DSNews The homepage of the servicing industry
The operations of MDA DataQuick, MDA Lending Solutions, and MDA MindBox have been integrated, effective May 2. The private investment firm ""TPG Capital"":http://www.tpg.com/ purchased the three companies in January.
[IMAGE]The resulting combined company, which operates under the name ""DataQuick"":http://www.dataquick.com and headquarters in California, delivers real estate information solutions powered by data, analytics, and advanced decisioning to lenders, servicers, real estate companies, and secondary market investors.
[COLUMN_BREAK]The capabilities of these formerly separate companies will be aggregated under one management team, under the direction of John Walsh, who will serve as DataQuick president.
""While the property information businesses have always shared resources, integrating our operations will provide customers and business partners complete access to all of our capabilities,"" Walsh said. ""This integration will enable DataQuick to create innovative product solutions that combine our market experience with better data and analytics.""
The combined company offers appraisal, title, flood, credit, and settlement services performed by the former MDA Lending Solutions with the real estate property services of DataQuick.
""Our clients in the lending community have said that the market lacks a provider who can effectively solve business problems by deploying a broad range of capabilities across a national footprint,"" Walsh said. ""DataQuick fills that gap by delivering unique customer-focused solutions that drive time, cost, and risk out of real estate transactions and portfolio management.""
