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Parent. Fairbanks Holding (1989-2004) SPS Holding Corp. (2004-2005) Credit Suisse First Boston (2005-2006) Credit Suisse (since 2006) Website. spservicing .com. Select Portfolio Servicing, Inc. (SPS) is a loan servicing company founded in 1989 as Fairbanks Capital Corp. with operations in Salt Lake City, Utah and Jacksonville, Florida .
Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...
The Space Launch System ( SLS) is an American super heavy-lift expendable launch vehicle used by NASA. As the primary launch vehicle of the Artemis Moon landing program, SLS is designed to launch the crewed Orion spacecraft on a trans-lunar trajectory. The first SLS launch was the uncrewed Artemis 1, which took place on 16 November 2022.
Ocwen Financial Corporation is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as " debt collectors, collecting monthly principal and interest from homeowners". Ocwen was founded in 1988 by William Erbey and is headquartered in West Palm Beach, Florida ...
Mortgage banker: A mortgage banker works directly for the lender funding your mortgage. They can serve as the point of contact between you and the institution, collecting your financial ...
When you buy a home with a mortgage, that mortgage is the first or primary lien on the property. A second mortgage is an additional lien tied to your home. In the case of down payment assistance ...
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