Lakeview

What Lakeview does

Lakeview operates a correspondent lending platform that purchases closed residential mortgage loans from originating lenders for resale into the secondary market or retention in its own servicing portfolio. The business is conducted through two NMLS-licensed LLCs under the Bayview Companies umbrella: Lakeview Loan Servicing, LLC (Coral Gables, FL; NMLS #391521) handles Agency products—Fannie Mae/Freddie Mac, FHA, VA, USDA, and Housing Finance Agency affordable lending programs—while Silver Hill Capital, LLC (Horsham, PA; NMLS #2469; formerly Community Loan Servicing, LLC) handles Non-Agency and Jumbo products including DSCR (including Multi Property), Bank Statement, Jumbo AUS/Plus AUS, Jumbo ARMs, the MedPro medical professional program, HELOCs/closed-end seconds, Scratch & Dent, and Agency Investor Plus. Lakeview is stated to be the largest mortgage servicer in the U.S. as of 6/30/23 per eMBS data, has funded $54–$68 billion in HFA loans serving 250,000+ homebuyers since 2016, and maintains partnerships with state Housing Finance Agencies in Arizona, California, DC, Delaware, Florida, Georgia, Louisiana, Ohio, South Carolina, and Texas.

Distribution is hybrid: a 12-region national correspondent sales team provides enterprise coverage and HFA business development, supported by self-service technology—Delegated LoanDock for delegated correspondents, a Non-Delegated UW Portal with 2–3 day turn times on Non-Agency products, a Quick Qualifier eligibility tool, and integrated pricing engines (ICE, Optimal Blue, Polly) with product matrices hosted on AllRegs. Turn times run 3 days for Agency/Government/HFA initial review and 4–5 days for Non-Agency products. Privacy and compliance coverage includes NMLS licensing, Equal Housing Lender designation, and adherence to GLBA, CFIPA, and CCPA.

Revenue is generated through three mechanics: (1) correspondent loan acquisition with gain-on-sale economics on purchased closed loans, (2) ongoing mortgage servicing fees on the retained MSR portfolio (the largest U.S. book by eMBS measure), and (3) managed services revenue from HFA program administration spanning reservation through servicing plus TBA hedge advisory. The company operates as a private subsidiary of diversified parent Bayview Companies, has 501–1,000 employees, was founded in 1998, and continues to expand its Non-Agency product line (MedPro launch in June 2026) and HFA channel partnerships.

Name

Lakeview

Legal name

Lakeview Loan Servicing, LLC

Website

https://lakeviewcorrespondent.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Lakeview is a private correspondent mortgage lender and the largest U.S. mortgage servicer, purchasing closed residential loans from originating lenders and offering Agency, Non-Agency, and HFA affordable lending products through Lakeview Loan Servicing and Silver Hill Capital under Bayview Companies.

Ownership category

akta.pro rank

Product category

Residential Mortgage Lending

NAICS

Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Mini-Correspondent / Table Funding Programs (FSALACAC)

akta.pro secondary industries

Government-Insured/Guaranteed Loan Servicing (FHA/VA/USDA) (FSALAEAC), Government-Sponsored Enterprises (GSEs) & Government Mortgage Liquidity Providers (FSALAKAC)

Keywords

• Correspondent lending
• Residential mortgage services
• Loan servicing
• Mortgage liquidity solutions
• Affordable lending programs

Headquarters

HQ city

Horsham

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, Marketing or Sales, Infrastructure

Revenue model

1. Correspondent Loan Purchasing: Lakeview purchases closed residential mortgage loans from correspondent lenders who deliver loans through their portal. Revenue generated through loan acquisition and subsequent servicing or resale.
2. Mortgage Loan Servicing: As one of the largest servicers in the country, Lakeview services mortgage loans on behalf of investors. Revenue comes from servicing fees charged on managed loan portfolios.
3. HFA Program Administration: Program administration services for Housing Finance Agencies including loan reservation through servicing, TBA Hedge Advisory, and loan servicing for affordable housing programs.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Lakeview operates a correspondent lending platform that purchases closed residential mortgage loans from banks, credit unions, and independent mortgage bankers, providing mortgage liquidity solutions in the secondary market. The company offers Agency products (FNMA/FHLMC, FHA, VA, USDA, HFA/Affordable Lending) through Lakeview Loan Servicing, LLC and Non-Agency/Jumbo products (DSCR, Bank Statement, Jumbo AUS, MedPro, Agency Investor Plus, HELOCs, Scratch & Dent) through Silver Hill Capital, LLC. As one of the largest mortgage servicers in the U.S., Lakeview also services residential mortgage loans on behalf of investors and administers affordable housing programs through partnerships with state Housing Finance Agencies across ten states.

Product overview

Lakeview Correspondent is a correspondent lending platform offering a comprehensive portfolio of Agency and Non-Agency mortgage products through two operating entities: Lakeview Loan Servicing, LLC (NMLS #391521) handles Agency products (Fannie Mae, Freddie Mac, FHA, USDA, VA, and HFA/Affordable Lending programs), while Silver Hill Capital, LLC (NMLS #2469, formerly Community Loan Servicing) handles Non-Agency and Jumbo products (DSCR, Bank Statement, Jumbo AUS, MedPro, Agency Investor Plus, and various specialty products). The platform provides correspondent lending services including loan purchasing, liquidity solutions, and servicing for residential mortgage lenders nationwide. Key delivery mechanisms include the Delegated LoanDock Portal for loan registration/locking, Non-Delegated UW Portal for underwriting submissions, and Quick Qualifier for eligibility/pricing checks. Lakeview serves as one of the largest mortgage servicers in the U.S. with over $68 billion in funded HFA loans since 2016 and supports 12 state HFA programs (AZ, CA, DC, DE, FL, GA, LA, OH, SC, TX).

