CSC Acquires PropertyInfo
FOR IMMEDIATE RELEASE
January 9, 2015
FOR MORE INFORMATION:
CSC Acquires PropertyInfo Corporation's eRecording Submitter Business
Acquisition will provide current PropertyInfo customers with access to more than 600 additional U.S. counties for electronic document recording (eRecording).
Wilmington, DE: Corporation Service Company® (CSC®), a leading provider of electronic document recording (eRecording) services nationwide, announced today that it has acquired the eRecording submitter business of PropertyInfo Corporation®, a wholly owned subsidiary of Stewart Title Company®, which is a wholly owned subsidiary of Stewart Information Services Corporation (NYSE: STC).
"We are pleased to transition our eRecording business line to the leading eRecording service provider in the industry," said Kyle Chaney, senior vice president, PropertyInfo Corporation. "PropertyInfo was one of the first companies to offer eRecording services, and we feel honored that a reputable company like CSC will continue to build upon our eRecording successes and service and support our customers as they grow their eRecording offerings to their clients."
By becoming part of the CSC network, current PropertyInfo customers will now have access to more than 600 additional counties for eRecording. CSC provides electronic recording capabilities covering approximately 90% of the population where eRecording is currently permitted and continues to work closely with state and local governments to promote eRecording where it is not yet available. CSC is a Mortgage Technology News Top 50 Service Provider.
"CSC pioneered the eRecording industry more than a decade ago and continues to extend its technological capabilities and geographic footprint," said CSC Vice President Mark Rosser. "This strategic partnership will provide Stewart's agencies and affiliates with a much broader network of jurisdictions in which to eRecord, reduce their risk, and increase the efficiency of their document recording processes. We are excited to serve these new customers."
Corporation Service Company® (CSC®), a privately held business and legal services organization, provides matter management, corporate compliance, and trustee services for companies and law firms worldwide; digital brand services for top global brands; and due diligence and transactional services for the world's largest financial institutions. Founded in 1899, CSC has nearly 2,000 employees throughout North America, Europe and the Asia-Pacific region. To learn more about CSC eRecording services, visit www.eRecording.com.