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Citi Overhauls Mortgage Management Team - Prior mortgage chief on job less than 1 ...
Loan Services and Select Portfolio Servicing. "David will drive business strategy, operations and financial planning across Citi's newly combined business," the statement said. "
www.mortgagedaily.com/stories/Citi-Mortgage-Executives-040218.asp
 
Nearly $300 Million in Freddie Mac Loans Sold - Loans are re-performing or...
Select Portfolio Servicing Inc., is 101 percent based on broker price opinions. "The collateral is comprised of fixed- and step-rate modified seasoned loans," Freddie stated in a
www.mortgagedaily.com/stories/LoanSale062017.asp
 
Freedom Mortgage Has Biggest Jump in Complaints - Average monthly mortgage...
Financial LLC's 155; Select Portfolio Servicing Inc.'s 100; Citibank, N.A.'s , 93; Seterus Inc.'s 92; and U.S Bancorp's 66. Freedom Mortgage had an average of 28 monthly mortgage
www.mortgagedaily.com/stories/ComplaintDatabase042716.asp
 
Nonprime Mortgage Securitization Completes - Deal includes over $150 million in...
Select Portfolio Servicing Inc. is servicing the loans, and the trustee is U.S. Bank, N.A. Katten Muchin Rosenman LLP served as Angel Oak Capital's legal counsel. Angel Oak news
www.mortgagedaily.com/stories/SecuritizationNonprime121715.asp
 
Mortgage Lenders Defend Non-Compliance Claims - Recent activity in mortgage...
America, N.A., and Select Portfolio Servicing, Inc., Defendant. Case: 2:14CV12506, April 22, 2015 (United States District Court, E.D. Michigan, Southern Division) Jean Pierre
www.mortgagedaily.com/stories/LitigationCompliance050515.asp
 
Maintaining Mortgage Servicing Compliance - Conference highlights best practices |...
It's used its UDAAP authority." Jason Miller, general counsel for Select Portfolio Servicing Inc., and Justin Bradley, corporate counsel for Resurgent Capital Services LP , led
www.mortgagedaily.com/stories/ServicingCompliance070714.asp
 
BofA Has Biggest Drop in Complaints - Mortgage industry complaints fall 26% from...
Complaints against Select Portfolio Servicing Inc. soared 71 percent to 292. A 67 increase in complaints left Green Tree Servicing LLC 's total at 546 for the first quarter of
www.mortgagedaily.com/stories/Complaints041514.asp
 
Active HAMP Book Expands - Permanent modifications increase 5,108 in February...
February was made by Select Portfolio Servicing Inc., where active permanent modifications increased by 2,295 to 38,694. No. 2 Ocwen Loan Servicing LLC finished February with 185,
www.mortgagedaily.com/stories/HampPerformance040414.asp
 
Chase Transferring Servicing on Distressed Loans - Ongoing transfers proposed...
Future transfers would take place monthly. Taking over the sub-servicing would be Select Portfolio Servicing Inc. Moody's Investors Service has reviewed the proposed transfer and
www.mortgagedaily.com/Stories/ServicingTransfer031914.asp
 
Select Portfolio Leads Increase in HAMP Activity - 933,900 active permanent...
Select Portfolio Servicing Inc. The Obama administration reported that 933,900 active permanent modifications completed through the Home Affordable Modification Program were in
www.mortgagedaily.com/stories/HampPerformance030714.asp
 
HAMP Gains Moderate - Active permanent modification increase 4,725 in December...
Select Portfolio Servicing Inc. pushed active HAMPs up 254 to 31,984 as of Dec. 31, 2013. CitiMortgage Inc. finished 2013 with 49,378 active permanent modifications, 189 more than
www.mortgagedaily.com/HampPerformance020714.asp
 
HAMP Growth Turns Lower - 922,067 active permanent modifications as of November | ...
Next was Select Portfolio Servicing Inc. where the number of active HAMPs rose by 348 to 31,730. JPMorgan Chase Bank, N.A., ended November with 145,822 active modifications, up
www.mortgagedaily.com/HampPerformance011014.asp
 
BofA Unloads MSRs - 31,000 subprime loans involved | Dec. 18, 2013 | Mortgage...
The unpaid principal balance of the loans was $5.5 billion as of May 31. The buyer of the MSRs, Select Portfolio Servicing Inc., was already sub-servicing the loans. Fitch Ratings
www.mortgagedaily.com/MsrSaleSps121813.asp
 
