Mortgage Servicing

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Aussie firm snaps up Specialized Loan Servicing 

Aug 24, 2011By

An Australian tech company called Computershare, a provider of software solutions and professional services to the securities industry, purchased Specialized Loan Servicing for $113.6 million in cash. In a presentation to investors, Computershare CEO Stuart Crosby said that the market for servicing distressed mortgages in the United States is only going to grow, thus providing the impetus for the purchase.

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