PNC To Consolidate National City Processing Centers

Posted by Orb Staff on July 24, 2009 No Comments
Categories : Residential Mortgage

nancial Services Group Inc., which acquired National City Corp. last year, plans to consolidate National City's mortgage processing operations, according to a report from the Pittsburgh Business Times. PNC Chairman and CEO Jim Rohr, in an earnings call Thursday, said more than 90 National City processing operations will be combined into two locations: one in Pittsburgh and one in Chicago. National City Mortgage's servicing operation will remain in Miamisburg, Ohio, according to PNC spokesperson Fred Solomon. According to the Pittsburgh Business Times news item, Solomon said National City's operations will be completely integrated into PNC's operations before 2011. SOURCE: Pittsburgh Busines

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