Articles > Popular publications > PR Newswire press releases > July-September 1996 > Thursday, September 19

Article: Mortgage Corporation of America Acquires Illinois-Based Firm

Article from:
PR Newswire
Article date:
September 19, 1996
Copyright

SOUTHFIELD, Mich., Sept. 19 /PRNewswire/ -- Mortgage Corporation of America has acquired Econ Mortgage Services, a privately-owned mortgage company based in the Chicago area, specializing in non-conforming loans. The announcement was made today by Daniel O'Connor, Senior Vice President of Non- Conforming Lending for Mortgage Corporation of America.

"We're very excited about the acquisition," said O'Connor. "The Chicago area has been one of our target markets and Econ Mortgage Services has a good non-conforming loan reputation."

Econ Mortgage Services is located in Hillsdale, Ill., just outside of Chicago. The company provides non-conforming loans to brokers ... 







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