Allen Price Joins BSI Financial Services as SVP for Sales & Business Development

Seasoned executive will oversee sales and business development for company’s loan subservicing, QC and MSR purchase initiatives

IRVING, Texas, September 19, 2019 - BSI Financial Services, a mortgage-centric financial services company, announced it has hired Allen Price as senior vice president of sales and business development to lead the company's financial and real estate services lines of business.

Price will be responsible for growing BSI Financial's loan subservicing, quality control, mortgage servicing rights (MSR) purchase and real estate business lines offered through Entra Solutions, an independent company recently launched by BSI Financial that combines the operations of its title and escrow, real estate and foreclosure and default services.

Price has extensive experience in both the primary and secondary mortgage markets. Prior to BSI Financial, he served as senior vice president at RoundPoint Financial Group, where he oversaw the company’s sales and strategy.

"Allen’s background in financial services and the mortgage industry complements our growing business lines and our ambitious expansion plans," said BSI Financial President and CEO Gagan Sharma. "He also has an excellent track record of success developing business in the origination, servicing and capital markets. We are delighted to welcome him aboard.”

Price’s background includes senior vice president and national sales executive for ServiceLink's capital markets group and as senior vice president at Nationstar Mortgage, where he led the company’s MSR and subservicing acquisitions. Earlier in his career, Price was a senior risk executive for BBVA's residential mortgage portfolio and a senior vice president for global structured finance and RMBS trading for Bank of America.

About BSI Financial Services

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 life-of-loan performance reporting using advanced data analytics tools.

Leveraging a 30-year performance track record, BSI Financial offers clients customized solutions using proprietary digital technology such as BSI ASSET360, an advanced form of RegTech. BSI ASSET360 provides daily reporting on loan condition using exception processing that applies 600 business rules across 10,000 loan-level data elements that are updated daily.

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 and is listed in Standard & Poor's Select Servicer list. It is ranked 1,756 on Inc. Magazine's list of the fastest growing private companies in the U.S. 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.