Company News

Portfolio Financial Servicing Company Announces Participation and Exhibition at LendIt USA Conference

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), a third party servicer of commercial and consumer leases, loans and annuity-type contracts, has announced that it will be attending and exhibiting at the 2017 LendIt USA Conference, which will take place at the Jacob Javits Center in New York City from March 6th-7th, 2017. PFSC will be… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer for Structured Settlement Securitization

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement to act as Backup and Successor Servicer for a $250 million structured settlement ABS facility. PFSC has been a leading provider of primary, backup, and successor servicing for structured settlement, lottery, and annuity contracts. John Enyart, President of… Read more »

Portfolio Financial Servicing Company Announces Successful Completion of its 2016 SOC I Type II Audit

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), a third party servicer of commercial and consumer leases, loans and annuity-type contracts, has announced the successful completion of its 2016 SOC 1 Type II (SSAE 16) audit. Also known as a “Type II Service Auditor’s Report” or “Independent Service Auditor’s Report on Description of a Service Organization’s… Read more »

Portfolio Financial Servicing Company Announces Participation at SFIG/ABS West Conference

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), a third party servicer of commercial and consumer leases, loans and annuity-type contracts, has announced that it will be attending the 2017 SFIG/ABS West conference, which will take place at the Aria Resort & Casino in Las Vegas from February 26th through March 1st, 2017. Several PFSC employees… Read more »

Portfolio Financial Servicing Company Selected As Backup and Successor Servicer for Canadian Consumer Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement to act as Backup and Successor Servicer for an originator of Canadian unsecured consumer installment loans. PFSC’s client is a well-established nationwide provider of consumer installment loans across Canada. The client engaged PFSC to perform both backup servicing… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer and Custodian for Consumer Margin Loan Portfolio Securitization

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been appointed Backup Servicer and Custodian for a consumer precious metals margin loan portfolio securitization. PFSC has provided services to the issuer since 2011 and this transaction represents the issuer’s second rated securitization. Commenting on this new engagement, John Enyart, President of PFSC,… Read more »

Portfolio Financial Servicing Company Appointed Successor Servicer for Consumer Marketplace Loan Portfolios

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been engaged, in its existing capacity as backup servicer, to assume successor servicing duties for a sizable consumer marketplace lender, with a consumer loan portfolio exceeding $350 million, allocated amongst multiple securitization and whole-loan purchase facilities. Terms of the engagement remain confidential. Commenting… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer and Custodian for Structured Settlement Securitization

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement to act as Backup Servicer and Custodian for a $120 million structured settlement ABS facility. PFSC has been a leading provider of primary, backup, and successor servicing for structured settlement, lottery, and annuity contracts. John Enyart, President of… Read more »

Portfolio Financial Servicing Company Engaged to Service Small Business Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive multi-year agreement with an originator of small business working capital loans to act as primary servicer for the originator’s commercial loan portfolio. Terms of the servicing agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC,… Read more »

Portfolio Financial Servicing Company Engaged to Service Consumer Powersports Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive multi-year agreement with an originator of consumer powersports loans to act as primary servicer for a nationwide consumer loan portfolio. Terms of the servicing agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC, stated, “Our… Read more »