The Ticker
Vericrest Financial fully boards two new MSR portfolios
3/5/13 1:26pm
Servicer Vericrest Financial Inc. said it has fully boarded two new mortgage servicing rights portfolios, expanding its servicing portfolio to an aggregate outstanding principal balance of $10 billion.
The new portfolios were first announced in late December and February and are in line with the company's plans to continue acquiring MSRs.
In January, Vericrest also agreed to combine with Caliber Funding, creating a full-service platform for loan origination and servicing solutions.