MetaSource has acquired Dallas-based mortgage document firm Orion Financial Group in an effort to expand upon its lien release offerings.
Financial details of the transaction were not disclosed. MetaSource said it plans to retain Orion's Dallas area office. The Salt Lake City-based company already has offices in Philadelphia, Los Angeles, Phoenix, Denver, China and India.
The merger will provide MetaSource's customers with expanded options for document management, data reconciliation and quality control services. Orion specializes in providing mortgage assignments, lien releases and document retrieval to mortgage servicers, investors and lenders.
"Adding Orion to the MetaSource family perfectly complements the solutions line-up in our current portfolio," MetaSource CEO Adam ...sthed said in a news release.
