AGOURA HILLS, Calif.--(BUSINESS WIRE)--DataTrace®, the nation’s largest provider of data and automation solutions to the title and settlement services industry, announced today it has been recognized by HousingWire Magazine as a 2022 HW Tech100™ Real Estate honoree. This is the second year in a row that DataTrace has been named a HW Tech100 winner in this category.
The HW Tech100 program provides housing professionals with a comprehensive list of the most innovative and impactful organizations that are providing solutions to the challenges faced by mortgage lenders and real estate professionals every day.
“This recognition reflects our industry leadership in supporting the digital transformation of the title and settlement industry,” said Robert Karraa, president of DataTrace. “Driving continuous innovation is central to our culture and this award is a result of the teamwork and commitment of our people to provide our customers with state-of-the-art solutions that fuel their businesses.”
DataTrace was recognized for its industry-leading property and homeownership data, title search technology, and automation, examination and tax determination solutions that help title and settlement companies streamline their processes, gain competitive intelligence and drive growth. The company’s solutions are powered by the country’s most complete network of fully geographically indexed title plants, providing title chains, recorded document images, legal and vesting data, tax reporting, and property and ownership data to thousands of title companies nationwide. Earlier this year, DataTrace announced the addition of more than 1,000 new title plants that leverage the latest artificial intelligence and automation technology, increasing the company’s total number of title plants to more than 1,600, covering 80% of the U.S. population.
“As the only program in the industry that highlights tech innovation, HW Tech100 is truly a special honor for these organizations that span across every aspect of the housing economy,” said Sarah Wheeler, HW Media editor-in-chief. “These companies are continuing to raise the bar in supporting a more efficient, accessible and sustainable housing economy and each year continues to be more competitive than the last.”
Data Trace Information Services LLC provides advanced real estate title search technology, automation and production services that enable settlement services companies to quickly access and search regional title databases through a secure application. The DataTrace System delivers title history information, property tax assessment and payment data, document images and property profiles in 47 states across the United States. With its significant geographical coverage, DataTrace 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.