*Two Transaction Services Firms Link Up*
***Two privately-held real estate transaction services companies based in Cleveland have formed a strategic partnership. Accurate Group Holdings, Inc. (“Accurate”) has made an undisclosed investment to solidify its partnership with national title and settlement company OPTIMA Lender Services, LLC (“OPTIMA”). The investment and partnership signifies the interest of these privately-held companies to work together more closely to help grow each business.
****“We’re excited to be associated with an industry leader experiencing explosive growth nationally,” says OPTIMA CEO Monique Winston. A newer player in the real estate transaction space, the certified Minority Business Enterprise (MBE) launched in 2011, has already earned recognition and secured major clients. “Although Accurate is larger than we are and has been around longer, they share our high standards of excellence and an interest in utilizing cutting-edge, customer-friendly technology solutions.”
****The two companies also share a commitment to inclusion. “It was great to find a respected MBE partner demonstrating its desire to impact minority- and women-owned enterprises positively,” says Paul Doman, CEO of Accurate. “OPTIMA’s presence in the first mortgage space will further enhance our offerings and broaden our market opportunities. We are proud to partner with OPTIMA to expand our business and our commitment to diversity.”
****OPTIMA is on pace to double its revenue in 2013 and expects to expand its market share by leveraging its newest partner’s cost-effective valuation appraisal capabilities. Accurate continues to experience rapid growth in 2013 and is actively adding capabilities and investing in new opportunities to execute on its aggressive growth plans.
****The Accurate Group provides national real estate transaction services to the financial services industry with a focus on title information, valuation services and loan due diligence services. OPTIMA Lender Services, LLC is one of the few minority-owned and controlled vendor management/national title and settlement companies in the country. It provides clients with third-party services related to residential and commercial loan portfolios, including full title and settlement services on residential and commercial properties for purchase and refinance transactions, as well as certain title and settlement services to support the default and REO process. Additionally, OPTIMA offers title services for post-closing and audit functions to assist in the “clean up/correction” of deficient loan portfolios. OPTIMA clients include government organizations and private financial institutions.