Mortgage Daily

Published On: January 23, 2016

Fay Servicing LLC, a Chicago-based mortgage services firm, will create 100 new jobs in Tampa, Florida, at its new Southeastern regional headquarters.

The company, which currently employs nearly 20 Floridians, also promised to invest more than $1 million in the community.

Founded in 2008, Fay Servicing currently has a national workforce of more than 500.

The new positions, which will pay average annual wages of $55,130, include mortgage loan servicing, lender-owned property management and other roles.

Ed Fay, chief executive officer of Fay Servicing, called Florida “the perfect location for our company as it prepares for another significant expansion. The workforce here in Tampa is exceptional in terms of the skills we require, and the area provides many advantages when it comes to recruiting talented individuals.”

The company will receive a tax incentive worth up to $300,000 if the promised jobs are created, with $60,000 borne by Hillsborough County and the balance from the state under Florida’s Qualified Target Industry, or QTI, tax refund program.

Crystal Sircy, executive vice president and chief operating officer of Enterprise Florida, said Fay’s announcement shows that Florida’s financial service sector is continuing to grow and attract national leaders.

Florida is home to more than 129,000 financial and professional services firms, economic development officials noted, with nearly one in four business and information services firms in Florida having a presence in Tampa Bay.

For information on available positions, go to www.fayservicing.com/careers.php.

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