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Strategic Mortgage Services Company

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BUSINESS
March 9, 1994 | Debora Vrana / Times correspondent
Appraising for HUD: Strategic Mortgage Services in Costa Mesa has signed an agreement with the U.S. Department of Housing and Urban Development to provide appraisals for its property disposition group. "Through this agreement with HUD, SMS continues to gain a significant presence in the national appraisal market," said Steve Currit, president of the appraisal division of SMS, which has $140 million in annual sales and more than 1,800 employees in 130 locations nationwide.
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BUSINESS
April 25, 1997 | JAMES S. GRANELLI
First American Financial Corp. said Thursday that it has agreed to buy all the real estate services operations of Strategic Mortgage Services Inc. except for its flood zone certification business. Terms of the transaction weren't disclosed. There will be some layoffs, but most employees will be retained, said Thomas A. Klemens, First American's chief financial officer. Job cuts won't be determined, he said, until after the acquisition. Joseph R.
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BUSINESS
April 25, 1997 | JAMES S. GRANELLI
First American Financial Corp. said Thursday that it has agreed to buy all the real estate services operations of Strategic Mortgage Services Inc. except for its flood zone certification business. Terms of the transaction weren't disclosed. There will be some layoffs, but most employees will be retained, said Thomas A. Klemens, First American's chief financial officer. Job cuts won't be determined, he said, until after the acquisition. Joseph R.
BUSINESS
February 3, 1994
Strategic Mortgage Services, which is providing inspection work to earthquake victims at cost, said Wednesday that it also will assist home mortgage lenders hurt by the Jan. 17 Northridge quake by offering them free use of its operations center for the next two months. SMS, which offers a variety of mortgage services nationwide, said the offer is open to residential mortgage lenders who suffered earthquake damage or losses to their own document processing operations.
BUSINESS
March 9, 1994 | Debora Vrana / Times correspondent
Appraising for HUD: Strategic Mortgage Services in Costa Mesa has signed an agreement with the U.S. Department of Housing and Urban Development to provide appraisals for its property disposition group. "Through this agreement with HUD, SMS continues to gain a significant presence in the national appraisal market," said Steve Currit, president of the appraisal division of SMS, which has $140 million in annual sales and more than 1,800 employees in 130 locations nationwide.
BUSINESS
February 3, 1994
Strategic Mortgage Services, which is providing inspection work to earthquake victims at cost, said Wednesday that it also will assist home mortgage lenders hurt by the Jan. 17 Northridge quake by offering them free use of its operations center for the next two months. SMS, which offers a variety of mortgage services nationwide, said the offer is open to residential mortgage lenders who suffered earthquake damage or losses to their own document processing operations.
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