There is a difference in the U.S. between lending, loan servicing, and simply holding onto debt. All three have different regulations, in decreasing order of re

There is a difference in the U.S. between lending, loan servicing, and simply holding onto debt. All three have different regulations, in decreasing order of regulatory burden. The people in the article are not lenders. They are buying loans and acting as mortgage services (e.g. making sure people pay their debt every month).