April 21, 2022
Mortgage Connect LP, a mortgage services provider, has officially acquired Adfitech Inc., a third-party review firm for mortgage services. The company plans to use Adfitech's compliance and loan quality services to complement its existing suite of origination, servicing and capital markets services and products, according to a press release.
"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," Jeff Coury, CEO of Mortgage Connect, said in the release. "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."
Adfitech will keep its executive team and staff as part of the merger.