Computershare, a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications, recently announced that it has signed an agreement to acquire Denver, Colorado-based Altavera Mortgage Services, LLC, a provider of independent, third-party mortgage origination services to residential mortgage lenders.
Computershare specializes in corporate trust, mortgage, bankruptcy, class action and utility administration, and a range of other diversified financial and governance services. The company was founded in 1978 and is known for its high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement.
Altavera’s U.S.-based mortgage operations staff provides a full suite of services including loan set-up, processing, underwriting, closing, funding, and quality control for all product types, including non-QM, jumbo, and conventional. While remaining an independent entity as part of Computershare Mortgage Services, Altavera will be a strategic component of Computershare’s expanding global mortgage industry footprint, which already includes mortgage servicer Specialized Loan Servicing (SLS) in Highlands Ranch, Colorado and HomeLoan Management (HML) in the United Kingdom.
Brian Simons, founder of Altavera, will continue in his role as President. Debora Aydelotte and Penny Nelson, will both continue in their roles as COO and SVP, Mortgage Operations, respectively. Both companies are working collaboratively together to bring enhanced services to their clients, partners, and the mortgage industry.
The companies expect the transaction to close in April 2016.