What SN Servicing Corporation does

SN Servicing Corporation (SNSC) is a private, nationwide mortgage loan servicer founded in 1987 and headquartered in Baton Rouge, Louisiana, with a secondary office in Eureka, California. The company specializes in servicing re-performing seriously delinquent loans, including government-insured HUD/FHA, USDA, and VA programs, for institutional loan investors, asset owners, and note holders. SNSC is a subsidiary of Security National Master Holding Company, LLC, and operates alongside affiliated entities including SN Trading, LLC (loan trading/secondary market services) and a partnership with AMVAL Insurance Solutions (insurance marketplace). The firm employs 501-1,000 staff averaging more than 9 years of tenure and has serviced more than $10 billion in assets and 280,000 loans for over 175 clients cumulatively since inception.

The company operates a B2B servicing platform with two primary technology interfaces: a borrower-facing online portal (borrower.snsc.com) for loan management, payments, and servicer communication, and a SecureShare investor portal (SecureShare.snsc.com) providing investors with statements, reports, and transaction data. The platform supports loss mitigation, foreclosure avoidance, bankruptcy processing, hazard insurance tracking, escrow administration, and MERS registration functions, with specialized coverage for FNMA, FHA, GNMA, HUD, and VA loan programs. SNSC holds NMLS licenses (#5985 main, #9785 branch) authorizing servicing activity in all 50 states and operates under GLBA and CCPA compliance frameworks.

The revenue model is managed-services based, generating loan servicing fees from institutional investors in exchange for portfolio servicing, loan boarding, payment processing, escrow administration, and loss mitigation services. Borrower-facing services are delivered as part of the servicing mandate rather than as direct revenue. Pricing follows a servicing fee schedule (referenced at ServicingFeeSchedule.aspx) with monthly billing cadence, and the firm uses direct field servicing, inside sales via a national call center, and self-serve portal channels for distribution. Marketing and client acquisition is conducted through the corporate website, portals, phone-based customer service, and direct investor relationships, with no public revenue or ARR figures disclosed.

Name

SN Servicing Corporation

Legal name

SN Servicing Corporation

Website

https://snsc.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

501–1,000 employees

Short description

SN Servicing Corporation is a private nationwide mortgage servicer specializing in re-performing delinquent HUD/FHA, USDA, and VA loans for institutional investors. Operating since 1987 under NMLS licensing in all 50 states, it has serviced $10B+ in assets and 280,000 loans for 175+ clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Eureka

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Loan Servicing Fees: Revenue generated from servicing mortgage loans on behalf of investors and asset owners. The company executes loss mitigation and workout strategies to re-perform delinquent loans while creating value for clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

SN Servicing Corporation (SNSC) provides mortgage loan servicing solutions for owners of loans and real estate, specializing in re-performing seriously delinquent loans including HUD/FHA, USDA, and VA loans. The company executes personalized loss mitigation and workout strategies that allow borrowers to keep their homes while delivering fair risk-adjusted returns to investors and note holders. Services are delivered nationwide across all 50 states via dedicated borrower and investor online portals, phone-based customer service, and direct servicing operations.

Product overview

SN Servicing Corporation operates a unified mortgage loan servicing platform that encompasses a borrower-facing web portal and an investor-facing secure portal, supported by specialized servicing capabilities for re-performing delinquent loans. The company offers its core servicing solutions nationwide, covering HUD/FHA, USDA, and VA loan programs, with loss mitigation and foreclosure avoidance as primary workout strategies. AMVAL Insurance Solutions is integrated as a partner service within the borrower portal, providing insurance comparison capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Mortgage Loan Servicing Solutions Core servicing platform specializing in re-performing seriously delinquent loans, including HUD/FHA, USDA, and VA loans. Provides loss mitigation, foreclosure avoidance, and workout strategies for borrowers while delivering risk-adjusted returns for investors and asset owners across all 50 states.
• SN Servicing Borrower Portal Web-based portal enabling borrowers to log in, view loan information, make payments, access account statements, request loss mitigation assistance, and communicate with the servicer. Supports registration for new users and password recovery for existing users.
• SNSC Secure Share Investor Portal Secure web portal for investors to access account information, statements, reports, payment histories, and transaction data related to their mortgage loan investments and serviced portfolios.

Quantifiable outcome

• $10 billion in assets serviced since 1987
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Security National Master Holding CompanycoreOthersParent holding company entity. SN Servicing Corporation is part of the Security National corporate family, operating under the SN corporate identity alongside related entities.
• SN Trading, LLCcoreOthersRelated entity for buying and selling loans. Provides integrated loan trading services complementary to SNSC's servicing operations. Website: sn-tradingllc.com
• AMVAL Insurance SolutionsminorGTM or Marketing PartnerInsurance partner providing auto and home insurance comparison services accessible through SN Servicing website. Referenced as 'Smarter Insurance Coverage' option for borrowers.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Seterus: Mortgage subservicer providing servicing for performing and non-performing residential loans including government-insured FHA/VA/USDA portfolios. Direct niche competitor.
• LoanCare: Major US subservicer providing mortgage servicing solutions to banks and investors across conforming, government, and non-performing loan portfolios. Competes directly for the same investor mandates and re-performing loan servicing deals.
• Ocwen Financial: Specialized mortgage servicer with focus on non-performing and re-performing residential loans. Closely comparable to SNSC in niche servicing of distressed loans and HUD/FHA/VA programs.
• Mr. Cooper: Largest US mortgage servicer, servicing over $1 trillion in loans. Directly comparable as a third-party subservicer and special servicer for delinquent and re-performing loans, with similar investor and borrower portal capabilities.
• Dovenmuehle Mortgage: Third-party mortgage subservicer serving banks, credit unions, and mortgage investors with default servicing expertise. Comparable business model focused on investor relationships and loss mitigation.
• Specialized Loan Servicing (SLS): Specialized residential mortgage subservicer with focus on non-performing, re-performing, and modified loans. Direct niche competitor serving similar investor clients in distressed loan servicing.
• PHH Mortgage: Subservicer operating under PHH Mortgage, providing third-party servicing for residential and government-insured loans including FHA/VA portfolios. Direct competitor in the subservicing and re-performing loan space.
• Shellpoint Mortgage Servicing: Subservicer specializing in residential mortgage servicing including special servicing for delinquent and re-performing loans. Owned by NewRez; direct competitor for investor servicing mandates.
• Cenlar FSB: One of the largest mortgage subservicers in the US, servicing loans for banks, credit unions, and institutional investors. Comparable business model as a third-party servicer serving both retail and government-insured loans.

Broad incumbents

• Rocket Mortgage (subservicing): Largest US mortgage originator that also provides subservicing for institutional clients. Competes in the broader servicing market with significant capital and technology investment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/snsc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SN Servicing Corporation