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Columbia Business Monthly

ServiceMac Locating New Operations In Lancaster County

Dec 20, 2018 08:11AM ● By Kathleen Maris

ServiceMac, a mortgage subservicing company, announced plans to locate new operations in Lancaster County. The company’s $24 million capital investment is projected to create approximately 1,000 new jobs over the next five years.

Led by industry veteran Bob Caruso, ServiceMac is backed by some of the leading practitioners in the mortgage servicing industry. Committed to providing a robust, scalable, and digitally-driven subservicing process, the company features full lifecycle management, end-to-end compliance, and tailored solutions to fit clients’ operations and priorities. ServiceMac aims to bring superior technology, products, and services to the mortgage industry, bolstered by personalized service and support with the utmost focus on customer satisfaction.

The company plans to move into a 100,000-square-foot office facility in the Bailes Ridge Corporate Park, located in Indian Land, S.C.

The Coordinating Council for Economic Development has awarded a $100,000 Set Aside grant to Lancaster County to assist with costs associated with the project.

“ServiceMac looks forward to establishing our operations in Lancaster County and being able to recruit locally from a strong talent pool," said Caruso. "We appreciate the efforts of both local and state economic development partners in helping us make the decision to locate in South Carolina possible.”

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