Financial services firm Consolidated Analytics acquires Real Info

Key Takeaways:

– Financial services firm Consolidated Analytics has acquired Real Info, Inc.
– The acquisition expands Consolidated Analytics’ valuation solutions and offers clients a comprehensive selection of collateral assessment products.
– The acquisition is expected to result in a broader client base and strengthen Consolidated Analytics’ market presence.
– The terms of the deal were not disclosed.
– Consolidated Analytics provides solutions including due diligence services, property valuations, mortgage fulfillment, and consulting and advisory services.
– Real Info developed proprietary automated valuation models (AVM) for residential properties.
– Real Info offers data subscriptions for access to specific counties, multiple counties, or entire states.
– The acquisition marks Consolidated Analytics’ fourth strategic move since inception.
– Consolidated Analytics has previously acquired Operational Excellence Now, Equitable Mortgage Solutions, and Property Services.
– Consolidated Analytics has evolved from a residential property valuation provider to a provider of complete mortgage loan life cycle solutions.

HousingWire:

Financial services firm Consolidated Analytics acquired Real Info, Inc. — a provider of property data and valuation technology solutions.

With the acquisition, Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said.

Consolidated Analytics expects the acquisition will result in a broader client base, strengthening the firm’s market presence and accelerating innovation in valuation services.

Terms of the deal were not disclosed.

The Santa Ana, California-based financial services company provides solutions including due diligence services, property valuations, mortgage fulfillment and consulting and advisory services.

Consolidated Analytics serves clients in financial services, mortgage lending, servicing and capital markets, including banks, government-sponsored enterprises (GSEs) and originators.

Launched in New York in 1995, Real Info developed a suite of proprietary automated valuation models (AVM) that derive predicted market values for residential properties, according to its website. 

Real Info provides its users with the ability to order data subscriptions for access to a particular county, multiple counties or entire states using both subscription-based and a la carte pricing models.

“This transaction underscores Consolidated Analytics’s commitment to expanding our product offerings and strengthening our position as a strategic, value-driven client partner. The Real Info acquisition marks our fourth strategic move since inception, highlighting our dedication to growth and success,” said Arvin Wijay, CEO of Consolidated Analytics.

Since its inception in 1996, Consolidated Analytics acquired mortgage operations advisory firm Operational Excellence Now (OpExNow), mortgage fulfillment provider Equitable Mortgage Solutions and Property Services — a leading provider of third-party real estate owned (REO) asset management, rental management and valuation services — prior to acquiring Real Info. 

Over the years, Consolidated Analytics has evolved from a residential property valuation provider to a provider of complete mortgage loan life cycle solutions, including valuation, due diligence, business process services and consulting and advisory.

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Property Chomp’s Take:

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Recently, financial services firm Consolidated Analytics made a significant move by acquiring Real Info, Inc. This acquisition is a strategic step for Consolidated Analytics in expanding its valuation solutions. By incorporating Real Info’s property data and valuation technology solutions, Consolidated Analytics aims to provide its clients with a more comprehensive selection of collateral assessment products.

This acquisition will not only enhance Consolidated Analytics’ market presence but also accelerate innovation in valuation services. With a broader client base, Consolidated Analytics will be able to offer its tools and services to a wider range of customers in the financial services, mortgage lending, servicing, and capital markets sectors.

Real Info, Inc. developed a suite of proprietary automated valuation models (AVM) that predict market values for residential properties. Their platform allows users to order data subscriptions for specific counties, multiple counties, or entire states. This acquisition will enable Consolidated Analytics to leverage Real Info’s technology and expertise to provide accurate and reliable market valuations to its clients.

Arvin Wijay, CEO of Consolidated Analytics, expressed his commitment to expanding their product offerings and strengthening their position as a strategic client partner. This acquisition marks the fourth strategic move for Consolidated Analytics, reflecting their dedication to growth and success.

Since its inception, Consolidated Analytics has been acquiring companies in the mortgage industry to offer a complete range of mortgage loan life cycle solutions. They have acquired Operational Excellence Now, Equitable Mortgage Solutions, and Property Services prior to the acquisition of Real Info. This growth trajectory demonstrates Consolidated Analytics’ evolution from a residential property valuation provider to a comprehensive provider of mortgage solutions.

In conclusion, the acquisition of Real Info by Consolidated Analytics is a significant development in the financial services industry. It allows Consolidated Analytics to expand its valuation solutions and provide clients with a broader range of tools and services. This acquisition strengthens Consolidated Analytics’ market presence and reinforces its commitment to growth and innovation in valuation services. With the integration of Real Info’s technology, Consolidated Analytics is well-positioned to meet the evolving needs of its clients in the mortgage industry.

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