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Litton Loan Servicing, an Affiliate of Goldman Sachs, Closes Deal on Fremont General’s Servicing Rights

The servicing business has been going through some changes lately in the form or mergers and acquisitions. Obscene profits can be made in the servicing arena. Especially in today’s market of delinquencies and defaults.
All this spells is extra fees and income for today’s servicers.
So, it is no surprise that Litton, an affiliate of Wall Street [...]

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