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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. 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.

  4. Sallie Mae - Wikipedia

    en.wikipedia.org/wiki/Sallie_Mae

    The company now offers private education loans and manages more than $12.97 billion in assets. On April 30, 2014, Sallie Mae spun off its loan servicing operation and most of its loan portfolio into a separate, publicly traded entity called Navient Corporation. Navient is the largest servicer of federal student loans and acts as a collector on ...

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

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

    If you want to avoid mortgage servicing companies, you can choose to deal only with self-servicing lenders when applying for a mortgage. If you encounter problems with your servicer, make a note ...

  6. US bans Navient from servicing federal student loans - AOL

    www.aol.com/us-bans-navient-servicing-federal...

    Andrew Kelly/Reuters. A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million. The agreement settles a ...

  7. FedLoan is no longer handling federal student loans: Here’s ...

    www.aol.com/finance/fedloan-no-longer-handling...

    FedLoan Servicing, one of the nation’s largest federal student loan servicers, ended its contract with the Department of Education in 2021. As a result, millions of student loan borrowers were ...

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