Overview
Home Loan Servicing Solutions is looking to get a grip on subprime mortgage services. The company, founded in late 2010 by Ocwen Financial's chairman William Erbey, plans to purchase the rights to a large portion of Ocwen's HomEq Mortgage Servicing portfolio. The portfolio comprises mortgage servicing rights to subprime and Alt-A mortgages (Alt-A mortgages are less risky than subprime mortgages but riskier than prime loans). Mortgage servicing
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Read More activity includes, among other things, tracking late payments and resolving delinquent loans. In an effort to raise funds for its acquisition efforts, Home Loan Servicing went public in 2012; however, it delisted from NASDAQ in 2015.
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Read More activity includes, among other things, tracking late payments and resolving delinquent loans. In an effort to raise funds for its acquisition efforts, Home Loan Servicing went public in 2012; however, it delisted from NASDAQ in 2015.
Read Less
James Lauder
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Nondepository Credit Intermediation
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Credit Intermediation and Related Activities
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Finance and Insurance
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Mortgage bankers
Activities Related to Credit Intermediation
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Agencies, Brokerages, and Other Insurance Related Activities
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Depository Credit Intermediation
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Insurance Carriers
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Insurance and Employee Benefit Funds
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Monetary Authorities-Central Bank
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Other Financial Investment Activities
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Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
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View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
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2002 Summit Blvd 6TH FL Atlanta, GA, 30319-1560 United States
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