Mortgage servicer managing payments, escrow, and distressed borrower support
Fay Servicing operates a mid-market mortgage servicing platform built on Encompass, Salesforce, and Microsoft infrastructure (Azure, Power Platform, Cognos Analytics). Active hiring across operations and finance—alongside projects in manual process modernization, multi-channel contact centers, and servicing transfer planning—suggests the company is scaling operational capacity while modernizing legacy workflows. Core pain points (loan quality, regulatory compliance, custodial reconciliation) align with a business handling both borrower-facing support and investor portfolio reporting.
Fay Servicing is a privately held mortgage servicer founded in 2008, based in Chicago, serving borrowers and institutional investors. The company provides escrow management, payment processing, loss mitigation, and investor reporting across residential mortgage portfolios. Operations span both customer-facing functions (borrower support, self-service tools, collections) and backend services (custodial accounting, compliance, portfolio management). The 501–1,000 employee base is concentrated in operations and finance, reflecting the labor-intensive nature of mortgage servicing and regulatory oversight.
Fay Servicing uses Encompass (Ellie Mae) as its core servicing system, with Salesforce for client relationship management, Cognos Analytics and Tableau for reporting, and Azure plus AWS PrivateLink for cloud infrastructure and data security.
Active projects include manual process modernization, multi-channel contact center deployment, servicing transfer planning, digital borrower engagement, and system integrations—reflecting a shift from legacy workflows to digital-first operations.
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