AmeriNat Expands Hardest Hit Fund Emergency-Relief Services to Government Agencies
COVID prompts expansion to provide relief to those in need
LAS VEGAS, Aug. 5, 2020 /PRNewswire/ -- AmeriNat, an industry-leading servicer of affordable housing and economic development loans with over 45 years of experience, today announced the expansion of its Hardest Hit Fund emergency-relief services to government agencies in response to COVID impact.
AmeriNat Chairwoman and CEO Adrienne Thorson explained as the need for COVID-relief funding became apparent, AmeriNat stepped in quickly and worked with two state agencies to deliver emergency funding relief to homeowners and renters. "The key to successful deployment of relief programs is speed and accuracy," Thorson said. "The help must reach families suffering under the pandemic when the need is greatest. AmeriNat delivers on that while executing a sound, proven underwriting process."
Thorson added that during the 2008-2012 mortgage foreclosure crisis, AmeriNat provided services to multiple state agencies deploying funds of the Treasury-sponsored Hardest Hit Fund (HHF). "The HHF program targeted aid to families in states hit hard by the economic and housing market downturn, and AmeriNat underwrote multiple thousands of loans to get funds in the hands of impacted homeowners quickly."
Jerry O'Brien, CEO of O'Brien-Staley Partners, AmeriNat's parent company, added "AmeriNat's ability to redirect business expertise and pitch in to such an important project as pandemic relief is rewarding and fulfilling. AmeriNat's history in solving problems for government agencies is second to none."
About AmeriNat
AmeriNat is an industry leader in servicing loan portfolios owned or originated by government, quasi-government, financial institutions, private investors and non-profit entities nationwide. Founded in 1975, AmeriNat offers a broad range of services to its public and private sector clients including consulting, underwriting, compliance monitoring, servicing and asset management services. AmeriNat manages approximately $12 billion in loans and related deposits for over 300 clients, and is a registered/licensed loan servicer in 47 states, the District of Columbia and Puerto Rico in addition to being approved by HUD and Fannie Mae.
Contact: Adrienne Thorson, Chairwoman and CEO
(866) 779-5545
[email protected]
SOURCE AmeriNat
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