M&M Mortgage Services Acquisition
LEWISVILLE – Mortgage Contracting Services has reached an agreement to acquire Miami-based M&M Mortgage Services, the company said in an announcement.
“Integrating M&M with MCS allows us to expand our operations in Miami and strengthen our vendor network nationwide,” said Caroline Reaves, MCS Chief Executive Officer.
“We are excited to welcome M&M’s employees so that we can combine MCS’ industry-leading experience with the passionate commitment that M&M pursues with each of its clients.”
Under the agreement, Armando Sanz, M&M’s Vice President of Operations, will be joining the MCS management team to continue to oversee the Miami office and ensure a smooth integration and an established service level for M&M’s existing portfolio.
“Adding a great business such as M&M Mortgage Services allows us to continue our pledge to clients to improve mortgage-related processes, build innovative technical solutions, and deliver on quality using the best people from the communities where we operate,” Reaves said.
– FWBP Staff