A new title and closing outsourcing business – A360 Real Estate Solutions – has been launched by ARMA Acquisition, a Florida-based investment group that offers business solutions to the financial services, real estate and legal services industries.
Pam Murphy is senior vice president of operations for the new business.
A360 Real Estate Solutions is a national fulfillment service center for real estate title and settlement related services.
“General compliance costs and operational complexities associated with the [Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures, or TRID, rule] have placed mid-tier title and closing agencies at a disadvantage. These small businesses need access to better technology and more cost-effective fulfillment services,” says Scott Brinkley, CEO of ARMA, in a release. “A360 Real Estate Solutions was formed to provide just that: outsourcing and technology solutions to assist with new lender requirements, regulatory compliance and stricter underwriter guidelines, in addition to operational aspects like systems integration, vendor management and pre- and post-closing data security.”
Based in Tampa, Fla., with nationwide capabilities, the new company offers customized preparation of title searches and commitments, title policy typing, process management, data support and integration, staff outsourcing for title curative and production, post-closing support, as well as closing support for both purchases and refinances.
Murphy has more than 25 years of industry experience.
“Having worked in the mortgage servicing, default, title agency and closing space, Pam’s knowledge of all facets of this intricate industry lends perfectly to the vision of A360 RES,” Brinkley says in the release. “Her previous position as chief operating officer of Pierce & Associates PC, a default servicing law firm in Chicago, gives Pam a unique understanding of the challenges law firms, title companies and their clients encounter. We are fortunate to have her leading this new venture.”
ARMA Acquisition announced in April that it had acquired C2C Title Services LLC, a national provider of title data and abstracting solutions.
In February of this year, the company announced that it had purchased Firm Solutions LLC, a Tampa-based provider of specialized consulting and practice management solutions to law firms nationwide.
In 2014, ARMA acquired mortgage technology provider assure360.