NEW YORK, Oct. 20, 2016 /PRNewswire/ -- Computershare Limited (ASX: CPU), a global leader in diversified financial and governance services, and a provider of specialty mortgage servicing, asset management and debt recovery offerings, continues to grow and build upon its mortgage services offering to clients. In the past six months, Computershare Loan Services has achieved major milestones and is now serving 1 million residential mortgage accounts globally and employs more than 4,000 dedicated loan services employees in the U.S. and U.K.
"We are excited about the progress we have made since the acquisitions of Altavera Mortgage Services and Capital Markets Cooperative (CMC) that have helped lead to the formation of the global Computershare Loan Services brand," stated Nick Oldfield, CEO of Computershare Loan Services US. "Financial institutions have come to rely on us as a trusted partner with the scalable technology, operational capacity and experienced staff who understand the intricacies of this highly regulated industry."
Computershare Loan Services provides mortgage lenders, investors and real estate professionals with solutions that support the lifecycle of a mortgage loan. The company manages large volumes of complex financial data to serve the needs of borrowers and invests in mortgage service rights to optimize loan portfolio performance including highly rated loan servicing, loan fulfillment, REO and valuation services and MSR funding services.
Computershare Loan Services history includes:
- The 2011 acquisition of Specialized Loan Servicing, LLC (SLS), a primary and special fee-based servicer of residential mortgage loans;
- A global expansion with the acquisition of Homeloan Management (HML) in the United Kingdom in 2014 and the onboarding of the UK Asset Resolution Limited (UKAR) mortgage servicing and debt management services in 2016;
- The 2016 Capital Markets Cooperative (CMC) and Altavera Mortgage Services acquisitions that added strength in capital markets and loan fulfillment services.
- Most recently, Computershare Mortgage Solutions (formerly known as Specialized Asset Management) made significant enhancements to its REO and valuation services.
Executives from the company will attend the 2016 MBA Annual Convention in Boston and meet with mortgage bankers and investors to share how Computershare Loan Services can help them support their mortgage loan portfolio needs.
About Computershare Limited
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, mortgage servicing, proxy solicitation and stakeholder communications. We also specialize in corporate trust, bankruptcy, class action and utility administration, and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world's leading organizations use us to streamline and maximize the value of relationships with their investors, employees, creditors and customers. Computershare is represented in all major financial markets and has over 16,000 employees worldwide.
For more information, visit www.computershare.com
310 751 1817
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/computershare-loan-services-expands-to-more-than-4000-employees-and-1-million-residential-mortgage-accounts-globally-300348241.html