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In the News - Subprime Lending
On November 21, 2007, Governor Schwarzenegger announced an agreement with several loan servicers to streamline the loan modification process for subprime borrowers living in their home, making timely payments and likely to default when their loan jumps to a scheduled higher rate. If your lender is listed below, you may be one of the many Californians who qualify for assistance. Contact your lender for more information (contact information is below)..
Carrington Mortgage Services
Countrywide Home Loans
GMAC Mortgage, LLC
Home Loan Services, Inc.
Homeq Servicing
HSBC Mortgage Services
Litton Loan Servicing
OCWEN Loan Servicing, LLC
Option One Mortgage
Wilshire Credit
Information on Nontraditional Loans
In the News - Subprime Loan Agreement
2008
- March 3, 2008
Commissioner releases results from Department of Corporations survey of mortgage loan servicers
Results of Survey of Mortgage Loan Servicers - Year Ending 2007
Results of Survey of Mortgage Loan Servicers - January 2008