Houston-based real estate services firm Stewart announced it has completed its acquisition of DataQuick Lending Solution's valuation services line, marking the company's first step into the collateral valuations business.
The completed transaction significantly expands Stewart's mortgage services offerings, adding a suite of collateral valuation products to what the company already offers.
Jason Nadeau, group president at Stewart, said the firm is "thrilled to have DataQuick Lending Solutions' team of industry experts officially join the Stewart family."
"Their breadth and depth of knowledge will help Stewart continue to become the leading mortgage services provider," Nadeau said. "These valuation products will complement Stewart's existing product lines in support of home equity and first mortgage lending, as well as default and capital markets activities."