MORTGAGE CONNECT MAKES INC. 5000 LIST OF FASTEST-GROWING PRIVATE COMPANIES FOR THIRD CONSECUTIVE YEAR

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Company continues to grow national footprint with 540% growth in three years

PITTSBURGH, PA; August 23, 2022 – Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, and servicers, announced today that it has made Inc. 5000’s list of Fastest-Growing Private Companies, coming in at No. 1200, achieving its highest ranking to date.

The ranking recognizes the company’s 540% growth over the last three years as it successfully expands operations to accommodate more customers nationwide.

This is the third consecutive time Mortgage Connect has made the Inc. 5000 list and the fourth time overall. It first earned the recognition in 2017, coming in at No. 1504. Then, in 2020 and 2021, it was ranked No. 3866 and 1476 respectively.

“The Mortgage Connect team is honored to be recognized again by Inc. 5000 for its continued growth in a market that is currently facing many challenges,” said Jeff Coury, Chief Executive Officer of Mortgage Connect. “This ranking reflects our commitment to bring quality services and innovation to the mortgage lending space – principles that have guided us from the very beginning, when we founded Mortgage Connect more than a decade ago. With this foundation, we have grown to become one of the country’s largest independent mortgage service providers.”

The annual Inc. 5000 list ranks privately held companies by revenue growth between 2018 and 2021. According to Inc., the companies selected have demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19.

“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, Editor-in-Chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”  

The complete list of 2022 Inc. 5000 winners can be found at www.inc.com/inc5000.

About Mortgage Connect LP

Mortgage Connect is a Pittsburgh, PA headquartered national mortgage service provider, serving the Origination, Default, Valuation, and Capital Markets sectors.  With additional offices in New York, Texas, California, Colorado, Nevada and Alabama, the company offers customizable solutions to the nation’s largest lenders and servicers, including 17 of the top 20.  Through its serve-first culture, Mortgage Connect and its subsidiaries are committed to an unwavering level of communication, education and customer service on each transaction and strive to leave an overwhelmingly positive and lasting impression with their clients and consumers.  For more information, visit www.mortgageconnectlp.com.

Contact:

Justine Irish

JIrish@valuationconnect.com

MORTGAGE SERVICING VETERAN, JANE KENNEDY, TO SPEARHEAD DEFAULT SALES & STRATEGY FOR MORTGAGE CONNECT

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FOR IMMEDIATE RELEASE          

Mortgage Servicing Veteran, Jane Kennedy, to Spearhead Default Sales & Strategy for Mortgage Connect

Pittsburgh, PA; May 12, 2022 –  Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, and servicers, today announced that Jane Kennedy has joined the company as senior vice president of sales and strategy for the company’s default division.

In her leadership role, Kennedy will oversee the progression of key initiatives including enhancing the company’s comprehensive line of default services to meet the unique requirements of today’s servicers, investors and lenders. She will also lead Mortgage Connect’s national default sales team. Kennedy, an industry veteran, is extremely well versed in the mortgage and financial services sectors. She brings with her more than two decades of experience, starting her career as an attorney focused on the banking industry. Her tenacity and hard work led her to build strategic partnerships, initially working for Land America Lender Services, before heading to another mortgage servicing company where she had worked since 2009.

“Our focus on delivering best-in-class default and loss mitigation solutions starts with the partner experience,” said Jeff Coury, CEO of Mortgage Connect. “Jane will be a key part of realizing our goal of continuing to expand our model nationwide and enable partners to enhance efficiencies, increase velocity, and to mitigate risk – all essential components in today’s volatile market.”

Kennedy says the entrepreneurial spirit of Mortgage Connect and its client centric reputation provides the opportunity to create solutions for the unique issues facing each servicer, lender or investor and to provide clients with confidence in their vendor management partnerships.

“Having worked with Jane previously, I know that adding her skill set and 25 years of client relationships to Mortgage Connect’s Servicing business is truly differentiating,” said Meghan Jones-Rolla, Chief Operating Officer of Servicing and Capital Markets at Mortgage Connect.  “She’s the perfect combination of solving a client’s needs while also ensuring the highest quality services are accomplished.”

