Correspondent ALERT – Subservicer Update for FHA and VA Programs

Effective for loans purchased on or after August 1, 2024, the subservicer is changing for all FHA and VA loans to “Arc Home LLC c/o LoanCare, LLC”.

 

The mortgagee clause and insurance loss payee for LoanCare is:

Arc Home LLC c/o LoanCare, LLC

ISAOA/ATIMA

P.O. Box 202049

Florence, SC 29502-2049

 

Important Notes

·         The Client’s Goodbye Letter and First Payment Letter must reflect the servicer information noted above.

·         The Arc Home Delegated Correspondent Client Reference Guide and Non-Delegated Correspondent Client Reference Guide subservicer details for these loan programs will be revised at a later date.