Dolan Media (DM) Subsidiary Completes Acquisition of National Default Exchange

September 2, 2008 5:04 PM EDT

Dolan Media Company (NYSE: DM) today announced that its majority-owned subsidiary, American Processing Company, has closed the acquisition of National Default Exchange.

Dolan Media also announced today that NDEx entered into a long-term services agreement to provide mortgage default processing services to the law firm of Barrett Daffin Frappier Turner & Engel L.L.P.

NDEx provides mortgage default processing services in Texas, California and Georgia, three of the top 10 states in residential mortgage default starts. APC provides similar mortgage default processing services in Michigan, Indiana and Minnesota. In addition, NDEx provides property title services and licenses specialized software for the mortgage banking industry.

Dolan Media Company, through its subsidiaries, provides business information and professional services to the legal, financial, and real estate sectors in the United States.

Related Categories

Mergers and Acquisitions

Stocks Mentioned

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?