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  2. Bank of America Home Loans - Wikipedia

    en.wikipedia.org/wiki/Bank_of_America_Home_Loans

    Bank of America Home Loans. Bank of America Home Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006, Countrywide financed 20% of all mortgages in the United ...

  3. 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 ...

  4. Bank of America - Wikipedia

    en.wikipedia.org/wiki/Bank_of_America

    Bank of America branch in Washington, D.C. Consumer Banking, the largest division in the company, provides financial services to consumers and small businesses including, banking, investments, merchant services, and lending products including business loans, mortgages, and credit cards.

  5. Countrywide's Mortgage Document Errors May Doom Bank of America

    www.aol.com/news/2010-11-22-bank-of-america...

    Abigail Field. Updated July 14, 2016 at 6:11 PM. Countrywide's Mortgage Document Errors May Doom Bank of America. Testimony in a New Jersey foreclosure case decided last week may spell big trouble ...

  6. Mortgage servicer - Wikipedia

    en.wikipedia.org/wiki/Mortgage_servicer

    Mortgage servicer. A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original ...

  7. Ocwen - Wikipedia

    en.wikipedia.org/wiki/Ocwen

    Ocwen Financial Corporation 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 by William Erbey and is headquartered in West Palm Beach, Florida ...

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