Fidelity National Financial has added mortgage lien release products and services to its belt with the acquisition of DOCX LLC, the company said today.
DOCX LLC provides mortgage lien release products, assignment services, county recording office requirements and fee calculators to the mortgage banking industry.
Headquartered in Alpharetta, Ga., DOCX provides outsourced lien release and assignment services to mortgage lenders, including some of the largest mortgage lenders in the country. DOCX also offers a lien release software platform that can be licensed for use in an in-house environment and maintains a national database of county recording office information and recording fee and transfer tax calculators that can be accessed electronically through the patent-pending Feewise calculator.
“The acquisition of DOCX enhances the scale of our lien release capabilities and provides access to a marquee customer base,” said Fidelity Executive Vice President Ernest D. Smith. “It also provides a viable in-house software platform that can now be provided to those potential customers who operate through an in-house lien release model.”
Fidelity’s title operations also can use the Feewise calculator to automatically calculate closing fees, he said.
Fidelity National Financial provides products and outsourced services to financial institutions and the real estate industry.
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