Selene Finance is a well-known financial services company that specializes in mortgage servicing and loan portfolio management. However, when it comes to determining who actually owns Selene Finance, things can get a bit complicated. The company was originally founded in 2007 by Philip Daubenspeck, who served as CEO until 2019. In 2014, Selene Finance was acquired by New Residential Investment Corp, which is a publicly traded real estate investment trust (REIT) focused on residential mortgage investments. New Residential Investment Corp purchased Selene Finance as part of its strategy to expand its mortgage servicing capabilities and enhance its asset management platform. Since then, Selene Finance has operated as a subsidiary of New Residential Investment Corp.
FAQs:
1. Is Selene Finance a standalone company?
No, Selene Finance is a subsidiary of New Residential Investment Corp, a publicly traded real estate investment trust.
2. Who founded Selene Finance?
Philip Daubenspeck founded Selene Finance in 2007 and served as the CEO until 2019.
3. When was Selene Finance acquired by New Residential Investment Corp?
Selene Finance was acquired by New Residential Investment Corp in 2014.
4. What is the main focus of Selene Finance?
Selene Finance specializes in mortgage servicing and loan portfolio management.
5. Why did New Residential Investment Corp acquire Selene Finance?
New Residential Investment Corp acquired Selene Finance to expand its mortgage servicing capabilities and enhance its asset management platform.
6. Is Selene Finance a publicly traded company?
No, Selene Finance is not a publicly traded company. It operates as a subsidiary of New Residential Investment Corp.
7. Who currently owns Selene Finance?
Selene Finance is owned by New Residential Investment Corp, which is a publicly traded real estate investment trust.
8. How has Selene Finance grown since being acquired by New Residential Investment Corp?
Since being acquired by New Residential Investment Corp, Selene Finance has been able to leverage the resources and expertise of its parent company to grow its mortgage servicing business.
9. What sets Selene Finance apart from other mortgage servicing companies?
Selene Finance is known for its personalized approach to customer service and its commitment to helping homeowners navigate the complexities of mortgage management.
10. What is the future outlook for Selene Finance under New Residential Investment Corp?
Under the ownership of New Residential Investment Corp, Selene Finance is well-positioned to continue its growth and expand its presence in the mortgage servicing industry.
11. Are there any recent developments or changes at Selene Finance?
There have been no recent reports of significant changes or developments at Selene Finance.
12. How can I contact Selene Finance for more information?
You can visit the Selene Finance website or contact their customer service team for more information about their services and offerings.