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Guaranteed Rate Companies Acquires Attorneys’ Title Guaranty Fund Inc. | News

Acquire of title insurance plan underwriter will produce extra seamless conclude-to-conclude residential transactions

CHICAGO, April 4, 2022 /PRNewswire/ — Assured Amount Organizations, a leader in home loan lending and electronic financial services, announces right now that it has shut on its acquisition of Attorneys’ Title Guaranty Fund Inc. (ATG), a Chicago-based title insurance underwriter.

“Introducing ATG’s team to the Guaranteed Amount team is a total get-earn scenario, allowing us to further more provide shoppers in genuine estate gross sales and the invest in procedure,” explained Certain Amount President and CEO Victor Ciardelli.

Ciardelli included, “I have often appreciated and valued the importance of the lawyer’s job in actual estate transactions. That is why Confirmed Amount is dedicated to the law firm-agent business model made by ATG. We seem forward to building on ATG’s success by giving attorneys and individuals the know-how, resources and additional guidance that will enable ATG to prosper in the several years to come.”

Of the acquisition, ATG President and CEO Peter Birnbaum explained, “This is a really exciting opportunity for our law firms, crew customers and prospects. With the assistance of Certain Price, ATG will go on to be the one most ardent and helpful advocate for attorneys in the conveyancing process. We are fired up to be component of such an progressive, tech-forward organization that is committed to preserving the lawyer-centric assistance product that has described ATG’s achievement around the yrs.”

Birnbaum and his staff have labored for decades to continue on the legacy of the organization’s founders: Preserving the lawyer’s job in genuine estate transactions for the profit of the client. “Collectively, ATG and Guaranteed Amount can go on our mission, extensive into the upcoming, by demonstrating to the general public that lawyers enjoy an essential job in safeguarding buyers in the most significant financial transaction of their lives,” Birnbaum reported.

Throughout the last 10 yrs, Certain Charge Firms has professional explosive advancement, with a history $116 billion in total loan quantity in 2021 by yourself. This acquisition will allow an even much more seamless practical experience for people in new marketplaces, develop the lawyer-centric product and bolster Certain Rate’s continued growth into a broader variety of financial services.

About Assured Amount Firms

Certain Level Firms is a chief in home loan lending and electronic financial services. Headquartered in Chicago, the Confirmed Level Providers has additional than 10,000 workers in about 850 branches throughout the U.S., serving all 50 states and Washington, D.C. Considering the fact that its start in 2000, Certain Level Firms has assisted additional than 1 million owners with residence obtain loans and refinances, with a complete bank loan volume of extra than $116 billion in 2021 by yourself. The organization has cemented itself as an marketplace leader by introducing innovative engineering, giving low fees and delivering unparalleled consumer company. Honors and awards include: Top Lender for On the net Company for 2018 by U.S. Information & World Report Most effective Home finance loan Loan provider for Online Loans and Greatest Home finance loan Loan company for Refinancing by NerdWallet for 2021 HousingWire’s 2020 Tech100 award for the company’s marketplace-top FlashClose℠ engineering No. 3 ranking in Scotsman Guide’s 2021 record of Top rated Retail Home finance loan Creditors Chicago Agent Magazine’s Lender of the Calendar year for 6 consecutive many years and Chicago Tribune’s Top Workplaces record for seven consecutive many years. Visit charge.com for a lot more information and facts.

About Attorneys’ Title Warranty Fund Inc.

By way of its countless numbers of member lawyers, ATG has presided over extra than three million residence closings and furnished homebuyers with competitively priced title insurance policy because 1964. ATG has created a sizeable client foundation by giving excellent provider at competitive charges. It has been assigned a Economical Balance Rating® (FSR) of A′ (A Prime), Unsurpassed, by the impartial ratings bureau, Demotech, Inc. ATG has been bundled in the Crain’s Chicago Business record of “Chicago’s Greatest Privately Held Companies,” for 5 consecutive decades, which include January 2022. In addition, ATG has a Promises-Spending Potential Score of A- from the Kroll Bond Score Company, Financial Establishments: Title Insurance coverage Rating Report. For far more information and facts, see atgf.com/aboutATG/about-us. In addition to title insurance plan, ATG features other law and housing-related providers via its subsidiary businesses. For far more information and facts, take a look at atgf.com/aboutATG/atg-subsidiaries.

Piper Sandler & Co. and Conlon and Enterprise served as monetary advisors to ATG David T. Brown and Peter A. Shepard of Much Law P.C., served as lawful counsel to ATG.

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