SitusAMC Holdings Corp., a leading provider of innovative solutions supporting the entire lifecycle of real estate finance, said today that it has fully integrated Assimilate Solutions, a leading provider of mortgage and IT outsourcing services, into its brand.
SitusAMC acquired Assimilate in January 2021, and the integration further streamlines SitusAMC's offering and enhances the services provided under its brand.
"We were happy to complete the acquisition of Assimilate earlier this year given their expertise and strong presence in the primary origination and technology outsourcing markets," said SitusAMC CEO Michael Franco. "The integration of Assimilate into the SitusAMC brand highlights our commitment to driving the diverse and unique solutions that SitusAMC has for the benefit our clients."
Founded in 2012, Assimilate has served the U.S. residential mortgage industry, leveraging deep mortgage experience to help participants realize cost and operational efficiencies. The firm's service offerings include outsourcing supporting loan origination, closing and post-closing, loan servicing, secondary market activity, and title & settlement support. Assimilate's IT outsourcing capabilities include product development, data intelligence & analytics, integration management, test engineering, application development, and digital acceleration.
The integration of Assimilate further unifies SitusAMC's India-based employees under the newly formed SitusAMC India division, which supports the firm's U.S.-based clients and workforce through scalable mortgage outsourcing capabilities and comprehensive shared services. This global delivery model enables SitusAMC to provide nearly round-the-clock support, and it augments U.S. operations with a deep bench of mortgage and technology experts.
SitusAMC is the leading independent provider of technology, strategic outsourcing, talent, and advisory solutions to the commercial and residential real estate finance industries. The company helps clients identify and capture opportunities in their real estate businesses through industry-leading services and innovative technologies that drive operational efficiency, increase business effectiveness, and improve market agility. For information, visit www.situsamc.com.
