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 »

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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 »

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Portfolio Financial Servicing Company Selected As Backup and Successor Servicer for Commercial Lease Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that it has entered into a definitive agreement with a specialty finance company to act as Backup and Successor Servicer for an approximate $150M commercial lease portfolio, comprised primarily of structured middle market leases. Terms of the agreement remain confidential. PFSC has been a leading provider… Read more »

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Portfolio Financial Servicing Company Appointed Verification Agent and Title Custodian for Commercial Fleet Vehicle Title Portfolio

PORTLAND, OR. Portfolio Financial Servicing Company (“PFSC”) announced today that is has been appointed Verification Agent and Title Custodian under the terms of a Vehicle Title Custodial Agreement on behalf of a commercial fleet vehicle leasing company. Terms of the Custodial Agreement remain confidential. In accordance with the Custodial Agreement, PFSC will provide its client,… Read more »

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Portfolio Financial Servicing Company Selected As Backup and Successor Servicer for Consumer Debt Consolidation 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 nationwide consumer debt consolidation loans. PFSC’s client is a well-established nationwide provider of consumer installment loans, including loans for debt consolidation purposes. After a lengthy due diligence… Read more »

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