January 23, 2013 at 18:51 PM EST
Home Loan Servicing Tries To Break Out Of Flat Base
Home Loan Servicing Solutions (HLSS), which buys the right to service mortgage loans, is trying to break out of a flat base. The stock cleared the 20.56 buy point last week in strong trade, but it's since pulled back and sits just below the entry. Home Loan Servicing is benefitting as big banks jettison huge blocks of troubled mortgage loans to cut costs and meet stricter international banking rules. The company earns fees from servicing those
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