Stewart acquires ProTitleUSA and DocSolution
Stewart Title has acquired ProTitleUSA and DocSolutionUSA, adding title analytics, portfolio diligence, mortgage-document generation, and due-diligence capabilities to its lender-services business.
The companies support servicers, investors, and capital-markets clients across the real estate and mortgage lifecycle. Stewart said the acquisitions expand its centralized title-services scale and strengthen its offerings for lenders, servicers, and institutional real estate clients.
ProTitle and DocSolution will add analytics, product-creation, and automation capabilities to Stewart’s existing title, closing, settlement, and mortgage-services platform.
“Both of these companies bring specialized expertise that aligns with Stewart’s long-term strategy for our centralized title services. Together with our existing offerings these businesses expand our scale in title services, strengthen our lender and servicer offerings for investors and capital market clients and add innovative analytic and document generation capabilities that are highly complementary to our existing platform.” – Stewart CEO, Fred Eppinger.
As an aside, Rocket Title, a Rocket Companies business and competitor to Stewart Title in residential title insurance and settlement services, has filed a technology-enabled title insurance product for residential refinances in Alabama, Connecticut and Virginia. “The product reduces title review time from approximately 3 days to approximately 1 hour utilizing assistive technology including automated eligibility determination via the Rocket Title Intel automated title search and decision engine or a comparable decision engine authorized by the Company.”
