Portfolio Financial Servicing Company Announces Successful Completion of its 2013 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 2013 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 »

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Portfolio Financial Servicing Company Selected As Backup Servicer and Custodian for Commercial Equipment Lease and 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 as well as Document Custodian for a commercial equipment lease and loan portfolio under the terms of a new warehouse credit facility. PFSC has provided ongoing services to the originator for… Read more »

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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 been engaged to provide backup servicing and, if appointed, successor servicing duties, for a consumer installment loan portfolio comprised of loans sourced to borrowers across Canada. Terms of the Backup and Successor Servicing Agreement remain confidential. Commenting on this new engagement, John Enyart,… Read more »

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Portfolio Financial Servicing Company Selected As Backup Servicer for Peer-to-Peer 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 loan portfolio originated in the peer-to-peer lending space. Terms of the Backup and Successor Servicing Agreement remain confidential. Commenting on this new engagement, John Enyart, President of PFSC,… Read more »

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Portfolio Financial Servicing Company Engaged to Service Commercial Loan Portfolio

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

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