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  2. Select Portfolio Servicing - Wikipedia

    en.wikipedia.org/wiki/Select_Portfolio_Servicing

    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.

  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. Ditech - Wikipedia

    en.wikipedia.org/wiki/Ditech

    1995-2000. In 1995, John Paul Reddam founded DiTech Funding Corporation (DiTech) in Costa Mesa, California. [3] The company's name was derived from the phrase “direct technology.” [3][4] DiTech became one of the first lenders to offer mortgages to the public online and via a toll-free number. [3] In April 1995, Reddam began originating ...

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

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

    A mortgage loan servicer takes care of the loan's day-to-day administration until the borrower pays it off. Some lenders do their own mortgage servicing, but many aren’t large enough to deal ...

  6. Onity Group - Wikipedia

    en.wikipedia.org/wiki/Onity_Group

    Onity Group, formerly Ocwen, 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 and is headquartered in West Palm Beach, Florida, with additional ...

  7. US 30-year fixed-rate mortgage slips to lowest level since ...

    www.aol.com/news/us-30-fixed-rate-mortgage...

    The 30-year fixed-rate mortgage averaged 6.46% during the week ending Aug. 22, down from 6.49% in the prior week, mortgage finance agency Freddie Mac said on Thursday. A softening tone to incoming ...

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