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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. History [ edit ]
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Some lenders retain servicing rights even after selling a mortgage. If the servicer is changing: Check all the data listed with the old servicer (name, address, email, other contact info) to make ...
Reasons for having multiple accounts. There are several reasons why it is beneficial to have multiple savings accounts. 1. Earn more interest. With the Federal Reserve actively making cuts to the ...
At another point during the servicing of the mortgage, National Australia Bank incorrectly charged a "default" interest rate of 20%, when it should have charged less than 6%, as the loan was not in default. Even if the Australian bank had a legitimate reason to charge such a default rate, that rate should have only been an additional 4%, not 14 ...