BSI Financial Services Acquires the Assets of 3Point Asset Management

Acquisition expands BSI Financial's technology resources and capabilities

Irving, TX, September 4, 2014 - BSI Financial Services announces that it has acquired the assets of 3Point Asset Management, a company providing investors asset due diligence, servicer surveillance and REO/asset management services on a national basis.

"Through this acquisition we are expanding our technology platform and adding new loan analytics and reporting capabilities, which strengthens and supports our brand promise of investor and agency transparency," said Gagan Sharma, BSI Financial President and CEO.

The employees and resources of 3Point Asset Management will be absorbed into BSI Financial's operations, and will continue to operate from its Irvine, CA location.

About BSI Financial

Led by a seasoned team of financial industry professionals, BSI Financial provides mortgage servicing and special servicing, loan quality control, REO and asset management services, and servicer surveillance monitoring using proprietary data analytics tools. Leveraging its global delivery model and nearly 30 year performance track record, BSI Financial offers clients customized solutions using an advanced financial services platform called BSI ASSET360. In addition to facilitating reliable and efficient service that meets all current regulatory compliance and market standards, BSI ASSET360 provides real-time visibility into loan performance, thus creating transparency, choice, and control. BSI Financial is approved as a servicer by Fannie Mae, Freddie Mac, FHA, VA, the Federal Home Loan Banks and several private investors, and is approved as an issuer by Ginnie Mae. BSI Financial’s business operations are located in Titusville, PA; Irvine, CA, and Irving, TX, where it also maintains its corporate headquarters. For more information, visit www.bsifinancial.com.