Major highlights for the three months ended March 31, 2019 include the following:
• Boarded $110,124 UPB comprised of $45,590 UPB of forward MSR and $64,534 UPB of subservicing • Provided 9,590 solutions to our mortgage servicing customers, reflecting our continued commitment to foster and preserve homeownership • Maintained a low delinquency rate, measured as loans that are 60 or more days behind in payment, at 2.4% • Funded 27,294 loans totaling $5,716 which included $2,143 related to retaining customers in our servicing portfolio • Achieved recapture rate of 27.5% • Sold 2,421 properties and completed 379,585 of Xome service orders • Completed acquisition of Pacific Union, which allowed us to expand our servicing portfolio and increase our mortgage lending volume and capabilities • Completed the acquisition of the Seterus mortgage servicing platform and assumed certain assets related thereto from IBM (“Seterus acquisition). In connection with Seterus acquisition, we entered into a subservicing contract for $42 billion in mortgages
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