FIN Title Acquires Titleology Abstract
July 18, 2019
FIN Title announced it has reached an agreement to acquire Dallas-based Titleology Abstract Inc., a provider of non-insurance title reporting products serving the national market. Jay Jacobs, founder and principal of Titleology, will remain in a leadership role overseeing FIN Title’s uninsured title product division.
“Titleology is the best abstract provider in the market so we are thrilled to welcome Titleology’s extraordinary team of professionals to FIN Title,” said Andy Fragassi, chief operating officer of FIN Title. “The value in their highly respected team, quality service, and the cultural fit of the two organizations creates a powerful offering for our clients, who will benefit from the expansion of our footprint as we provide non-insurance products to the lending and mortgage servicing industries through Titleology on a nationwide scale.”
“The mortgage industry has matured with its utilization of uninsured and insured title products based on the specific service needs,” Fragassi added. “Through a combination of local boots on the ground, data, technology, and professional expertise, FIN Title is well positioned to provide best-in-class product offerings to meet these diverse needs.”
FIN Title was launched this year in California, while Titleology opened its doors in the Dallas market in 2014. Titleology serves the entire Texas market through a network of title companies. Terms of the transaction are not being disclosed.
“This is a very close operational and cultural fit,” Jacobs said. “Like Titleology Abstract, FIN Title is resetting industry standards, has strong relationships with customers, and places the same emphasis on delivering meaningful service promises through quality, talent, and technological innovation as we do.”
Contact ALTA at 202-296-3671 or communications@alta.org.