions division (formerly String Real Estate Information Services), the largest title search provider in the country.
SitusAMC Named #1 CMBS and CLO Special Servicer for 2021 New Issuance
New York, NY – (February 16, 2022) – SitusAMC, the leading provider of innovative, trusted solutions supporting the entire lifecycle of real estate finance, added an incredible 107 special servicing assignments for more than $65B in UPB in 2021, comprised of 59 new issuance CMBS and CLO assignments representing more than $43B, and an additional 48 legacy transactions representing $22B that were transferred during the year. The 59 new issuance assignments led all other firms for the year..
SitusAMC Appoints Industry Veterans to Lead Residential Sales Teams
New York, NY – (February 07, 2022) – SitusAMC, the leading provider of innovative, trusted solutions supporting the entire lifecycle of real estate finance, announced today that Jeff Osheka has been appointed Director, Head of Residential Technology Sales, and Tom Costanzo has been named Managing Director, Head of Residential Services Sales.
Property Insurance Costs Poised to Rise from Climate Events – And Not Only on the Coasts
NEW YORK – Nov. 30, 2021 – Homeowners and residential real estate investors can expect property insurance rates to rise following the growing number of natural disasters nationwide, according to SitusAMC, the mortgage industry’s leading provider of innovative, trusted solutions supporting the entire lifecycle of commercial and residential real estate finance.
Securent, a SitusAMC Insurance Services Branch, Launches Comprehensive Risk Management and Insurance Programs
NEW YORK – Nov. 16, 2021 – Securent, a newly-formed provider of comprehensive risk management and insurance programs for mortgage and mortgage-backed securities (MBS) stakeholders, today announced the launch of its operations. A subsidiary of SitusAMC, Securent’s loan defect insurance protects primary and secondary mortgage participants against risk associated wit