This third party system is not consumer friendly or worthy. I was with Specialized Loan Services for 2 years and their system is a mess. I spoke with CJ who told me that even though they charged ...

In addition to offering the above-mentioned products and services, many consumer loan providers are involved in businesses like commercial lending, insurance, loan servicing and asset recovery.

Lakeview Loan Servicing (NMLS #391521) is one of the largest mortgage loan servicers in the U.S., collecting payments, managing escrow and providing other customer service. It also helps customers ...

Nevertheless, loan servicing transfers have historically been disruptive for borrowers. The Consumer Financial Protection Bureau noted in a 2015 report that servicing changes can result in lost ...

The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...

Strategic alignment moves a servicing platform to the Dark Matter brand, creating a versatile powerhouse of front and ...

Go deeper: Student loan repayments plagued by errors, bad customer service Editor's note: This story was updated with a ...

The Consumer Financial Protection Bureau ... for federal student loan forgiveness programs, such as Public Service Loan Forgiveness or disability discharges. They also don’t qualify for flexible ...