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Two Get Ratings For Second Liens.
NEW YORK -- Moody's Investors Service has recently issued second-lien servicer ratings to two mortgage servicers, Select Portfolio Services and National City.
Moody's assigned an "SQ2-" rating to Select Portfolio Servicing as a primary servicer of second-lien loans. Moody's said the rating reflects average collection abilities, above-average loss mitigation results and above-average servicing stability.
SPS, a subsidiary of Credit Suisse (USA) Inc., is integrating SPS into its residential mortgage-backed securities business. SPS also services loans for third parties.
SPS, based in Salt Lake City, also has significant offices in Jacksonville, Fla. SPS services approximately $26 billion in residential mortgage loans.
Separately, Moody's assigned National City Commercial and Consumer Loan Services an "SQ+" ...
- BRIEF: Lenders to meet in Tucson with troubled homeowners.
- News wire article from: The America's Intelligence Wire October 20, 2008 700+ words
...Information: 1-888-995-4673 or www.hopenow.com. PARTICIPATING LENDERS American Home Mortgage Bank of America Chase Countrywide EMC Mortgage GMAC / Homecomings IndyMac Bank National City Select Portfolio Wilshire Wells Fargo
- BRIEF: Lender event aims to help people stay in their homes.
- News wire article from: The America's Intelligence Wire October 21, 2008 700+ words
...Chase --Countrywide Financial --EMC Mortgage Corp. --GMAC / Homecomings --IndyMac Federal Bank --National City --Select Portfolio Servicing Inc. --Wilshire --Wells Fargo More online For a list of other mortgage help resources...
- Event aims to help homeowners.
- News wire article from: The America's Intelligence Wire October 21, 2008 700+ words
...Chase --Countrywide Financial --EMC Mortgage Corp. --GMAC / Homecomings --IndyMac Federal Bank --National City --Select Portfolio Servicing Inc. --Wilshire --Wells Fargo More online For a list of other mortgage help resources...
- Fairbanks Capital Changes to Select Portfolio Servicing, Inc.
- Press release article from: PR Newswire July 1, 2004 700+ words
...has officially changed its name to Select Portfolio Servicing, Inc. "In the past year...Matt Hollingsworth, president of Select Portfolio Servicing, Inc. "As a company...said James H. Ozanne, CEO of Select Portfolio Servicing, Inc. "We are proud of...
- Select Portfolio Servicing Renews and Expands Its Credit Facilities.
- Press release article from: PR Newswire October 1, 2004 700+ words
...SALT LAKE CITY, Oct. 1 /PRNewswire/ -- Select Portfolio Servicing, Inc. announced today that the...rights and growing the portfolio." About Select Portfolio Servicing Select Portfolio Servicing is a leading nonprime residential...
- Select Portfolio Servicing Names Matt Hollingsworth Chief Executive Officer.
- Press release article from: PR Newswire September 10, 2004 700+ words
...LAKE CITY, Sept. 10 /PRNewswire/ -- Select Portfolio Servicing, Inc. (SPS) announced today...Company Operations of NationsBank. About Select Portfolio Servicing Select Portfolio Servicing is a leading nonprime residential...
- New Name Caps Fresh Start for Fairbanks.(Select Portfolio Servicing)
- Magazine article from: Mortgage Servicing News Cornwell, Ted August 2, 2004 700+ words
...Capital Corp. has chosen a new name: Select Portfolio Servicing. The name change may be...nonprime residential loan market. And Select Portfolio Servicing CEO James Ozanne told MSN...customer service areas." Instead, Select Portfolio Servicing attempts to answer every...
- Select Portfolio Servicing to Be Acquired by Credit Suisse First Boston.
- Press release article from: Business Wire August 12, 2005 700+ words
SALT LAKE CITY -- Select Portfolio Servicing Inc. (SPS) announced today that Credit...scheduled to close in the fourth quarter of 2005. About Select Portfolio Servicing Select Portfolio Servicing is a leading non-prime residential mortgage...
- Select Portfolio Servicing Releases Public DataMart System.
- Press release article from: Business Wire June 16, 2005 700+ words
SALT LAKE CITY -- Select Portfolio Servicing, Inc. (SPS) announced today the release...in text file format, with a 30 day delay. About Select Portfolio Servicing Select Portfolio Servicing is a leading nonprime residential mortgage...
- AMERICAN SELECT PORTFOLIO OFFERS 13,500,000 SHARES AT $15 PER SHARE
- Press release article from: PR Newswire September 14, 1993 700+ words
...shares of common stock of American Select Portfolio Inc. (NYSE: SLA), a registered...complete information about American Select Portfolio, including all charges and expenses...Management/ (SLA) CO: American Select Portfolio Inc.; Piper Capital Management Incorporated...
Source: HighBeam Research, Two Get Ratings For Second Liens.