PROFILE
“Despite the loss of the company’s founder, Standen said the business has never been stronger, and added that he continuously injects his grandfather’s can-do attitude into Note Servicing Center’s mantra.”
Loans Are a Family Affair THOMAS STANDEN IV, NOTE SERVICING CENTER
W
By Charles Peckman, Originate Report hen
talking
based loan servicing company; the company started by his grandfather. “During the late 70s and early 80s interest rates were very high and real estate wasn’t moving,” Standen said. “My grandfather took his law enforcement background and learned the rules and regulations of loan
about
– after all, this name has been in
origination. He began originating
Thomas Standen, the
his family for generations. This
the loans for the seller carry-back
CEO of Note Servicing
distinction, however, carries over
transaction and noticed many clients
Center, it is important to add the
into his day-to-day responsibilities
said they didn’t know what they
Roman Numeral four after his name
as the chief of the California-
were doing.”
6 Originate Report | October 2019
