Stewart Lender Acquires PMH Financial

July 11, 2011, 10:27 a.m. EDT 1 Min Read

Stewart Lender Services (SLS) has acquired a majority ownership in PMH Financial.

PMH was founded in 2005 and was previously owned by Braddock Holdings Co. SLS is a subsidiary of Stewart Title Co.

PMH, which specializes in REO services, collateral valuation, subservicing, loan review, and due diligence services to national and regional lenders, manages an estimated $2.5 billion in real estate assets, according to a press release. The firm's clients range from financial institutions to hedge fund investors and loan servicers.

“PMH will provide a great deal of synergy with a number of Stewart clients and services. PMH's senior leadership team has some of the leading REO and servicing executives in our industry,” SLS President and CEO Jason Nadeau said of the acquisition.

“By joining Stewart Lender Services, we can deliver greater value to our clients while offering them an expanded line of related products and services,” said PMH President and CEO Ken Blevins. “By joining Stewart Lender Services, we can deliver greater value to our clients while offering them an expanded line of related products and services."

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