National City Mortgage and ServiceLink Form a Joint Venture
MIAMISBURG, Ohio, Jan. 27 /PRNewswire-FirstCall/ -- In a joint statement released today, National City Mortgage, Inc. and ServiceLink, L.P., announced the formation of a joint venture to be known as NationalLink, L.P. NationalLink combines one of the nation's leading residential lenders with one of the leading closing management companies. The new company will be located in Aliquippa, Pennsylvania, which is also where ServiceLink, L.P. is headquartered. National City Mortgage, Inc. is headquartered in Miamisburg, Ohio.
Rick Smalldon, President and COO, of National City Mortgage stated, "NationalLink provides us with a unique opportunity to offer better customer service, cost-savings and efficiencies in our process." The company will provide appraisal, title and closing management services to borrowers on a nationwide basis.
"We are very pleased to have the opportunity to partner with National City Mortgage in the venture," noted Jeff Coury, CEO of ServiceLink. "Our companies share a commitment to creating an outstanding customer experience. NationalLink will focus on compressing the time to close loans while maintaining the ServiceLink quality standard and will operate as a seamless extension of National City Mortgage's loan fulfillment operations."
Pete Krysik, President of National City Abstract, an affiliate of National City Mortgage, began his search for a technology solution to fulfill his closing needs. "In order to control the closing process, I knew that technology was the key. We would have to build it, buy it or partner with a company that has developed it," stated Krysik. To Krysik, the relationship with ServiceLink was the appropriate decision, because of their best-in-class settlement service software and their dedication to customer service. "We determined that creating NationalLink will take us to the next level, something we could not achieve on our own."
NationalLink commenced operations on January 3, 2005.
About National City Mortgage
National City Mortgage (NCM) originates residential real estate loans through National City's more than 1,200 bank branches as well as through a network of more than 500 wholesale and retail offices located in 43 states. These loans are ultimately sold to primary mortgage market aggregators with the servicing of loans retained in the National City family. National City is recognized as one of the top 10 lenders to minorities in the United States as well as one of the top residential originators and servicers nationally. National City Mortgage's Web site can be found at: http://www.nationalcitymortgage.com/ .
About National City
National City Corporation , headquartered in Cleveland, Ohio, is one of the nation's largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri and Pennsylvania, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, mortgage financing and servicing, consumer finance and asset management. For more information about National City, visit the company's Web site at NationalCity.com.
National City Corporation
Rick Smalldon, President and COO, of National City Mortgage stated, "NationalLink provides us with a unique opportunity to offer better customer service, cost-savings and efficiencies in our process." The company will provide appraisal, title and closing management services to borrowers on a nationwide basis.
"We are very pleased to have the opportunity to partner with National City Mortgage in the venture," noted Jeff Coury, CEO of ServiceLink. "Our companies share a commitment to creating an outstanding customer experience. NationalLink will focus on compressing the time to close loans while maintaining the ServiceLink quality standard and will operate as a seamless extension of National City Mortgage's loan fulfillment operations."
Pete Krysik, President of National City Abstract, an affiliate of National City Mortgage, began his search for a technology solution to fulfill his closing needs. "In order to control the closing process, I knew that technology was the key. We would have to build it, buy it or partner with a company that has developed it," stated Krysik. To Krysik, the relationship with ServiceLink was the appropriate decision, because of their best-in-class settlement service software and their dedication to customer service. "We determined that creating NationalLink will take us to the next level, something we could not achieve on our own."
NationalLink commenced operations on January 3, 2005.
About National City Mortgage
National City Mortgage (NCM) originates residential real estate loans through National City's more than 1,200 bank branches as well as through a network of more than 500 wholesale and retail offices located in 43 states. These loans are ultimately sold to primary mortgage market aggregators with the servicing of loans retained in the National City family. National City is recognized as one of the top 10 lenders to minorities in the United States as well as one of the top residential originators and servicers nationally. National City Mortgage's Web site can be found at: http://www.nationalcitymortgage.com/ .
About National City
National City Corporation , headquartered in Cleveland, Ohio, is one of the nation's largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri and Pennsylvania, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, mortgage financing and servicing, consumer finance and asset management. For more information about National City, visit the company's Web site at NationalCity.com.
National City Corporation
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