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Hanover Trade Announces Upcoming Sale of Servicing Rights.

Publication: PR Newswire
Publication Date: 07-MAR-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HanoverTrade, Inc., a wholly owned subsidiary of Hanover Capital Mortgage Holdings, Inc. , announced that it has been hired by a client to sell a servicing rights portfolio with a principal balance of $313 million as of January 31, 2005. HanoverTrade will be accepting bids on behalf of its client on the servicing rights portfolio on March 15, 2005 at 2 pm EST.

By offering the servicing rights portfolio on http://www.hanovertrade.com/ , HanoverTrade allows interested bidders to access all sale information online via the Internet. Pool information can be analyzed via HanoverTrade's online stratification tool, Asset OnSite.

In providing loan sale advisory and Internet...

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