About Mortgage Connect LP

Mortgage Connect is a Pittsburgh, PA headquartered national mortgage service provider, serving the Origination, Default, Valuation, and Capital Markets sectors.  With additional offices in New York, Texas, California, Colorado, Nevada and Alabama, the company offers customizable solutions to the nation’s largest lenders and servicers, including 17 of the top 20.  Through its serve-first culture, Mortgage Connect and its subsidiaries are committed to an unwavering level of communication, education and customer service on each transaction and strive to leave an overwhelmingly positive and lasting impression with their clients and consumers.  For more information, visit www.mortgageconnectlp.com.

Contact:

Ellie Kadz

310.502.0012

MORTGAGE CONNECT ANNOUNCES ACQUISITION OF ADFITECH

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FOR IMMEDIATE RELEASE          

Mortgage Connect Announces Acquisition of ADFITECH

Purchase Accelerates Company’s Capital Markets Offerings and Expands Quality Control Solutions for Its Mortgage Origination and Servicing Divisions

Pittsburgh, PA; April 12, 2022 –  Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, and servicers, formally closed a deal today for the purchase of ADFITECH, Inc.

For 40 years, ADFITECH, which is an approved third-party review (TPR) firm, has established itself as a premium provider of outsource mortgage services, including quality control, due diligence, fulfillment, and document management services. Founded in 1983, the company is one of the very first mortgage quality control companies and currently serves over 500 diverse clients, including six of the top 10 lenders, Wall Street firms, and numerous banks and mortgage operations.

ADFITECH’s long standing compliance and loan quality expertise complements Mortgage Connect’s existing origination, servicing and capital markets suite of products and services.  Beyond offering title and valuation due diligence, Mortgage Connect is now well equipped to deliver a full suite of credit, compliance, and servicing reviews catered specifically to secondary market participants buying, selling, or structuring residential mortgage-backed securitizations (RMBS).

“We’re excited to welcome ADFITECH to our family of companies. This acquisition significantly scales up our capital markets offerings and delivers essential risk management, servicing, and capital markets securitization services, all under one roof,” said Jeff Coury, CEO of Mortgage Connect. “We will continue strategic investments in technologies, intelligence, and solutions to help clients efficiently navigate market demands while reducing the risks associated with loan quality.”

Under the continued direction of ADFITECH leadership, including Founder and CEO Tom Apel and President Dru Jacobs, the entire ADFITECH executive team and staff will remain on board and align synergies with Mortgage Connect to leverage its value proposition and best-in-class services for clients and their consumers.

“This partnership creates a national leader of services for the mortgage industry with a strengthened foundation better able to serve our clients in both times of interest rate uncertainty and origination volume growth,” Apel said. “Further, our partnership with Mortgage Connect creates an opportunity to continue to accelerate our technology investments that will create a truly differentiated provider for the mortgage industry.”

About Mortgage Connect LP

Mortgage Connect is a Pittsburgh, PA headquartered national mortgage service provider, serving the Origination, Default, Valuation, and Capital Markets sectors.  With additional offices in New York, Texas, California, Colorado, Nevada and Alabama, the company offers customizable solutions to the nation’s largest lenders and servicers, including 17 of the top 20.  Through its serve-first culture, Mortgage Connect and its subsidiaries are committed to an unwavering level of communication, education and customer service on each transaction and strive to leave an overwhelmingly positive and lasting impression with their clients and consumers.  For more information, visit www.mortgageconnectlp.com.

About ADFITECH, Inc.

Founded in 1982, ADFITECH has earned an impeccable reputation in the mortgage industry as the premier provider of outsourced mortgage quality control, due diligence and mortgage fulfillment services. From its 15-acre corporate campus in Edmond, Oklahoma, ADFITECH’s army of dedicated employees review and validate countless pieces of critical information vital to the wellbeing of an ever increasingly regulated mortgage industry.  For more information on ADFITECH, visit ADFITECH’s website at www.adfitech.com.

Contact:

Ellie Kadz

310.502.0012