BSI Financial Services Forms Entra Solutions, a Diversified Real Estate Company

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New independent entity combines title, escrow, default management and real estate operations into one business.

Entra Solutions is positioned to offer clients a comprehensive suite of property services through one convenient point of contact

BSI Financial Services, a mortgage-centric financial services company, announces that it is forming Entra Solutions, an independent company that will provide title, escrow, default management and real estate services to lenders and investors that originate, purchase or service mortgage loans.

The new company will combine the operations of four existing companies: Entra Title Services, a nationwide provider of property title insurance; Entra Default Solutions, a foreclosure management company operating in Arizona, California, Nevada and Texas; Entra Asset Management, a national company that provides asset recovery, valuation and property disposition services; and Entra Escrow Services, which provides property escrow services in California.

"By virtue of its capabilities and experience, Entra Solutions is positioned to offer clients a comprehensive suite of property services through one convenient point of contact," said Gagan Sharma, President and CEO of BSI Financial. "The human and technology resources represented in the combined businesses will enable us to provide services that are cost effective and easy for our clients to use."

Entra Solutions will operate out of its new headquarters in Irvine, California, under the direction of Brian Sindell, Senior Vice President. A twelve-year veteran of the mortgage finance industry, Brian has led asset management initiatives for LandAmerica, NRT REOExperts and 3Point Asset Management, in addition to BSI Financial Services.

“Forming Entra Solutions enables us to foster a top-down culture of continuous improvement in each of our service lines," Sindell said. "We have a number of technology and process improvement initiatives underway that will position us as best-of-breed in our industry."

For more information visit https://entrasolutionsllc.com.

About BSI Financial Services

Led by a seasoned team of financial industry professionals, BSI Financial Services 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. 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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