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  2. Onity Group - Wikipedia

    en.wikipedia.org/wiki/Onity_Group

    Onity Group, formerly Ocwen, 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 and is headquartered in West Palm Beach, Florida, with additional ...

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

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

    A mortgage loan servicer takes care of the loan's day-to-day administration until the borrower pays it off. Some lenders do their own mortgage servicing, but many aren’t large enough to deal ...

  5. 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 ...

  6. 8 ways to spot personal loan scams and protect your finances

    www.aol.com/finance/8-ways-spot-personal-loan...

    4. Unsolicited loan offers. Another good way to spot a scam is if it comes as an unsolicited offer, usually over email, text message or social media. A telephone offer is an immediate red flag. It ...

  7. 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 ...

  8. Navient banned from federal student loan servicing - AOL

    www.aol.com/navient-banned-federal-student-loan...

    Globe Newswire/AP. Navient is barred from federal student loan servicing and has to pay $120 million in fines and compensation to the borrowers harmed by its practices, according to a proposed ...

  9. Predatory mortgage servicing - Wikipedia

    en.wikipedia.org/wiki/Predatory_mortgage_servicing

    Predatory mortgage servicing is abusive, unfair, deceptive, or fraudulent mortgage servicing practices of some mortgage servicers during the mortgage servicing process. There is no legal definition in the United States for predatory mortgage servicing. However, the term is widely used [1] and accepted by state and federal regulatory agencies [2 ...

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