BSI Financial Added to S&P’s Select Servicer List – NMP
Industry News

BSI Financial Added to S&P’s Select Servicer List

May 16, 2018
BSI Financial Services has announced that Seaside National Bank has chosen its technology to enhance its loan servicing delivery

BSI Financial Services has announced that Standard & Poor's has awarded the company an Average ranking as a residential primary servicer. This was the first rating Standard & Poor’s has awarded to BSI Financial Services and officially adds the company to the S&P Select Servicer list of servicers.
 
In its review, S&P noted several favorable conditions at BSI Financial, including its seasoned and experienced management team, its internal control framework, and a robust data reporting capability offered through its BSI ASSET360 platform. The report also highlighted BSI Financial's ongoing investment in technology to further its servicing capabilities, strengthen operational control and improve efficiency.
 
S&P reported that the outlook for BSI Financial's ranking is stable and noted the sufficiency of its financial position.
 
"This rating reflects our ongoing commitment to innovation in servicing to improve efficiency, transparency and, ultimately, the user experience," said Gagan Sharma, BSI Financial President and Chief Executive Officer. "Continuous improvement is central to our ongoing quest to create sustainable home ownership. We are particularly pleased that S&P noted our robust reporting capability enabled by ASSET360.”

 
About the author
NationalMortgageProfessional.com
Link copied
Published
May 16, 2018
Get the NMP Daily
Home Equity
Achieve Closes $261.5M HELOC Securitization Ahead Of Planned TPO Launch

The company expects to begin purchasing fixed-rate HELOCs from correspondent lenders during the third quarter

Achieve has completed a $261.5 million securitization backed by 3,129 fixed-rate home equity lines of credit as it prepares to begin purchasing HELOCs from correspondent lenders.ACHM Trust 2026-HE1 closed July 30 and was announced Aug. 6. It is Achieve’s first HELOC securiti...

Continue reading
Analysis and Data
Better Will Miss September Break-Even Target, Interim CEO Says

Platform volume overtook DTC, but costly enterprise integrations have yet to deliver, and new partnership growth is not expected until Q4

Better Home & Finance will miss its goal of reaching adjusted EBITDA break-even by the end of September, interim CEO Daniel Lewis acknowledged during his first earnings call leading the company.Rather than set another deadline, Lewis said Better must first show that it c...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Industry News
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Industry News
Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Industry News
Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Industry News
Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Industry News
Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Industry News
Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Industry News
Jul 02, 2026