RealEC deals with LSI

September 27, 2002

Agreement expands online ordering, delivery of appraisal, title, closing services


Inman News Features

RealEC Technologies and Lender's Service Inc. signed an agreement that will expand LSI's offerings of collateral assessment, title and closing services through RealEC Exchange, which enables online ordering and delivery of real estate-related products and services. The agreement will enable LSI to streamline delivery of title, closing and appraisal services.

RealEC Technologies President Jeff Sanderson said the company is "very pleased" about the agreement with LSI.

"LSI is a well-established leader in collateral assessment, title and closing services, and RealEC's enabling technology provides broader access to LSI's innovative products and solutions in the marketplace," he said.

LSI SVP of Client Integration Ervin Brabham said the integration allows customers to receive data and industry-standard portable document format for services ordered through RealEC.

"The RealEC Exchange enhances our ability to interact electronically with current customers and will help us penetrate new markets with our full range of collateral assessment, title and closing services," he said.

RealEC Technologies is a majority-owned subsidiary of Fidelity National Information Solutions, which is a majority-owned subsidiary of Fidelity National Financial. Stewart Title Co. and LandAmerica Financial Group also have a substantial equity investment in RealEC Technologies.

Copyright: Inman News Service


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.