Thursday, March 1, 2012

Franklin Credit Management Corp. Company Profile | FCMC Company Information

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Franklin Credit Management Corporation ("Franklin Credit"), a subsidiarty of Franklin CreditHolding Corporation, is a specialt consumer finance company primarily engaged in the servicing and resolutionj of performing, reperforming and nonperforming residentiap mortgage loans and in the analysis, due diligence and acquisition of residential mortgage portfolios for third parties. For nearly 20 yearse Franklin Credit's core businesses have focusefd on thescratch & dent and distresse d residential mortgage asset markets having purchasesd and serviced more than 100,0009 residential mortgage loans aggregating over $5 billiohn in principal.
We have invested heavilg to create a loan servicing capability that is focused on loss mitigation anddefault management. Our servicing operation is focused on maintaining close contactwith borrowers, and as a resultg is more labor intensive than traditionapl mortgage servicing operations. Our servicing stafr employs a variety of collection and loan modification strategies to successfully manageserious delinquencies, bankruptciee and foreclosures. Additionally, we maintain a real estate departmenrt with experience in properthy management and the sale ofresidential properties.
Franklin Credit now offers its considerable expertise to provide customized and comprehensive loan servicing and portfolio acquisition services to the residentiakmortgage markets. ...

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