23.71 Up +0.16 +0.68%
COMPANY ADDRESS
Home Loan Servicing Solutions Ltd
c/o Walkers Corporate Services Limited
Walker House, 87 Mary Street
GEORGE TOWN, KYI-9005
US - Map
Phone: 345-9453727
COMPANY INFORMATION
Exchange: NASDAQ
Stock: Home Loan Servicing Solutions Ltd
Industry: Credit Services
Employees: 14
DESCRIPTION
Home Loan Servicing Solutions, Ltd is a development-stage company. The Company is formed to acquire mortgage servicing assets, primarily subprime and Alt-A mortgage servicing rights and associated servicing advances. The Company will engage residential mortgage loan servicers to service the pools of mortgage loans underlying the mortgage servicing rights. The Company acquire and therefore do not intend to develop its own mortgage servicing platform. The Company is focused to enter into the subservicing agreement to provide for the servicing of the initial mortgage servicing rights for an initial term of seven years. As of December 31, 2010, The Company had neither purchased nor contracted to purchase any mortgage servicing assets, including mortgage servicing rights and related servicing advances.
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