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Litton Loan Servicing

Jacob Lew Hasn't a Clue

Joel Sucher | Posted 10.15.2014 | Politics
Joel Sucher

At the conference Lew cast some bread upon the water -- announcing an extension of HAMP and related programs through 2016 -- and these crumbs were eagerly consumed by so-called housing advocates

How Mortgage Servicing Has Come to Resemble Professional Wrestling (But Not As Much Fun)

Joel Sucher | Posted 06.14.2013 | Business
Joel Sucher

As a long-time fan of professional wrestling I've come to see how much of mortgage servicing resembles what goes on in the ring. Like wrestling the servicing business is full of "works," "gimmicks," "heels and baby faces," so let me explain.

Goldman Sachs and Litton Loan Servicing: A Very Uncomfortable Divorce

Joel Sucher | Posted 01.16.2013 | Business
Joel Sucher

Goldman's foray into the world of sub-prime mortgage servicing is one that company executives would like relegated to the dumpster along with the water-logged sandbags that shielded their New York HQ from the ravages of Hurricane Sandy.

A Foreclosure Film in the Making Awaits Final Scene

Joel Sucher | Posted 08.24.2012 | Politics
Joel Sucher

What do an insurance agent in Tennessee, a homemaker in Ohio, a private investigator from Wisconsin and a helicopter stunt pilot in Hollywood have in common?

William Alden

Goldman Sells Mortgage Unit, Takes Some Heat From Regulators

HuffingtonPost.com | William Alden | Posted 11.01.2011 | Business

NEW YORK -- On Thursday, Goldman Sachs gained the government's blessing to sell off its mortgage unit, but not without a couple of reprimands. The ...

William Alden

Retail Mortgage Business Too Troublesome For Goldman

HuffingtonPost.com | William Alden | Posted 08.06.2011 | Business

Even the geniuses at Goldman Sachs have decided the retail mortgage business is more trouble than it's worth. The firm agreed to sell its mortgage ...

Meet Banks' 'Robo-Signers': 'Foreclosure Experts' Were Hair Stylists, Teens, Walmart Workers

Posted 05.25.2011 | Business

NEW YORK (AP, Michelle Conlin) -- In an effort to rush through thousands of home foreclosures since 2007, financial institutions and their mortgage se...