Performance Group, Equinox Form Alliance

The Performance Group, a mortgage consulting firm based in Concord, N.H., and Equinox Corp., a provider of business process outsourcing for the mortgage industry based in Irvine, Calif., have formed an alliance to offer both outsourcing and consulting services.TPG assists clients through each phase of the outsourcing process, and helps them establish the metrics and controls necessary to monitor and manage the outsourcing relationship, the company said. "With the end of the refinance boom, many of our clients are seeking ways to gain better control over their variable costs, while improving service to customers," said Larry Bonifant, founder and president of TPG. "Outsourcing ... offers a viable alternative for originators and servicers to effectively resolve the issues of escalating salaries, employee training, workload leveling and, in many situations, quality improvement." The companies can be found online at http://www.tpgltd.com and http://www.equinoxco.com.