SAN DIEGO, Nov. 2, 2011 /PRNewswire/ -- Two Southern California Loan Servicing Companies, Del Toro Loan Servicing, Inc. and ARX Financial, Inc. recently celebrated the completion of a strategic merger. Under terms of the agreement, ARX President, Robert McCrackin IV will join Del Toro as Director of Loan Servicing. The merger will meld ARX's 20 years of experience with Del Toro's arsenal of technology and personnel.
"This merger makes tremendous sense for our clients and employees. Robert brings with him the attention to detail and proactive work ethic that is often lost in the quest for efficiency. He is a key ingredient in our commitment to deliver a superior Loan Management Experience," said Drew Louis, Del Toro President and CEO. "While most companies are fighting to stay alive in the real estate industry, we have collectively established a high quality, cost effective resource for the private lender and broker," he added.
Del Toro was started by Louis in 2005 after a 15 year career in investment banking. His wife Elizabeth also left the financial industry to co-found the company. The combined companies will operate under the Del Toro name and brand with corporate headquarters located in San Diego, CA.
For information on the company's document preparation, loan servicing, foreclosure assistance, or any other inquiry please contact Del Toro at (619) 474-5400 or loanservicing@deltoromail.com.
SOURCE Del Toro Loan Servicing, Inc.
