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MDMC Expands Business Presence in Las Vegas.

Mortgage Servicing News

| September 01, 2007 | Simpson, Alton Gary | 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

SUSSEX, WI -- Mortgage Data Management Corporation (MDMC), a mortgage loan analysis firm that provides due diligence and agency delivery services, has opened a new location in Las Vegas. The company reviews a variety of mortgage loans, including prime, subprime, Alt-A, home equity and reverse mortgages. Each review covers critical data issues, legal document issues, credit underwriting and federal, state and local compliance.

The new Las Vegas office will increase MDMC's in-house review capabilities, while allowing the company to tap in to the large pool of talented underwriters in the region and make travel to on-site locations in the western region of the country more convenient. The new office will allow MDMC to remain responsive to the increased demand for due diligence reviews by expanding their project capacity. Eventually, the company plans to have up to 50 in-house underwriters at the location.

"The opening of the new facility illustrates the company's continued growth and our commitment to consistent customer service," said K.J. Eickleman, director of underwriting operations for MDMC. "Choosing to open the office in Las Vegas was a strategic decision that will not only allow MDMC to decrease the amount of time it takes to send a road team to a western state, but it also gives our employees an alternative location to visit for training."

Karen Callans is the manager of the Las Vegas office, where she manages teams of underwriters as well as all production that goes through the office. Tapping into her 16 years of management experience, Ms. Callans will train the underwriters and continuously monitor and improve MDMC's ...

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Source: HighBeam Research, MDMC Expands Business Presence in Las Vegas.

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