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  2. 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 ...

  3. 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 ...

  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. Ditech - Wikipedia

    en.wikipedia.org/wiki/Ditech

    Ditech Financial LLC (rebranded from “ditech Mortgage” and "Green Tree Servicing" in 2015) was a provider of home loan, loan servicing and refinance products to consumers and institutional partners in the U.S.

  6. Mortgage Servicing Rights (MSR) - AOL

    www.aol.com/finance/mortgage-servicing-rights...

    Mortgage servicing rights (MSR) allow a third party to perform the day-to-day mortgage servicing duties in exchange for a flat fee, paid by the loan originator. This can and often does happen ...

  7. The 5 biggest mortgage servicing traps - AOL

    www.aol.com/news/2009-11-21-the-5-biggest...

    Take EMC Mortgage Corp., a mortgage servicing company operated by JP Morgan Chase, which late last year was ordered by the FTC to pay $28 million to settle charges related to unlawful practices in ...

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