BSI Financial Services Appoints Scott A. Johnson as Controller

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Johnson’s Two Decades of Financial Systems Management in High-growth Companies Complements BSI Financial’s Growth Plan

"As we scale up our organization, we hope to benefit from Scott’s experience working with large organizations."

BSI Financial Services, a mortgage-centric financial services company, today announced the appointment of Scott A. Johnson as senior vice president, corporate controller. A financial services industry veteran, Johnson adds depth and experience to the company's management team.

"Scott's skills at managing critical financial functions against a backdrop of rapid business growth make him an excellent fit for our company," said Gagan Sharma, president and CEO of BSI Financial. "As we scale up our organization, we hope to benefit from Scott’s experience working with large organizations. He is a welcome addition to our management team," he added.

Johnson's experience in financial services spans two decades. He began his career with Ocwen Financial, where he quickly rose through the ranks to lead Investor Reporting and Third-party Controllership, and initiated substantial cost-saving measures.

In 2005 he joined Litton Loan Servicing, a division of Goldman Sachs, to manage financial forecasting and MSR valuations. Four years later he was promoted to vice president and assumed leadership of corporate finance.

In 2011 Johnson joined Nationstar Mortgage as a Vice President, and held leadership positions in Servicing Finance, Accounting and Corporate Finance. In August 2015, he was named Controller of the corporate segment of the business. While at Nationstar, he helped lead Accounting through a period of rapid company growth resulting from new acquisitions.

Johnson holds an undergraduate degree in Finance from Florida State University.

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. With BSI ASSET360, clients have real-time visibility into loan status and performance, affording them choice and control.

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. 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 http://www.bsifinancial.com.

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