review, audit and fulfill orders for clients. “Quandis’ solution gives us complete control over our BPO process and provides us with visibility over agents working with us in the field, which has resulted in our ability to quickly, efficiently and cost effectively deliver accurate, well-documented BPOs to our clients that helps eliminate risk,” said Richard Johnston, senior vice president at BAM.
Indecomm Acquires Mortgage U and Rebrands as Indecomm-Mortgage U
DataQuick has announced the rebranding of Rels Title, which was acquired by DataQuick in September of 2012, to DataQuick Title.
Carrington Holding Company LLC has announced that it is renaming several of its businesses in an initiative designed to bring the entire Carrington family of companies under one brand umbrella, more effectively leverage the Carrington name and capitalize on the full continuum of services offered by the organization’s various business units. All management, personnel, ongoing business operations and principal executive offices will remain the same. As part of the rebranding activities, the company’s national residential real estate brokerage, Atlantic & Pacific Real Estate LLC will operate as Carrington Real Estate Services LLC, while Atlantic & Pacific Foreclosure Services LLC and Atlantic & Pacific Document Services LLC will operate as Carrington Foreclosure Services LLC and Carrington Document Services LLC respectively. Specialized debt resolution services provider Compass Resolution Services LLC will operate as Carrington Resolution Services LLC and White Van Real Estate Services LP, which offers a full range of inspection, property preservation, maintenance and repair services to lenders, servicers and asset managers, as well as institutional clients, private real estate investors and real estate agents, will operate as Carrington Home Solutions LP. Carrington is also renaming its business units currently housed under the Telsi brand. Telsi Real Estate Solutions LLC, and Telsi Escrow Inc. will become Carrington Title Services LLC, and Carrington Escrow Inc. The rebranded business units join several business units already operating under the Carrington brand, including Carrington Property Services LLC (property asset management); Carrington Mortgage Services LLC (loan origination and servicing); Carrington Capital Management LLC (investment managecontinued on page 42
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n National Mortgage Professional Magazine n JUNE 2013
Rels Title Fully Integrates into DataQuick, Now Known as DataQuick Title
Carrington to Consolidate Several Businesses Under One Brand
NationalMortgageProfessional.com
Indecomm Global Services has acquired the assets of Mortgage U Inc. The acquisition will allow Indecomm to expand its learning and mortgage training offerings as well as its total compliance support and consulting. Indecomm’s new mortgage learning services will be branded as Indecomm-Mortgage U. “The acquisition of Mortgage U completes a process begun over two years ago when Indecomm and Mortgage U signed an alliance agreement,” said Rajan Nair, president, Financial Services, Indecomm Global Services. “Mortgage U and Indecomm share a common philosophy and dedication to clients across a wide spectrum. It is a virtuous cycle of technology and content, which will enhance Indecomm’s ability to serve our clients.” This acquisition comes at a propitious time in the industry as the surge of new regulations is redefining the mortgage business. Indecomm’s partnership with its clients will be enriched by the products and services that Mortgage U brings to Indecomm. This includes the Mortgage U Health Check, which enables companies to measure and monitor their policies and procedures, and its state-of-the-art policy and procedure manuals, which have become industry standards. Combining Indecomm’s proprietary Yellow Platter Learning Management System and Mortgage U’s extensive training content will provide lenders and servicers with an easily accessible source of off-the-shelf content and assessments. These courses cover all the functions within the origination channel of a lender: Processing, underwriting, closing, and post-closing audits. In addition, several off-the-shelf training courses covering key areas in servicing will be provided as part of the solution suite.
“The transition of Rels Title to DataQuick Title signifies the fulfillment of our promise for consistency and stability to associates and customers in local markets as well as the company nationwide,” said John Walsh, president of DataQuick. “DataQuick Title customers will continue to receive the same high-quality, personalized service they have come to expect from our organization.” DataQuick Title offers a national title and settlement capability with licenses in 36 states plus the District of Columbia through local title offices across 11 states. This integration enables access to DataQuick’s national property database of more than 125 million properties and more than 267 million property transactions.