Home Loan Servicing Solutions

 
 

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Growth: 380.9%
2012 revenue: $49,870,000
2013 revenue: $239,832,000
NASDAQ: HLSS

www.hlss.com

Home Loan Servicing Solutions, through its subsidiaries, engages in the acquisition of mortgage servicing assets. Its mortgage servicing assets consists of servicing advances, mortgage servicing rights, rights to mortgage servicing rights, and other related assets.

NOTABLE
The company is a spinoff from Ocwen Financial Corp (rank: 10), and HLSS holds the servicing assets tied to the private loan servicing giant. In August, Ocwen disclosed that it may have a “material weakness” in how it booked the sale of its MSRs to HLSS, an error that did not affect HLSS revenues.