Computershare Finalizes Acquisition of Altavera Mortgage Services, LLC and CMC
May 16, 2016
Acquisitions expand Computershare’s offering for loan services clients
New York, NY – Computershare Limited (ASX:CPU) announced today it has completed the acquisition of Altavera Mortgage Services, LLC. The company also announced the completion of its acquisition of Capital Markets Cooperative, LLC (CMC) on April 29, 2016.
Altavera and CMC are a vital part of Computershare's strategy to grow its global mortgage services business, which includes mortgage servicer Specialized Loan Servicing (SLS) in Highlands Ranch, Colorado and Homeloan Management (HML) in the United Kingdom.
These acquisitions significantly expand Computershare's ability to support mortgage lenders and investors through each stage of the mortgage life cycle. CMC's range of secondary market solutions, combined with Altavera's loan fulfillment offerings and Computershare's existing loan servicing solution, will help the company deliver services critical to the success of lenders.
Computershare has established an integration team to bring together a unified loan services solution for its clients and expects clients to begin seeing benefits from the combined approach in the coming months. Altavera and CMC management teams along with their employees will be integral to the success of this growing segment of the Computershare portfolio of companies.
For more information, please visit altavera.com and www.capmkts.org
About Computershare Limited
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialize in corporate trust, mortgage, 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 15,000 employees worldwide.
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