People I wouldn’t get to excited about Mount Rushmore’s hitch just yet
Select Portfolio Servicing Inc. (SPS) has struck a deal to acquire certain assets of Texas-based Rushmore Loan Management Services LLC. Rushmore also has a property management division through its subsidiary Dakota Asset Services.
This is the settlement website for the class action lawsuit known as Fernandez v. Rushmore Loan Management Services LLC, pending in the U.S. District Court, Central District of California
A $1,645,840.00 settlement has been reached in a class action lawsuit alleging that Rushmore charged borrowers convenience fees to make mortgage payments by phone. The Action asserts that Rushmore’s practice of charging such fees, among other things, violated the Fair Debt Collection Practices Act and the Rosenthal Fair Debt Collection Practices Act, and breached the terms of the borrowers’ loan agreements. Rushmore denies the allegations asserted in the Action.
Rushmore was named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer for 2020 by Fannie Mae in recognition of Rushmore's outstanding performance in the General Servicing category
Rushmore Mortgage is a debt collector. They have a debt collection department that operates throughout the United States and Puerto Rico. A debt collection company buys existing debt for a fraction of its total value and then resumes responsibility for collecting payment..
Roosevelt Management Company, last week shuttered its correspondent channel business and laid off its staffers. According to data from mortgage software firm Modex, the company has originated about $822,000 in mortgage loans through August.Sep 19, 2022
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Let time take its course to truly get excited IMO.
It s possibly cutting the fat was part of the deal
GoGooooooCOOP
GLTA-Ts
