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Article: GMAC Commercial Mortgage Has Acquired Mortgage Analytics

Article from:
PR Newswire
Article date:
March 2, 1998
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HORSHAM, Pa., March 2 /PRNewswire/ -- GMAC Commercial Mortgage (GMACCM) today announced it has acquired Mortgage Analytics, Inc., a privately held West Hartford, Conn.-based provider of consulting and software-development services to the commercial mortgage industry. Mortgage Analytics will operate as a wholly-owned subsidiary of GMACCM.

Terms of the transaction were not announced.

"This acquisition will strongly position GMAC Commercial Mortgage as a key provider of the quantitative and analytical tools increasingly required in commercial mortgage banking," said David E. Creamer, GMACCM's President.

"Mortgage Analytics has developed ...

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