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Select Portfolio Servicing is a mortgage servicing company that manages home loans and provides customer support.
FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet ...
Under the overhaul, five companies will take over student loan servicing. Four already hold contracts with the Education Department servicing student loans, while the fifth, Central Research, Inc ...
Around 44% of federal student loan borrowers who begin repayment in October have a new loan service provider.
Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower.
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, with additional offices in Mount Laurel, NJ ...
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