Draft:Celink

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Celink Corporation (branded as Compu-Link) is the debt servicing contractor of the United States Department of Housing and Urban Development (HUD) for secretary-held Home Equity Conversion Mortgages, or reverse mortgages.^[1]^[2] They took over in this capacity from the previous contractor, Novad Management Consulting,^[3] on 12 December 2022.^[4] A privately owned company founded in 1969, it is active in all 50 states,^[1] and is nation's leading subservicer of reverse mortgages.^[5] It is not, however, BBB accredited.^[6]

It is not associated with Compulink Cable Assemblies of Florida, a computer hardware firm which is a division of kSaria.^[7]

References

^ ^a ^b Branson, Michael G. (Jun 7, 2024). "What to Expect When Your Reverse Mortgage is Assigned to HUD". reverse.mortgage.
^ "Definitive Contract 86614925C00001". govtribe.com.
^ "CFPB Permanently Bans Former HECM Servicer | Inside Mortgage Finance". www.insidemortgagefinance.com.
^ Clow, Chris. "Celink takes over as HUD's HECM servicing contractor". housingwire.com.
^ "Celink Receives HUD Award for Contract to Service Home Equity Conversion Mortgages (HECM)". PR Newswire (Press release).
^ "Compu-Link Corporation | BBB Business Profile | Better Business Bureau". www.bbb.org.
^ "Contact us".

External links

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