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US & Canadian companies
Goldman considers selling mortgage servicer
...In May, Barclays sold HomEq Servicing to Ocwen Loan Servicing for $1.3bn in cash. The same month, IBM closed on its purchase of Wilshire Credit Corporation from Bank of America....
December 3, 2010
US & Canadian companies
Other banks took on loan collection arms
...leading Wall Street investment bank had bought a mortgage servicer, including Morgan Stanley, which acquired Saxon Mortgage Services; Merrill Lynch, which bought First Franklin; Barclays, which purchased Homeq...
June 15, 2010
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
FT AlphavilleTracy Alloway
BarCap subsidiary sued for being Hamp-ered
...According to the lawsuit, Ohio homeowners in need of loan modifications through HomEq were forced to enter into one-sided agreements....
December 21, 2009
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
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 Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
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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