Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
735,718-296
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
6.93%0.00
IPO / M&AReal Estate

Lereta acquires LPS Property Tax Solutions

Lereta said it has acquired the real estate tax services business of LPS Property Tax Solutions, a wholly owned division of Lender Processing Services (LPS).

Covina, Calif.-based Lereta “will fully support LPS Tax customers” with property tax services for mortgage lenders and servicers, said Dan Scheuble, LPS chief operating officer. Scheuble said LPS will work closely with Lereta during the transition to ensure a smooth conversion for customers to Lereta’s systems.

Financial terms of the deal were not disclosed.

Lereta has more than 26 years of experience in the property tax business, Lereta CEO Doug Foley said.

“Our company has been consistently healthy and strong throughout this difficult economy, and we are excited about the growth prospects and opportunities in the market today,” he said.

Kerlin Capital Group, a Los Angeles-based boutique investment bank, represented Lereta in the transaction.

Lereta provides real estate tax services for residential and commercial loans, including automated online research and certification, tax bill processing, delinquent tax services and customized tax outsourcing service programs.

kcurry@housingwire.com

Most Popular Articles

Latest Articles

Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please