Litton Loan Servicing

Litton Loan Servicing is one of many traditional servicers of the loan servicing industry in the United States. The company traces its foundation in 1988 during the housing boom. It was created as a subservicer of problem loans for those who wanted to purchase properties but are likely to make late payments. At present, consumers who want to borrow funds for their housing are the main customers of this trusted company. Litton Loan Servicing offers its services by evaluating a borrower’s situations and providing loan packages to avoid foreclosures and resolve mortgage delinquency. After the borrower supplies the needed documents such as recent bank statements and pay stubs, Litton Loan Servicing offers mortgage loans as discussed. The company is known to collect interest and principal payments on different types of residential mortgages. It offers collection services to areas such as manufactured home loans, Veterans Administration, and Federal Housing Administration.

In 2011, Ocwen Financial’s acquisition of the company has broadened its scope of services, which now includes mortgage servicing. After the acquisition, the combined total of mortgages is estimated to be around 300,000, which are said to be worth around $50 million. As part of Ocwen Financial, Litton Loan Servicing is now one of the nation’s largest firms in its industry. It continues to provide homeowners with potential solutions to prevent foreclosures.

John Hart, a trusted real estate company with its wealth of real estate agents, has been offering short sales to homeowners who wish to sell their property and to those who wish to look for affordable housing at the shortest period of time. John Hart Company has worked with more than 500 successful short sales, a significant part of them done with Litton Loan Servicing as a lending partner.

To avoid foreclosures, call us at 1-888-550-4440, and let us show you how we can help.