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2. Mortgage lender vs. servicer: What’s the difference? - AOL

   www.aol.com/finance/mortgage-lender-vs-servicer...

   Key takeaways. Mortgage lenders fund a home loan, while mortgage servicers handle the ongoing administration of the loan after funding, including repayment and loss mitigation, or payment relief ...

3. Loan servicing - Wikipedia

   en.wikipedia.org/wiki/Loan_servicing

   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 ...

4. Select Portfolio Servicing - Wikipedia

   en.wikipedia.org/wiki/Select_Portfolio_Servicing

   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 .

5. Ocwen - Wikipedia

   en.wikipedia.org/wiki/Ocwen

   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 ...

6. Mortgage bankers: Who they are and what they do in home lending

   www.aol.com/finance/mortgage-bankers-home...

   A mortgage banker is a person or entity that originates, or initiates, home loans, and typically provides the funding for them. The home loan banker could be an individual or a large company, but ...

7. Mortgage accelerator loan: What is it and how does it work? - AOL

   www.aol.com/finance/mortgage-accelerator-loan...

   Key takeaways. A mortgage accelerator loan can help you pay off your mortgage ahead of schedule, often through a line of credit or a biweekly payment setup. This type of loan might charge an ...