Sourcepoint to acquire The StoneHill Group.

Sourcepoint, a provider of outsourced mortgage services, agreed to acquire The StoneHill Group, a provider of loan quality control and mortgage process outsourcing. Financial terms are not disclosed. "This acquisition is very complementary and provides us adjacent capabilities in the mortgage value chain. It enables us to scale the business by leveraging the strong demand for residential mortgage loan trading and securitization. We're particularly excited about integrating the offerings of our companies to provide the best-in-class, end-to-end mortgage solutions to both mid- and large market customers," Vipul Khanna, Firstsource Solutions CEO.