Puerto Rico bank to buy mortgage servicing rights

- Trinidad, Tobago / Caribbean - Posted: 18th Sep, 2008 - 1:06pm

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Puerto Rico - News from Puerto Rico
Post Date: 18th Sep, 2008 - 1:06pm / Post ID: #

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Puerto Rico bank to buy mortgage servicing rights

Puerto Rico bank to buy mortgage servicing rights
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SAN JUAN, Puerto Rico (Reuters): Popular Inc said its Puerto Rican banking unit Banco Popular has agreed to buy the third-party mortgage servicing rights from RG Mortgage Corp, a unit of RG Financial, for about $34 million. San Juan-based Popular said the deal is expected to close in the fourth quarter.
Source: Caribbean Net News Daily Headlines: Puerto Rico

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