As many of you know, Mid-Atlantic Settlement Services is one of many companies owned by Title Resource Group (TRG). This relationship gives us the advantage of being able to help local agents with referrals to out-of-state title companies, or to facilitate multi-state transactions. To that end, we are pleased to republish the following press release announcing that TRG has expanded into Louisiana. As a reminder, should you have a title need in ANY state, county or jurisdiction, please ask!
TITLE RESOURCE GROUP ANNOUNCES ACQUISITION OF EQUITY CLOSING SERVICES GROUP IN LOUISIANA
MT. LAUREL, N.J. and METAIRIE, La., (Feb. 2, 2009) – Title Resource Group (TRG), a full-service title, settlement and vendor management services company headquartered in New Jersey, today announced the acquisition of the assets of Equity Closing Services Group, LLC in Metairie, La., just outside of New Orleans. The firm, which was founded in 2003, will continue to operate under the Equity Closing name. The current leadership team of Paul Unkauf and Ray Benitez, the company’s former co-owners, will remain in place. The terms of the transaction were not disclosed.
Equity Closing Services Group, a title insurance agent and escrow company, will become TRG’s Louisiana platform for its Real Estate Owned (REO) property channel and its lender-driven title and escrow business.
“This acquisition will strengthen TRG’s presence in Louisiana and in the Southeast region, and does so with a local leadership team that has guided the company through the most difficult operating conditions following Hurricane Katrina in 2005,” said Don Casey, president and CEO of TRG. “Equity Closing Services Group also clearly shares our vision of innovation through technology, which we believe is paramount in operating a world-class title and escrow operation.”
“Our company’s success during the past five years has earned us this opportunity to become part of TRG, one of the nation’s leading settlement services companies,” said Unkauf. Benitez added, “We have been greatly impressed by the strategic vision of TRG’s business leaders, and we believe this change will ultimately prove to be a winning combination for us all.”
About Title Resource Group
Title Resource Group (TRG), a subsidiary of Realogy Corporation, is a full-service title, settlement and vendor management services company serving real estate companies, corporations and financial institutions in support of residential and commercial real estate transactions. Headquartered in Mount Laurel, N.J., TRG has approximately 2000 employees and 400 offices and is licensed in 43 states and the District of Columbia.
Media Contact:
Kathy Borruso
On behalf of Title Resource Group
Kathy.borruso@realogy.com
(973) 407-5041
Showing posts with label Title Resource Group. Show all posts
Showing posts with label Title Resource Group. Show all posts
Monday, February 2, 2009
Thursday, November 13, 2008
Local Company, National Scope
All real estate is local...unless you need a service in another county or state. As an agent or loan officer, you know your local title folks. You see them in your office, on the soccer fields, or at church. You know the local customs, and if you need more detail on a particularly tricky transaction, you know exactly who to call.
At Mid-Atlantic Settlement Services, we get the local thing... Ask a national title company what a Maryland ground rent redemption is and they will get halfway through their underwriting manual before they give up. They may not know you need to record in Virginia before disbursing funds. Deed of Trust? Is that a handshake agreement where no documents need to be signed because the parties trust each other? We can answer those questions without looking them up.
As "local" as we are, we are more. As a Title Resource Group (TRG) company, we are one of 25+ title and escrow companies disbursed across the U.S. If we don't have a direct operation, we have an affiliated company or law firm that can handle the transaction.
Have a Maryland, Northern Virginia or DC closing? Give us a call? Need help somewhere else? Give us a call, or click here for a map of all of our companies.
At Mid-Atlantic Settlement Services, we get the local thing... Ask a national title company what a Maryland ground rent redemption is and they will get halfway through their underwriting manual before they give up. They may not know you need to record in Virginia before disbursing funds. Deed of Trust? Is that a handshake agreement where no documents need to be signed because the parties trust each other? We can answer those questions without looking them up.
As "local" as we are, we are more. As a Title Resource Group (TRG) company, we are one of 25+ title and escrow companies disbursed across the U.S. If we don't have a direct operation, we have an affiliated company or law firm that can handle the transaction.
Have a Maryland, Northern Virginia or DC closing? Give us a call? Need help somewhere else? Give us a call, or click here for a map of all of our companies.
Mid-Atlantic Settlement Services
11350 McCormick Road Executive Plaza III, Suite 200
Hunt Valley, MD 21031
(800) 530-9372
Fax (800) 710-9918
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