ProTitleUSA has completed an acquisition of document preparation and recording firm DocSolution, Inc., by Charles A. Brown and Associates, PLLC. Terms of the deal were not disclosed.
The new company will continue operating under DocSolutionUSA, LLC dba DocSolution Inc., subsidiary of ProTitleUSA with the same staff in place, located in Pasadena, Texas.
DocSolution, Inc. provides a variety of mortgage-related services focusing on preparing and recording assignments, releases, subordination agreements, modifications and tracking for both SFR and reverse-mortgage space. DocSolution specializes in HUD Claim-22 assignment workflow for reverse mortgages and collateral review on mortgage portfolios, and provides curative services.
All Charles A. Brown and Associates, PLLC employees based across the U.S. are expected to transfer to DocSolution Inc. as part of the acquisition.
Lori Lowe, managing director for Charles A. Brown and Associates, will remain in the same capacity with DocSolution. “We’re excited to join the ProTitleUSA family and implement the best-in-class technology in our company to dramatically increase production volume while maintaining the highest level of accuracy,” Lowe said. “We have worked together with ProTitleUSA for over 12 years and consider each other as family. We’re confident that as our businesses come together, our client proposition will be market-leading for all clients we service.”
Alex Goldovsky, CEO & founder of ProTitleUSA, praised DocSolution’s service-oriented approach and experienced team, which he said “will create a best-in-class company.”
He continued, “ProTitleUSA's state-of-the-art, market-proven software that includes automation with machine learning of mortgage documents and collateral loan files, OCR data extraction including Neural Net technologies, will be well-positioned for the next generation of specialized products and services that DocSolution,Inc. will offer to their clients.”
Agold Serviceds Inc. dba ProTitleUSA is a provides title search and analytics for capital markets. Founded in 2008 and based in Southampton, Pa., ProTitleUSA offers deal support with its tax and title analytical dashboard, lien validation, seller rebuttals, curative services, unrecorded lien searches, securitization 15E form support, HUD reverse mortgage specialty products, and other unique products.