Pace of HAMP Growth Accelerates - Active permanent HAMPs up 7,918 in October...
After that was Select Portfolio Servicing Inc., where the total was up by 1,253 to 31,382. No. 4 was Bank of America, N.A., which had an increase of 983 to 77,869. Nationstar
www.mortgagedaily.com/HampPerformance120913.asp
 
HAMP Gains Tumble - Active permanent modifications up 3,557 in September | Nov...
Select Portfolio Servicing Inc. had a gain of 353 active permanent modifications, pushing its total to 30,129. OneWest 's book of active permanent HAMPs ended September at 21,743
www.mortgagedaily.com/HampPerformance111113.asp
 
Biggest HAMP Increase in More than a Year - Active HAMPs up 12,766 in August...
BofA, however, sank by 10,370 active HAMPs to 82,512. A gain of 1,789 at Select Portfolio Servicing Inc. left its active permanent modifications at 29,776 as of Aug. 31. At 133,
www.mortgagedaily.com/HampPerformance101413.asp
 
HAMP Growth Slows - 892,897 active permanent modifications as of July | Sept. 16, ...
That put its total at 51,843 active HAMPs. No. 5 was Select Portfolio Servicing Inc., where the 211 gain in July was smaller than the prior month's 1,218 increase. Select had 27,
www.mortgagedaily.com/HampPerformance091613.asp
 
HAMP Gain Increases - 888,043 active loan modifications in June | Aug. 9, 2013...
No. 3 Select Portfolio Servicing increased its active modifications by 1,218 to 27,776. The gain at JPMorgan Chase Bank, N.A., was 736, and OneWest Bank had a 193 gain. Bank of
www.mortgagedaily.com/HampPerformance080913.asp
 
HAMP Players Shuffled - 878,753 active permanent HAMPs as of May | July 15, 2013 |...
May with 148,493 active permanent modifications. After that was a 640 gain at Select Portfolio Servicing and an increase of 81 at CitiMortgage Inc . Reflecting the sale to
www.mortgagedaily.com/HampPerformance071513.asp
 
Servicer Rating Downgraded at Select Portfolio - Action reflects deteriorating...
Select Portfolio Servicing Inc.'s servicer rating. The downgrade impacts the Salt Lake City-based firm's rating as a primary servicer of subprime residential mortgages as well as
www.mortgagedaily.com/SpsRating062813.asp
 
HAMPs Keep Going - 870,038 active modifications in April | June 7, 2013...
Select Portfolio Servicing at 25,918. No. 5 CitiMortgage Inc. was up 272 active HAMPs form March to 52,946 as of April 30.. Bank of America, N.A., had a HAMP setback, with active
www.mortgagedaily.com/HampPerformance060713.asp
 
HAMP Activity Ticks Up - 856,154 active permanent modifications in January...
America, N.A.'s, 82. Both Select Portfolio Servicing and GMAC Mortgage LLC moved backwards and saw a decline in the number of total active modifications. During the fourth-quarter
www.mortgagedaily.com/HampPerformance030813.asp
 
HAMP Activity Continues - Active modifications up 5,635 in December | Feb. 8...
Select Portfolio Servicing saw a gain of 288. The number of active HAMPs at Bank of America, N.A., has fallen each month since August 2012 and now stands at 118.446. next story
www.mortgagedaily.com/HampPerformance020813.asp
 
MERS Touts Huge Wave of Favorable Rulings  - Recent litigation involving...
O'Banion v. Select Portfolio Services, Inc. Oct. 9 1:09-cv-00249-EJL-CWD U.S. District Court for the District of Idaho Cutts v. Green Tree Servicing, LLC Oct. 24 CV-2012-4495
www.mortgagedaily.com/LitigationTitleMers123012.asp
 
Lenders Battle Over Loan Titles - Recent litigation involving challenges to...
Trustee, and DLJ MORTGAGE CAPITAL, INC., through its servicing agent, SELECT PORTFOLIO SERVICING, INC., Appellants. Case No. 66761-1-I, decision filed on Oct. 29, 2012 (Court of
www.mortgagedaily.com/LitigationTitle123012.asp
 

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