Bayview purchasing Pingora loan servicing platform

What I think is most interesting to highlight today however is the progress we’ve made in our plan of building out our float businesses in order to have long-term value by purchasing. acquired.

How to Get Any Lender to Fund Your Deal (7 Step Process) Pingora Asset Management – – Welcome to Pingora Asset Management LLC Specialized Management of Mortgage Servicing Rights. Pingora is led by a team of industry veterans who have over 60 years’ collective experience evaluating, acquiring and selling Mortgage Servicing Rights; performing valuations, trading and hedging, ensuring compliance with regulatory requirements and performing servicer oversight.

Annaly Capital Management, Inc. and Bayview Asset Management, LLC today jointly announced that Bayview had entered into an interest purchase agreement to acquire Pingora. | July 10, 2017

Gables, Florida with approximately 2,100 employees across asset management and loan servicing operations. As of March 31, 2017, Bayview oversees approximately $14.2 billion in assets under management. Bayview has substantial experience in sourcing, purchasing, servicing, and managing residential and commercial mortgage loans and mortgage-backed securities.

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National Mortgage News, July 13, 2017–Elina tarkazikis (subscription) bayview Asset Management has entered into an agreement to acquire Pingora Holdings, an indirect subsidiary of Annaly Capital Management.

 · I have a loan owned by citimortgage but in july they outsourced it to bayview loan servicing. I was unaware of this and kept making my payments to citimortgage and then suddenly get a bill from bayview saying that I owe over $5000.00.

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Pingora Holdings operates Pingora Asset Management, LLC and Pingora Loan Servicing, LLC. Denver , Colorado , United States categories financial services Headquarters Regions Greater Denver Area , Western US founded date 2012 operating status Active Funding Status M&A