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Concentric Equity Partners (CEP) and TDR Capital (TDR) have announced the formation of a new holding company to establish a suite of mortgage field services companies comprised of Mortgage Contracting.

ORANGE, Calif.–(BUSINESS WIRE)–LRES, a national residential and commercial mortgage services company providing valuations, reo asset management, and HOA solutions for the mortgage and real estate.

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Wells Fargo is not responsible for the products or services offered by the real estate professional identified in any particular listing. Wells Fargo employees and their immediate family are not eligible to purchase Wells Fargo REO properties.

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Molly Merchant has been promoted to senior director of REO asset management at LRES, a national residential and commercial mortgage services company providing valuations, REO asset management and HOA.