Just a few clarifications. Data Tree and Data Trace are two separate companies. Data Tree is not a system of Data Trace. Both companies are partially owned by FirstAm. Data Trace is owned 80% by First Am and 20% by LandAm. I do not know the ownership stats involving Data Tree. As a Vice President with Data Trace, I can tell you that we operate independent of either company. The reference to squabbling or competing does not apply as Data Tree and Data Trace do not offer the same products and/or services. In applicable markets we do work together but that is not always the case.
As far as the comment regarding outsourcing. There is a timing and effiencey advantage that cannot be overlooked. In addition to employing over 800 people in the U.S., we are looking for new ways to meet the demands of the title industry.
Hope this has helped clear up some of the confusion. Have a great day!
Amy
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