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

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