Real estate underwriting company CATIC has announced its acquisition of Lane Guide Lenders On Line, a provider of data on individual lenders and the lending industry.
Headquartered in Reno, Nevada, the acquired firm is the holding company for the Lane Guide online lender resource used to locate lenders, financing companies and bank-owned real-estate asset managers. Lane Guide specializes in tracking down information concerning payoffs, demands, discharges, loan verification, loss mitigation and REO lender assets, bank/lender merger and successor histories on more than 160,000 lenders.
“For 65 years, Lane Guide has been a leading source of data on individual lenders and the lending industry as a whole,” said Steve McAdams, a vice president at CATIC and Lane Guide’s president. “We are pleased to add Lane Guide to the CATIC family of companies and look forward to continuing and expanding Lane Guide’s long history of providing vital data to the lending, real estate, and investment industries.”