Homeowners Financial Corp. (HOFC/HOFC.PK) Wrap Up:

Homeowners Financial Corp., through its subsidiaries, provides mortgage banking services in the United States. The company services, originates, acquires, and markets mortgage loans secured primarily by residential properties in 48 states and the District of Columbia. Its mortgage loan services include collecting and processing homeowners’ monthly mortgage loan payments, remitting payments of principal and interest to the investors, maintaining escrow accounts for the payment of taxes and insurance on behalf of borrowers, and processing loan defaults and other general administrative functions. Homeowners Financial also sells the mortgage loans to mortgage investors in the secondary mortgage ...