Differentiator

Problem solved

Functional benefit

Brands

• Lakeview: Agency mortgage products including FNMA/FHLMC, FHA, HFA/Affordable Lending, USDA, VA
• Silver Hill Capital
• Bayview

Products and services

• Agency Mortgage Products (FNMA/FHLMC, FHA, VA, USDA) Government-sponsored and federal mortgage products (Fannie Mae/Freddie Mac conventional, FHA, VA, USDA) offered to correspondent lenders for purchase and servicing through Lakeview Loan Servicing, LLC.

Quantifiable outcome

• Over $68 billion in funded HFA loans to over 250,000 homebuyers since 2016
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core.

• Arizona Housing Finance Agency (Home in 5)coreStrategic or Co-development PartnerArizona Home in 5 affordable lending program partnership providing down payment assistance and affordable mortgage options for Arizona homebuyers.
• California Housing Finance Agency (CalHFA)coreStrategic or Co-development PartnerCalifornia Housing Finance Agency partnership for affordable lending programs including down payment assistance and below-market rate mortgages for California homebuyers.
• DC Housing Finance AuthoritycoreStrategic or Co-development PartnerDC Housing Finance Authority partnership providing affordable lending solutions for DC area homebuyers.
• Delaware State Housing AuthoritycoreStrategic or Co-development PartnerDelaware State Housing Authority partnership for affordable housing programs in Delaware.
• Florida Housing Finance CorporationcoreStrategic or Co-development PartnerFlorida Housing Finance Corporation partnership providing affordable mortgage programs and down payment assistance for Florida homebuyers.
• Georgia Department of Community AffairscoreStrategic or Co-development PartnerGeorgia Department of Community Affairs partnership offering Georgia Dream mortgage products including down payment assistance for Georgia homebuyers.
• Louisiana Housing CorporationcoreStrategic or Co-development PartnerLouisiana Housing Corporation partnership providing affordable lending solutions for Louisiana homebuyers.
• Ohio Housing Finance Agency (OHFA)coreStrategic or Co-development PartnerOhio Housing Finance Agency partnership offering both purchase and refinance affordable lending programs for Ohio residents.
• South Carolina HousingcoreStrategic or Co-development PartnerSouth Carolina Housing partnership providing affordable mortgage programs for South Carolina homebuyers.
• Texas State Affordable Housing Corporation (TSAHC)coreStrategic or Co-development PartnerTexas State Affordable Housing Corporation partnership offering Homes for Texas Heroes and Homes with Amnest programs for Texas homebuyers including teachers, nurses, and military personnel.
• Bayview CompaniescoreOthersLakeview is a member of Bayview Companies, providing access to capital strength, diversified mortgage lending capabilities, and integrated Agency and Non-Agency product offerings. Bayview provides financial backing and operational infrastructure supporting Lakeview's correspondent lending operations.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Homepoint: Homepoint is a wholesale and correspondent mortgage lender serving similar bank, credit union, and independent mortgage banker clients, with comparable product offerings to Lakeview's correspondent channel.
• NewRez (New Residential Mortgage): NewRez is a major nonbank correspondent and wholesale mortgage lender and servicer with similar Agency and Non-QM product breadth, making it a directly comparable correspondent peer to Lakeview.
• Mr. Cooper Group: Mr. Cooper is the largest nonbank mortgage servicer in the U.S. and operates a sizable correspondent lending business, making it a directly comparable peer across both servicing scale and correspondent acquisition.
• United Wholesale Mortgage (UWM): UWM is the largest U.S. wholesale and correspondent mortgage lender, with deep relationships with independent mortgage brokers and lenders — directly competing with Lakeview for correspondent loan flow and product breadth.
• Caliber Home Loans: Caliber is a nonbank residential mortgage lender and servicer with a correspondent channel and non-QM product line, comparable to Lakeview across both Agency and Non-Agency correspondent acquisition.
• Planet Home Lending: Planet Home Lending is a nonbank correspondent and wholesale lender with a similar focus on community lending, HFA partnerships, and non-QM products, closely mirroring Lakeview's go-to-market approach.
• Pennymac Financial Services: Pennymac is one of the largest U.S. mortgage servicers and a major correspondent and wholesale acquirer of agency and non-agency loans, directly comparable to Lakeview across the correspondent, servicing, and product breadth dimensions.
• Rocket Pro TPO (Rocket Mortgage): Rocket Pro TPO is the broker and correspondent channel of Rocket Mortgage and a leading scaled acquirer of agency and non-QM loans, directly competing with Lakeview for correspondent volume.

Regional players

• Guild Mortgage: Guild Mortgage is a regional retail and wholesale mortgage lender with an affordable lending focus, partially overlapping with Lakeview's HFA and affordable lending product suite.

Broad incumbents

• loanDepot: loanDepot is a large national retail and wholesale mortgage lender with a servicing operation, comparable to Lakeview in offering Agency and Non-QM products across multiple channels at scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lakeview-correspondent-llc

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries1 record

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 Lakeview