MMCM in the V7 uses the same PLL that the PLL uses.

So basically, the MMCM is just a PLL

with a few extra cool features:
Direct HPC to BUFR or BUFIO using CLKOUT[0:3]
Inverted clock outputs (CLKOUT[0:3]B)
CLKOUT6
CLKOUT4_CASCADE
Fractional divide for CLKOUT0_DIVIDE_F
Fractional multiply for CLKFBOUT_MULT_F
Fine phase shifting
Dynamic phase shifting