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Midland Eyes Opportunities to Service Construction Loans.(Midland Loan Services)(Brief article)

Mortgage Servicing News

| April 01, 2007 | COPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

OVERLAND PARK, KS -- Midland Loan Services is providing additional servicing capabilities on the commercial construction loan front.

A team led by Carleen Petronio, senior vice president, will provide these services, Midland reports. The team was previously a part of PNC Bank's commercial real estate finance business. PNC is the parent of Midland. At PNC the group provided "third-party construction loan administration services" on various commercial, multifamily and residential properties. With Midland, the team will "expand its ability to deliver these services."

"Our program has a strong risk management focus with particular emphasis on ...

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