Winn Enterprises to sell S&L;’s loan services.
The Fullerton-based firm agreed to sell, for an undisclosed price, a major portion of the current loan servicing portfolio of its subsidiary, MountainWest Savings & Loan, to Valley Mortgage, both headquartered in Salt Lake City. The sale is set to be completed March 31. R. Sam Christensen, Winn’s vice president of corporate development, said the transaction “further strengthens (Winn’s) net worth, which has almost doubled in the past 18 months.â€
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