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US & Canadian companies
Goldman considers selling mortgage servicer
...But many of those banks have either quit the business or gone under themselves. In May, Barclays sold HomEq Servicing to Ocwen Loan Servicing for $1.3bn in cash....
December 3, 2010
US & Canadian companies
Other banks took on loan collection arms
...Franklin; Barclays, which purchased Homeq; and Goldman, which acquired Litton Loan Servicing....
June 15, 2010
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
US downturn
Wall St banks suffer amid reform fears
...The company recently bought HomEq, Barclays Capital’s subprime residential mortgage servicing unit, for $1.35bn....
June 14, 2010
FT AlphavilleTracy Alloway
BarCap subsidiary sued for being Hamp-ered
...permanently-modified mortgage have been in place since the programme began, but added to the mix in recent months were the kudos of being seen to be helping homeowners, plus some generous capital risk-weightings for banks...
December 21, 2009
European banks
VFTT: Bob Diamond transcript
...What I can say, is that sub-prime is important to us, but we’re relatively new, we’re happy with the acquisition of HomEq [EquiFirst], the sub-prime issuer, which closed just this year....
August 24, 2007
UK companies
Investment banking boosts Barclays
...About 1,300 people were added to the bank’s headcount as a result of Barclays’ recent acquisition of HomEq, the US mortgage business....
February 20, 2007
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
UK banks
Barclays sees profit meeting forecasts
...However 1,300 of the new staff relate to HomEq, a mortgage business acquired in the US earlier this year....
November 28, 2006

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