BSI to purchase mortgage servicing rights following capital raise

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IRVING, Texas, February 25, 2019 – BSI Financial Services, a mortgage servicing operations platform that is digitally transforming the mortgage loan process throughout the life cycle of a loan, announces that it has partnered with two institutional investors to purchase mortgage servicing rights ("MSR"). This capability is funded by a capital raise in excess of $100 million, which was nearly three times the amount targeted.

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BSI Financial Services received a capital infusion for the subservicer to acquire mortgage servicing rights for its own account in order to offer its clients more liquidity for this asset. The capital raise of $140 million from two undisclosed institutional investors was nearly three times the amount it targeted.

This capability is funded by a capital raise in excess of $140 million, which was nearly three times the amount targeted. BSI Financial will source, perform due diligence, and service MSR assets.

BSI Financial Services, a mortgage servicing operations platform that is digitally transforming the mortgage loan process throughout the life cycle of a loan, announces that it has partnered with two institutional investors to purchase mortgage servicing rights ("MSR"). BSI Financial will source, perform due diligence and service MSR assets acquired in partnership with these investors.

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Brian Stewart assists banks and mortgage companies with their mortgage servicing rights risk management needs. What Mr. Stewart enjoys most about his position is working in a quantitative finance field that integrates knowledge of the capital markets, statistical analysis, and database management into a single role.

Mortgage Servicing Rights New York, NY April 15 – 16, 2019 Description In a climate of increased regulatory scrutiny and low interest rates, it is of even greater importance for the $10 trillion MSR industry to meet, compare notes and discuss the latest.

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