DataQuick Integrates MDA Lending Solutions, MDA MindBox Into One Organization
Atlanta, GA – May 2, 2011 – (RealEstateRama) — As a result of TPG Capital’s purchase of MDA DataQuick, MDA Lending Solutions and MDA MindBox in January, the three companies will integrate their operations effective May 2, 2011. The combined company, which will operate under the name DataQuick®, will deliver advanced real estate information solutions powered by higher quality data, analytics and advanced decisioning.
DataQuick provides lenders, servicers, real estate companies and secondary market investors with one source for customer-focused solutions across a national footprint. The capabilities of these formerly separate companies will be aggregated under one management team, under the direction of president John Walsh.
“While the property information businesses have always shared resources, integrating our operations will provide customers and business partners complete access to all of our capabilities,” Walsh said. “This integration will enable DataQuick to create innovative product solutions that combine our market experience with better data and analytics.”
The combined company offering includes appraisal, title, flood, credit and settlement services, performed by the former MDA Lending Solutions, combined with the real estate property data, analytics and advanced decisioning synonymous with the DataQuick name.
“Our clients in the lending community have said that the market lacks a provider who can effectively solve business problems by deploying a broad range of capabilities across a national footprint,” Walsh said. “DataQuick fills that gap by delivering unique customer-focused solutions that drive time, cost and risk out of real estate transactions and portfolio management.”
About DataQuick
San Diego-based DataQuick delivers advanced information solutions powered by higher quality data, proprietary analytics and automated decisioning across a national footprint. The company drives better decision making and improved profitability for the real estate, mortgage lending and secondary investor markets. DataQuick’s integrated solutions include property data and analytics, appraisals and non-appraisal evaluations, flood determinations, mortgage credit reports, automated valuation models, automated decisioning software, title insurance and property information, property research portals and marketing tools. For more information, visit the company’s website at www.dataquick.com, on LinkedIn or on Twitter at @DataQuick.
