Mortgage Connect LP Debuts On Inc. 5000 List Of Fastest Growing Private Companies
Company Continues to Expand Operations and National Presence Following Its Four-Year 270% Growth
PITTSBURGH, Sept. 19, 2017 /PRNewswire/ -- Mortgage Connect LP, a national mortgage service provider for the nation's largest financial institutions, investors, and servicers, has been named one of America's entrepreneurial growth leaders by Inc., ranking number 1504 overall on the 2017 Inc. 5000 list of the nation's fastest-growing private companies. The list represents the most successful companies within the economy's dynamic privately held businesses. Against a backdrop of increased regulation, a declining refinance market, and rising interest rates, Mortgage Connect has expanded to provide comprehensive mortgage settlement services and has opened offices in California, Texas, New York, Alabama and Colorado.
"It's rewarding to see our hard work reflected with a rank on the prestigious Inc. 5000," said Jeff Coury, Mortgage Connect chief executive officer. "We are proud of our growth and our ability to quickly scale yet maintain stringent quality and performance standards, and we are already prepared for a continued, stable growth trajectory. Our unique customer-centric culture coupled with strong operational excellence and superior technology play pivotal roles in our success. We will continue to invest in these areas to ensure we meet client and consumer expectations."
Mortgage Connect was recapitalized in 2012 to address the need for a high-touch, consumer-centric mortgage closing model that also addressed the rapidly changing regulatory and compliance environment. In addition to its 520% increase in mortgage closings since 2012, the company increased its U.S. based employees 216%, growing full-time staff to nearly 450.
"The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive," says Inc. President and Editor-In-Chief Eric Schurenberg. "The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them."
The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year average growth of 481%. The Inc. 5000's aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
About Mortgage Connect
Mortgage Connect, is a Pittsburgh, PA based national mortgage service provider, serving the Origination, Default, Valuation and Capital Markets sectors. With offices in New York, Texas, Alabama, Colorado and California, the company offers customizable solutions to the nation's lenders and servicers, including 3 of the top 5 and 15 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 the consumer, loan officer and the lender. For more information, visit www.mortgageconnectlp.com.
Methodology
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
SOURCE Mortgage Connect LP
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