Guaranteed Rate Companies Acquires Attorneys' Title Guaranty Fund Inc.
Purchase of title insurance underwriter will create more seamless end-to-end residential transactions
"Adding ATG's team to the Guaranteed Rate team is a total win-win situation, allowing us to further serve consumers in real estate sales and the purchase process," said Guaranteed Rate President and CEO
Ciardelli added, "I have always appreciated and valued the importance of the lawyer's role in real estate transactions. That is why Guaranteed Rate is committed to the lawyer-agent business model created by ATG. We look forward to building on ATG's success by giving lawyers and consumers the technology, tools and additional support that will enable ATG to flourish in the years to come."
Of the acquisition, ATG President and CEO
Birnbaum and his team have worked for decades to continue the legacy of the organization's founders: Preserving the lawyer's role in real estate transactions for the benefit of the consumer. "Together, ATG and Guaranteed Rate can continue our mission, long into the future, by demonstrating to the public that lawyers play an essential role in protecting consumers in the largest financial transaction of their lives," Birnbaum said.
During the last ten years, Guaranteed Rate Companies has experienced explosive growth, with a record
About Guaranteed Rate Companies
Guaranteed Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in
About
Through its thousands of member attorneys, ATG has presided over more than three million home closings and provided homebuyers with competitively priced title insurance since 1964. ATG has built a significant customer base by providing excellent service at competitive prices. It has been assigned a Financial Stability Rating® (FSR) of A′ (A Prime), Unsurpassed, by the independent ratings bureau,
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SOURCE Guaranteed Rate Companies
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