Select Portfolio Servicing

Select Portfolio Servicing, Inc. (SPS) is a financial services company specializing in mortgage servicing. They manage mortgage loan accounts on behalf of lenders, handling tasks such as payment processing, escrow management, and customer service. SPS generates revenue through servicing fees and interest income from the loans they manage. Founded in 1989, the company has grown significantly and is known for its focus on providing high-quality service and maintaining compliance with regulatory standards. Key historical points include its acquisition by Credit Suisse in 2005, which expanded its capabilities and market reach.

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