Computershare Specialized Loan Servicing

Computershare Specialized Loan Servicing

Computershare Specialized Loan Servicing – Written by Bonnie Sinnock CloseText About Bonnie twitter bcynic mailto [email protected] LinkedIn bonnie-sinnock-115a829 August 20, 2018 at 3:36pm EDT 1 minute read

Computershare Loan Services has agreed to acquire the loan fulfillment and secondary marketing unit owned by LenderLive Holdings to expand its services throughout the mortgage lifecycle.

Computershare Specialized Loan Servicing

Computershare Specialized Loan Servicing

Terms of the deal were not disclosed. The sale is on track to close in the fourth quarter.

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“The LenderLive Network team has a strong client base and its excellent products and people will be a natural fit as we continue to build a comprehensive mortgage services offering,” Nick Oldfield, CEO of Computershare Loan Services, said in a press release issued by both companies.

“We believe the LenderLive Network is a natural fit with Computershare’s strategy to grow its overall mortgage business, and the combined company will have broader scale and greater market opportunity,” John Service, Computershare’s president and CEO, said in the press release. .LenderLive Holdings. .

The decision to sell LenderLive Network “steems from our long-term strategic plan to invest in and build out the company’s services and technology businesses while we find long-term strategic sources of capital or partners for our secondary fulfillment and marketing businesses,” the LenderLive CEO said. Collectibles. Rob Clements in traffic.

“Going forward, LenderLive Holdings will continue to offer a broad range of technology-enabled services through our LenderLive Services division and grow through strategic acquisitions such as the recently closed Require Holdings transaction,” Clements said.

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