Mortgage tech company Consolidated Analytics acquires Investor Claim Solutions

By Housing News

Santa
Ana,
California-based
mortgage
services
and
data
firm


Consolidated
Analytics

announced
on
Friday
that
it
has
acquired
the
assets
of
investor
claims
and
loss-analysis
company

Investor
Claim
Solutions

(ICS).

Consolidated
Analytics
is
a
private
company
and
terms
were
not
disclosed.
The
company
stated
that
the
acquisition
will
help
it
improve
its
overall
market
position
as
a
mortgage
industry
services
provider.

“This
strategic
asset-based
acquisition
marks
a
significant
expansion
of
Consolidated
Analytics’
service
offerings,
reinforcing
its
position
as
a
premier
provider
of
mortgage
solutions,”
the
company
said
in
its

announcement

of
the
deal.

The
ICS
assets
will
assist
Consolidated
Analytics
with
its
“existing
investor
claims
solutions
and
loss
analysis
recovery
capabilities”
and
will
provide
clients
like
mortgage

servicers
,
investors
and
other
financial
institutions
with
access
to
a
larger
suite
of
services.

“This
acquisition
aligns
with
our
strategic
vision
to
broaden
our
service
offerings
and
deliver
unparalleled
value
to
our
clients,”
Arvin
Wijay,
CEO
of
Consolidated
Analytics,
said
in
a
statement.
“Our
combined
expertise
and
resources
will
enable
us
to
offer
more
comprehensive
and
innovative
solutions,
ultimately
helping
our
clients
achieve
greater
success.”

The
deal
includes
both
proprietary
technology
and
personnel,
according
to
the
announcement.
“By
leveraging
ICS’s
proprietary
technologies
and
experienced
team,
Consolidated
Analytics
will
enhance
its
ability
to
manage
complex
mortgage
claims
processes,”
the
company
explained.

These
processes
include
those
for
loans
backed
by
federal
agencies
such
as
the


Federal
Housing
Administration

(FHA),


U.S.
Department
of
Veterans
Affairs

(VA),


U.S.
Department
of
Agriculture

(USDA),
and
the
government-sponsored
enterprises


Fannie
Mae

and


Freddie
Mac
.

ICS
launched
in
2022

following
the
acquisition

of
the
investor
claims
division
of

Dimont
&
Associates
LLC

by
Steve
Stallard,
the
managing
member
of

Mortgage
Specialists
International

(MSI),

Williams
&
Williams
Auction

and

I
Property
Claims

(IPC).

 

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