Assurant Sells Mortgage Solutions Business to Xome(R)
Xome, based in the
"Successful execution of our profitable growth strategy requires us to align resources with our best opportunities," said
Assurant will work closely with Xome to ensure a smooth transition of the business for its clients, employees and business partners."
"In recent years, the Mortgage Solutions business has gone through a transformation in processes and technology," said Campbell. "The acquisition by Xome is a natural fit for the Mortgage Solutions product portfolio and will give the business the scale it needs to reap the benefits of those investments."
Assurant's second quarter 2018 net operating income for
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