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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. 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 ...

4. 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 ...

5. Mortgage lenders vs. banks: Which is best for you? - AOL

   www.aol.com/finance/mortgage-lenders-vs-banks...

   “The use of a specialized lender is a good idea when the homebuyer has atypical loan issues that would make approval for a mortgage loan more challenging,” says David Reischer, a real estate ...

6. 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 .

7. 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 ...