Posted by Pat on 8/19/08 11:08am
Msg #260587
FYI TransUnion Settlement Solutions, Wilmington, DE
Yesterday I received an email offer for a closing under a new program initiated by TransUnion last February. The name on the website was not TransUnion but rather MDA. When I called, I asked what MDA stands for. I was told TransUnion was bought out three weeks ago by McDonald, Detweiler and Associates, but that it was the same people with a different name and not to worry....
|
Reply by Tess on 8/19/08 1:14pm
Msg #260626
http://www.reuters.com/article/pressRelease/idUS95908+21-Jul-2008+BW20080721
From Reuters:
"MDA Announces MDA Lending Solutions, Inc. in the U.S."
WILMINGTON, Del.--(Business Wire)--
MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) is pleased to
introduce MDA Lending Solutions, Inc. in the U.S. This organization,
previously known as TransUnion Settlement Solutions, is part of the
continued strategic expansion of MDA's Information Products business
in the U.S.
MDA Lending Solutions provides advanced information solutions that
improve the decision making and operational performance of financial
services customers by driving time, cost and risk out of real estate
transactions. The company offers a comprehensive set of services for
lenders originating, servicing and securitizing real estate loans,
including collateral valuation, title and property information, flood
compliance, residential credit and loan closing/settlement products.
Headquartered in Wilmington, Delaware, the business generates
approximately U.S. $110 million in annualized revenues with
approximately 400 employees.
MDA's Information Products business in the U.S. market until now
has included DataQuick, a premier provider of real estate information
solutions, and MindBox, a provider of advanced decisioning
technologies for the mortgage industry. With the addition of MDA
Lending Solutions, these MDA owned businesses will begin a
collaborative effort to develop information solutions that leverage
their combined capabilities and experience across the financial
services industry. "The introduction of MDA Lending Solutions is a
significant step in MDA's expansion into the U.S. financial services
sector," stated Mike Dealy, President of MDA Lending Solutions. "Our
ability to leverage the combined capabilities of MDA entities like
DataQuick and MindBox allows us to deliver more value to customers and
develop improved information solutions for the financial services
market."
About MDA
MDA provides advanced information solutions that capture and
process vast amounts of data, produce essential information, and
improve the decision making and operational performance of business
and government organizations worldwide.
Focused on markets and customers with strong repeat business
potential, MDA delivers a broad spectrum of information solutions,
ranging from complex operational systems, to tailored information
services, to electronic information products.
MDA employs more than 3,000 people in locations across the United
States, the United Kingdom, and Canada. The Company's common shares
trade on the Toronto Stock Exchange under the symbol TSX:MDA.
Related Websites:
www.mdacorporation.com
www.mdasolutions.com
Forward-Looking Statements
This release contains forward-looking statements and information,
which reflect the current view of MacDonald, Dettwiler and Associates
Ltd. with respect to future events and financial performance. Any such
forward-looking statements are subject to risks and uncertainties and
MDA's actual results of operations could differ materially from
historical results or current expectations. Additional information on
these and other potential factors that could affect MDA's financial
results are detailed in documents filed from time to time with the
applicable Canadian securities regulatory authorities.
The Toronto Stock Exchange has neither approved nor disapproved
the form or content of this release.
MDA Lending Solutions
Richard Kuegler, 302-433-8014
[e-mail address]
Copyright Business Wire 2008
|
Reply by Tess on 8/19/08 1:23pm
Msg #260629
Re: Fees they pay!
Standard Notary Fee: $46.00 (exception pricing may apply).
Title Agents and Attorney Fees may vary (attach a fee sheet if necessary).
Trip Fees:
• MDA Lending Solutions will pay the full signing fee if, during the closing, the borrower decides not to complete the
closing.
• If the signing agent has a closing, but the borrower is not available for the appointment after the signing agent
arrives at the subject property, MDA Lending Solutions will pay the signing agent a $25.00 trip fee.
• MDA Lending Solutions will pay $25.00 if the borrower does not show up for a signing.
|
