...First Republic Bank (FRB) is a California-chartered, FDIC-insured commercial bank and trust company founded in 1985. FRB specializes in providing personalized, relationship-based services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas of the U.S. The company's servicing operations are headquartered in San Francisco. As of March 31, 2015, FRB was servicing 45,073 residential mortgage loans totaling $32.9 billion, which included approximately 30,000 non-agency prime loans totaling $29.1 billion. FRB has been an active originator and servicer of high quality loans. The company's high touch servicing model is well integrated into FRB's overall residential lending strategy. Relationship managers (RMs) are involved in all aspects of residential mortgage origination and servicing. Fitch Ratings rates FRB `RPS2-'/Stable as a primary servicer of prime loans,...
