Home Loan Servicing Solutions, Ltd. engages in acquiring mortgage servicing assets consisting of servicing advances, mortgage servicing rights, rights to mortgage servicing rights, and other related assets. Business strategy The company’s business strategy is focused on acquiring servicing advances and mortgage servicing rights. Operations The company engaged Ocwen Financial Corporation and its subsidiaries (collectively Ocwen), a residential mortgage loan servicer, to service the mortgage loans underlying its mortgage servicing assets. The company has the purchase agreement with Ocwen pursuant to which it may agree to purchase mortgage servicing rights, associated servicing advances, and other related assets from Ocwen. The company has the subservicing agreement with Ocwen pursuant to which it may engage Ocwen to act as the subservicer of pools of residential mortgage loans underlying the mortgage servicing rights that it acquires. The company has separate subservicing supplements to the subservicing agreement with Ocwen pursuant to which Ocwen has agreed to act as subservicer of the mortgage loans underlying the Acquired Mortgage Servicing Rights on the terms effective upon the transfer of the Acquired Mortgage Servicing Rights to the company. Significant Events In March 2013, Home Loan Servicing Solutions, Ltd. announced that, HLSS and HLSS Holdings, LLC completed an acquisition from Ocwen Financial Corporation and its affiliates and subsidiaries of rights to receive servicing fees (Rights to MSRs) and related servicing advances for a servicing portfolio of subprime and Alt-A residential mortgage loans. History Home Loan Servicing Solutions, Ltd. was founded in 2010. The company was incorporated in 2010 as a Cayman Islands exempted company.
home loan servicing solution
190 Elgin Avenue
George Town, KY1-9005
|Flagstar Bancorp Inc||$17.35 USD||-0.14|
|Nationstar Mortgage Holdings Inc||$33.45 USD||-0.06|
|Ocwen Financial Corp||$35.54 USD||-0.14|
|PHH Corp||$24.08 USD||-0.12|
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To contact HOME LOAN SERVICING SOLUTION, please visit www.hlss.com. Company data is provided by Capital IQ. Please use this form to report any data issues.