Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower...
5 KB (604 words) - 13:59, 20 August 2024
Select Portfolio Servicing, Inc. (SPS) is a loan servicing company founded in 1989 as Fairbanks Capital Corp. with operations in Salt Lake City, Utah...
4 KB (436 words) - 04:15, 10 June 2024
Onity Group (redirect from Litton Loan Servicing)
provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors...
19 KB (1,945 words) - 15:00, 7 August 2024
California. The company's business focuses on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage...
11 KB (1,023 words) - 09:29, 15 August 2024
Family Education Loan Program. Following the program's abolition in 2010, MOHELA began to expand its presence in the student loan servicing industry. In 2011...
18 KB (1,719 words) - 22:19, 16 August 2024
Rithm Capital (redirect from Home Loan Servicing Solutions)
run New Residential. In February 2015, New Residential acquired Home Loan Servicing Solutions for $1.3 billion. In January 2017, Citigroup sold $97 billion...
14 KB (971 words) - 03:19, 16 March 2024
Sallie Mae (redirect from Student Loan Marketing Association)
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...
27 KB (2,447 words) - 07:55, 14 August 2024
Education's contractor, Higher Education Loan Authority of the State of Missouri (MOHELA), (formerly FedLoan Servicing), to determine whether an individual's...
19 KB (1,958 words) - 12:37, 4 July 2024
A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies...
36 KB (4,253 words) - 18:24, 11 September 2024
company also provides financial services such as asset management, wealth management, estate planning, loan servicing, and information processing. PNC...
47 KB (4,105 words) - 19:57, 20 August 2024
loan recipient. US student loan servicers include Navient, FedLoan Servicing (PHEAA), MOHELA, HESC/EdFinancial, Granite State - GSMR, OSLA Servicing,...
95 KB (10,228 words) - 17:27, 29 August 2024
mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized...
14 KB (2,059 words) - 01:35, 12 August 2024
Loan servicing, and Loan Closing Services. The role of Loan Production is to originate and fund new loans and to acquire already-funded loans through...
48 KB (5,282 words) - 21:04, 7 September 2024
maintenance loan servicing, the process by which a mortgage bank collects the timely payment of interest and principal from borrowers mortgage servicing, company...
570 bytes (108 words) - 06:21, 14 August 2018
servicing not only for mortgages they originate but for others where they have purchased the servicing rights. In July 2009, the mortgage servicing industry...
11 KB (1,186 words) - 19:49, 1 June 2024
The lead bank typically originates the loan, takes responsibility for the loan servicing of the participation loan, organizes and manages the participation...
3 KB (477 words) - 04:18, 17 June 2024
Ditech (redirect from Green Tree Servicing)
(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...
16 KB (1,437 words) - 22:19, 13 August 2024
Pennsylvania Higher Education Assistance Agency (redirect from FedLoan Servicing)
conducts its student loan servicing activities nationally as FedLoan Servicing and American Education Services (AES). FedLoan Servicing was established in...
9 KB (997 words) - 21:19, 23 July 2024
Maximus Inc. (category Business services companies of the United States)
Medicaid, Medicare, health care reform, welfare-to-work, and student loan servicing among other government programs. The company is based in Tysons, Virginia...
56 KB (5,175 words) - 19:28, 12 September 2024
Navient (category United States federal student loan servicers)
planned to cease servicing federal student loans. It initially asked to offload its responsibilities to another federal loan servicer, Maximus Inc. In...
27 KB (2,753 words) - 13:03, 12 June 2024
Nelnet (category United States federal student loan servicers)
conglomerate that primary focused on financial services including student and consumer loan origination and servicing. Additionally, the company operates an investing...
14 KB (1,345 words) - 02:14, 14 March 2024
Durban. Its services cover origination and credit approval through to registration and ongoing loan servicing.[citation needed] SA Home Loans is an independent...
3 KB (274 words) - 17:53, 14 November 2023
Great Lakes Higher Education Corporation (category United States federal student loan servicers)
Educational Loan Services, Inc.. The loan servicing operation is now a fully owned subsidiary of Nelnet, the combined company now servicing 42% of the...
6 KB (496 words) - 16:47, 22 April 2023
originating and/or servicing mortgage loans. In the United States, a mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers...
5 KB (603 words) - 09:37, 8 August 2023
business includes special servicing of non-performing loans (NPL) and primary servicing for commercial and residential mortgage loans portfolios including...
4 KB (387 words) - 12:27, 21 June 2021
Prosper Marketplace (section Loan performance)
category of the loan. Prosper handles the servicing of the loan and collects and distributes borrower payments and interest back to the loan investors. Prosper...
23 KB (2,639 words) - 15:21, 21 August 2024
In finance, a loan is the transfer of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is...
18 KB (2,048 words) - 02:44, 31 August 2024
Mr. Cooper (redirect from Mr. Cooper (service))
Mr. Cooper Group. It is one of the largest mortgage servicers in the United States with a servicing portfolio of approximately $937 billion and more than...
6 KB (463 words) - 02:21, 13 September 2024
their Loan Servicing center in Cleveland. CIT has since closed their student loan servicing organization and has transferred their Loans to be serviced by...
2 KB (220 words) - 05:03, 27 April 2024