J.G. Wentworth Company Acquires WestStar Mortgage

The J.G. Wentworth Co., a purchaser of structured settlement payments and other receivables, has completed its acquisition of Woodbridge, Va.-based WestStar Mortgage Inc., a privately held residential mortgage company licensed to operate in 40 states. The transaction involved $53.2 million in cash and $13.5 million in company shares, for a total purchase price of $66.7 … Continue reading J.G. Wentworth Company Acquires WestStar Mortgage