General World News

SitusAMC acquires Assimilate Solutions

Real estate services and technology firm SitusAMC on Monday announced its acquisition of mortgage and title outsourcer Assimilate Solutions – the second acquisition by the New York-based firm in January, and its fourth overall in less than a year.

Terms of the deal were not disclosed.

In a statement, SitusAMC said its latest acquisition will help to expand its residential mortgage offerings. The deal also gives it an international footprint; Assimilate has offices in the Indian cities of Gurugram, Noida and Chandigarh.

Launched in 2012, Assimilate outsources lenders’ document preparations for new and active loans as well as documentation for title, escrow and details ⇒

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