Is Specialized Loan Servicing a lender?

Please be advised Specialized Loan Servicing LLC is not a lender. Restrictions may apply.

What kind of company is Specialized Loan Servicing?

Specialized Loan Servicing LLC (SLS) operates as a financial company. The Company offers residential mortgages, as well as provides loan modification and planning services.

Is Specialized Loan Servicing a mortgage company?

SLS LLC or Specialized Loan Servicing is a mortgage servicing company which collects on residential mortgages. Many consumers will receive a notice from SLS when they had originally had their mortgage held at Bank of America or even Country Wide.

Is a loan servicer the same as a lender?

Your mortgage lender is the financial institution that loaned you the money. Your mortgage servicer is the company that sends you your mortgage statements. Your servicer also handles the day-to-day tasks for managing your loan.

Who took over Specialized Loan Servicing?

CPU acquired Specialized Loan Servicing LLC, a mortgage servicer headquartered in Denver, CO and enters the US mortgage market.

Specialized Loan Servicing Harassing You?

Who is SLS mortgage owned by?

Specialized Loan Servicing LLC (SLS, or the servicer) is a wholly owned subsidiary of Computershare Limited (Computershare), an Australian-based global financial services firm operating in 22 countries with over 16,000 clients and over 125 million end users.

Why was my Wells Fargo mortgage transferred to Specialized Loan Servicing?

Within the mortgage industry, mortgage loans are often transferred from your original lender to a company like Specialized Loan Servicing that concentrates on processing payments, providing escrow administration and general activities associated with your mortgage loan after it has been funded.

How much do loan servicing specialists make?

How much does a Loan Servicing Specialist make? The average Loan Servicing Specialist salary is $52,475 per year, or $25.23 per hour, in the United States.

Does a loan servicer own the loan?

Mortgage servicing companies matter more than ever

Chances are, the company that you send your mortgage payments to isn't the owner of the loan or the original lender. Instead, payments are sent to a separate “mortgage servicing company.” Mortgage servicers tend to be out of sight, out of mind.

Can a loan servicer foreclose a mortgage?

Servicers cannot foreclose on a property if the borrower and servicer have come to a loss mitigation agreement, unless the borrower fails to perform under that agreement.

Is SLS a debt collector?

​SLS accepts calls from relay services on behalf of hearing impaired borrowers. Please note, although your call or request may be general in nature, we are required by law to advise you that we are a debt collector, and any information obtained will be used for that purpose.

How do I get a mortgage statement from Specialized Loan Servicing?

Understanding Your Mortgage Billing Statement

These statements are mailed to you and are also available online by logging on to your account at sls.net. If you have questions about your billing statement, please contact us at 1-800-306-6062.

How long does it take to get approved on SLS?

It can take up to 24 hours for your profile to be approved. During that time you will be able to browse through profiles, but communication will not be possible. If 24 hours feels like too long of a wait there are a few things you can do to get your profile approved faster.

How do I order a payoff from SPS?

Can I pay my SLS mortgage with a credit card?

What payment methods does Specialized Loan Servicing accept? You can visit here to pay them directly, or pay through doxo via Apple Pay, debit card, bank account or credit card.

How do I cancel an escrow account?

You must make a written request to your lender or loan servicer to remove an escrow account. Request that your lender send you the form or ask them where to obtain it online, such as the company's website. The form may be known as an escrow waiver, cancellation or removal request.

What does a loan servicing specialist do?

As a loan servicing specialist, your duties primarily focus on ensuring that all documents, signatures, and supporting information are complete and in compliance with all rules and regulations governing loan processing.

Who is the largest mortgage servicer?

Among firms with retained or purchased servicing of US mortgaged income-producing properties, Wells Fargo ($595 billion), PNC/Midland ($404 billion), and KeyBank ($303 billion) are the biggest primary and master servicers for CMBS, CDO or other ABS loans.

What is a third party mortgage lender?

A third-party mortgage originator works in partnership with a mortgage lender to originate a home loan, which involves assisting in the underwriting process, funding the loan, and getting necessary information from the buyer.

How much does a loan servicing specialist make in Texas?

The average salary for a loan specialist is $48,151 per year in Texas. 73 salaries reported, updated at June 17, 2022.

What is a loan servicing manager?

Loan Servicing Manager manages the loan servicing function to deliver efficient collections, escrow, and cashiering operations. Establishes processes and procedures to maintain accuracy and completeness of required documentation.

Does Wells Fargo sell your mortgage?

Tom Goyda, a Wells Fargo spokesman, confirmed this. He also told me that the bank had in fact never sold my loan. Even so, in the world of mortgages there is no practical way for ownership (or simply servicing rights) to be sold or transferred on a one-off basis.

How do I pay off my Wells Fargo mortgage?

How do I get a payoff letter from Wells Fargo?

Phone. Call us at 1-800-289-8004 to obtain an automated payoff quote or to speak to a representative.