Mortgage servicer Hamilton Financial Services Corp. is being sold to Houston's Harbor Financial Group in a cash deal worth about $5.5 million, or 95 cents a share.

Hamilton has $1 billion of mortgage servicing rights, and services about $1 billion of loans for other companies. The company exited the origination side of the business in 1995, closing 32 offices.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.