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4828 Loop Central Dr. Houston, TX 77081 TX Tel. 713-960-9676 Toll Free 800-247-9727 Fax 713-966-8830 |
Type: Subsidiary
On the web:
https://www.littonloan.com
Employees:
1,190
Litton Loan Servicing collects principal and interest payments on prime and subprime residential mortgages, including Federal Housing Administration, Veterans Administration, and manufactured home loans. The company's loan portfolio includes approximately 400,000 mortgages worth more than $45 billion. Troubled former parent company Credit-Based Asset Servicing and Securitization (C-BASS for short) sold the firm to Goldman Sachs for $428 million in late 2007 in order to raise capital. Litton Loan Servicing was founded in 1988 by Larry Litton Sr., who remains president and CEO of the company.
Key numbers for fiscal year ending December, 2007:
Sales: $315.3M
Officers:
President and CEO: Larry B. Litton Sr.
COO: Collections
Competitors:
FirstCity Financial
Green Tree Servicing
Ocwen Financial
