—Industry leader adds new geographically indexed title plants in the Dallas region—
SANTA ANA, Calif., Jan. 10, 2017– Data Trace Information Services LLC, the nation’s largest provider of data solutions to the title and settlement services industry, announced today the introduction of four new geographically indexed, P-12 compliant thick title plants in Texas. The addition of the new title plants, which are among the most robust in the Dallas region, make Data Trace the only provider in the area that offers access to both tax and title data in a single system. The new plants cover Dallas, Denton, Kaufman and Tarrant counties, with additional depth in Collin county.
"We continue to expand our capabilities in Texas and the Dallas market, building upon our industry-leading technology and advanced title plants," said Robert Karraa, president of Data Trace. "These new title plants deliver instant access to the depth and breadth of data that title companies demand.”
With these geographically indexed title plants, Data Trace enables title and settlement services companies to streamline the search of property, title and tax-related information. In addition, its unified Data Trace System empowers users to access both title data and Texas tax certificates through a single platform, a capability that is unique in the Texas market. The new Dallas area title plants, combined with integrated Texas tax certificate ordering, provide an efficient integration of high-quality data and workflow previously unavailable in the state.
Unlike title plants that are indexed only by owners’ names, Data Trace’s geographically indexed title plants post transactional data to a specific piece of land, which eliminates time-consuming searching of common names in densely populated counties. Data Trace’s title plants may be searched with multiple property parameters, including legal descriptions, subdivision names and assessor parcel numbers, which allows for faster research and identification of relevant transactions associated with the property. Access to the Texas title plants is also available via XML for simple and efficient connections to existing title production environments.
"The four new title plants continue our expansion in Texas, where 12 plants were added last spring in the Houston and San Antonio markets. Data Trace now has plants in 29 Texas counties, which cover more than 73 percent of the state’s housing stock," said Karraa. "The roll-out of these plants, coupled with the recent addition of RedVision data and resources, adds to the extensive capabilities available through the title plants Data Trace now offers nationwide."
About Data Trace
Data Trace Information Services, LLC provides advanced real estate title search technology and support services that enable settlement services companies to quickly search regional title databases through a secure application. The Data Trace system delivers title history information, property tax assessment and payment data, document images and property profiles in 37 states across the United States. With its significant geographical coverage, Data Trace’s title plant and tax database is the broadest and most comprehensive title information system available and is used by the largest national title insurance underwriters. For additional information, visit www.DataTraceTitle.com
First American Financial Corporation