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Select Portfolio Servicing, Inc. · Salt Lake City, UT United States

Company Description

3815 SW Temple
Salt Lake City, UT
84115
United States (Map)
Phone: 801-293-1883
Fax: 801-293-2555

    Pssst: Select Portfolio Servicing (SPS) services mostly subprime residential mortgage loans. In addition to servicing loans for parent company Credit Suisse (USA), SPS services impaired-credit loans and non-performing loans for a variety of third-party clients, including mortgage companies, banks, and bond insurers. It works through a network of brokers to sell lender-owned homes (generally homes that have been previously foreclosed on). The company services some 235,000 loans totaling around $29 billion ($20 billion is subprime). Other services offered include valuations and collections. SPS operates offices in Jacksonville, Florida, and Salt Lake City. To read the full description, subscribe now.

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    Key Select Portfolio Servicing, Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees1,000

    Select Portfolio Servicing, Inc. Executives

    5 executives listed for Select Portfolio Servicing, Inc.'s Salt Lake City, UT location.
    TitleName & BioContact
    CEOTim O'BrienNetwork
    CFOJustin CrowleyNetwork
    CIORusty HansenNetwork

    Competition

    Competitive Landscape for Select Portfolio Servicing, Inc.
    Demand for credit reporting and for collections services are driven by the volume of financial transactions, and by the health of the economy. The profitability of individual companies depends largely on efficiency of operations. The profitability of collections companies that buy receivables portfolios depends on their ability to assess recovery potential. Large credit reporting companies have significant economies of scale in operations. Small companies can compete successfully in the collections segment, where customer service and personal contact are important. To read the full description, subscribe now.
    Top Select Portfolio Servicing, Inc. Competitors
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