TMCnet News
FIN Title Acquires Titleology AbstractFIN Title today announced it has reached an agreement to acquire Titleology Abstract Inc., the leading provider of non-insurance title reporting products serving the national market. Titleology founder and principal, Jay Jacobs, will remain in a leadership role overseeing FIN Title's uninsured title product division. "Titleology is the best abstract provider in the market so we are thrilled to welcome Titleology's extraordinary team of professionals to FIN Title," said Andy Fragassi, chief operating officer of FIN Title. "The value in their highly respected team, quality service, and the cultural fit of the two organizations creates a powerful offering for our clients, who will benefit from the expansion of our footprint as we provide non-insurance products to the lending and mortgage servicing industries through Titleology on a nationwide scale." "The mortgage industry has matured with its utilization of uninsured and insured title products based on the specific service needs," Fragassi added. "Through a combination of local boots on the ground, data, technology, and professional expertise, FIN Title is well positioned to provide best-in-class product offerings to meet these diverse needs." "This is a very close operational and cultural fit," added Jay Jacobs, principal of Titleology, Inc. "Like Titleology Abstract, FI Title is resetting industry standards, has strong relationships with customers, and places the same emphasis on delivering meaningful service promises through quality, talent, and technological innovation as we do." Terms of the transaction are not being disclosed. About FIN Title FIN Title is a tech-forward title insurance and real estate closing services company focused on a logical blend of technology and high-touch service. Founded in 2019, FIN Title is at the forefront of title automation through the use of data and machine learning to aid the title production process for refinance, purchase, default and equity transactions with faster, more accurate results. From mobile tools that enable increased customer productivity to title production automation that delivers cost savings to modern interfaces that allow seamless client-system integration, FIN Title is changing the traditional real estate closing experience, benefitting lenders, real estate brokers, mortgage servicers, GSE's and consumers alike. The FIN Title services reflect rock-solid operational excellence from a dedicated team of professionals that leverage personalized service backed by product and technology innovation, enabling the best possible experience for customers. Visit www.fintitle.com. About Titleology Abstract Inc. Titleology Abstract Inc. started in 2014 as Titleology Inc. Located in the Dallas metro area, Titleology Abstract was founded by real estate title professionals with more than 100 years of combined experience. The team embodies a focus and commitment to providing outstanding service to all parties in the real estate transaction. For more information, please visit www.titleology.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20190717005747/en/ |
