Acquisition of Placer Title Servicing
- Friday, March 12, 2010
March 12, 2010
Del Toro announces acquisition of servicing portfolio from Placer Title
San Diego based Del Toro Loan Servicing, Inc. a provider of services to the Private Lending industry, purchased the accounts of the 20 year old company, in an all cash deal. Letters were mailed to over 600 Placer Title clients last week informing them of the transfer.
Already one of California’s fastest growing Lender Services Companies, the acquisition will increase Del Toro’s portfolio by 25% and establish a strong presence in the central and northern CA markets.
With financial institutions holding tight to desperately needed money, the Private Lender is filling the need for funds on quality housing deals and small business opportunities. Del Toro is committed to providing these venture capitalists with the tools needed to effect sound transactions and maintain compliance and cash flow.
Visit www.DelToroLoanServicing.com for other important announcements and links to valuable industry websites and organizations.