Puerto Rico bank to buy mortgage servicing rights
Puerto Rico News
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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