Company News

PFSC Announces Sponsorship and Participation at National Association of Settlement Purchasers Annual Conference

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”), a third party servicer of commercial and consumer leases, loans and structured settlement contracts, has announced that for the seventh consecutive year, it will sponsor and attend the National Association of Settlement Purchasers (“NASP”) annual conference. This year’s conference will take place at the SLS Las Vegas Hotel… Read more »

Portfolio Financial Servicing Company Appointed Servicer and Verification Agent for Life Contingent Structured Settlement Pool

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been engaged to provide both Servicing and Verification Agent services for a growing portfolio of life contingent structured settlements. Terms of the engagement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC stated, “The comprehensive servicing and backup servicing of… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer and Custodian for Commercial Equipment Loan Term Securitization

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement to act as Backup Servicer as well as Document Custodian for a commercial equipment loan term securitization. Terms of the Agreements remain confidential. PFSC has been a leading provider of primary, backup, and successor servicing for commercial and… Read more »

Portfolio Financial Servicing Company Appointed Backup Servicer and Verification Agent for Canadian Consumer Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been engaged to provide backup servicing and verification agent services for a rapidly growing Canadian consumer installment loan portfolio. Terms of the Agreement remain confidential. John Enyart, President of PFSC, commented, “While this is PFSC’s first engagement with this client, we have worked… Read more »

Lender Appoints Portfolio Financial Servicing Company Servicer for Franchise Finance Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that a marketplace lender has appointed PFSC as its servicer for a franchise finance loan portfolio. Terms of the Servicing Agreement remain confidential. John Enyart, President of PFSC, stated, “Portfolio set-up and legacy portfolio conversion activities are complete and PFSC commenced servicing at the beginning of… 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 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 PFSC, commented,… Read more »

International Commercial Equipment Manufacturer selects PFSC as Backup Servicer for Lease Term Securitization

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement with a captive finance subsidiary of an international lift and material handling manufacturer to act as Backup Servicer for a commercial equipment lease term securitization. Terms of the agreement remain confidential. PFSC has been a leading provider of… Read more »

Marketplace Lender Appoints Portfolio Financial Servicing Company Servicer for Nationwide Commercial Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that a prominent and nationwide marketplace lender has appointed PFSC as its servicer for a commercial installment loan portfolio. Terms of the Servicing Agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC, stated, “our client completed a thorough review of the third… Read more »

Portfolio Financial Servicing Company Selected As Backup Servicer for Commercial Equipment Lease Term Securitization

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement to act as Backup Servicer for a commercial equipment lease term securitization. PFSC has provided periodic services to the issuer for approximately a decade. PFSC has been a leading provider of primary, backup, and successor servicing for commercial… Read more »

Portfolio Financial Servicing Company Appointed Backup Servicer for Canadian Consumer Loan Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has been engaged to provide backup servicing and, if appointed, successor servicing duties, for a consumer installment loan portfolio. Terms of the Backup and Successor Servicing Agreement remain confidential. John Enyart, President of PFSC, commented, “We are pleased with PFSC’s appointment as backup servicer… Read more »