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MDA Lending Solutions Names Mortgage Industry Veteran John Walsh as New President of MDA DataQuick Division


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© Business Wire 2008
2008-08-28 20:33:02 -

www.mdasolutions.com - For MDA Lending Solutions Media Contacts David Jones, 678-781-7238 or Elizabeth Salter, 678-781-7224 MDA Lending Solutions, a subsidiary of Vancouver, British Columbia-based MacDonald Dettwiler and Associates (MDA), has named John Walsh as the new President of its MDA DataQuick(R) division. Walsh is tasked with managing the day-to-day operations of the company, which monitors real estate

activity nationwide and provides information to consumers, educational institutions, public agencies, lending institutions, title companies and industry analysts.

"MDA DataQuick boasts a long, distinguished track record of proven success for its customers, and I am excited to have the opportunity to contribute to growing what is already a premier brand within the industry," said Walsh. "I believe that the combination of DataQuick's experience in software development, data management and analytics and MDA's diverse product line puts us in a unique position within the marketplace to help lenders, real estate professionals and title agents effectively manage real estate values and the growing number of foreclosures that typify today's volatile lending environment. The industry needs more cost effective, efficient and objective alternatives to their current processes, and we are well positioned to meet their needs."

Through a recent acquisition, MDA DataQuick joins MDA MindBox(R) under the umbrella of MDA Lending Solutions. The combined companies bring together all the key pieces needed for delivery of advanced information solutions to the lending, real estate and title industries. MDA Lending Solutions' traditional services include collateral valuation, title and property search, flood compliance, residential credit and closing/settlement products. Added to this will be MindBox's advanced decisioning technology and DataQuick's data and analytics.

Walsh has more than 20 years of proven experience within the mortgage and technology industries and most recently served as president of San Diego-based Del Mar Database (now Del Mar DataTrac), the leading provider of technology solutions to residential lenders. Previously, Walsh was the president of Oakland, Calif.-based RF/Spectrum Decision Science Corp. and chairman and CEO of Burlingame, Calif.-based PureCarbon, Inc. (now Workstream, Inc.).

Additionally, Walsh held senior management positions at Woodland Hills, Calif.-based Weyerhaeuser Mortgage, Seattle, Wash.-based SeaFirst Bank and Oakland, Calif.-based All Pacific Mortgage. He earned a bachelor's degree from California Lutheran College, graduating summa cum laude and holds a master's degree in business administration.

About MDA DataQuick

MDA DataQuick is a provider of U.S. property information and solutions for Realtors(R), title insurers, mortgage lenders, investigators, appraisers and insurance providers. The company, which draws information from a real property repository containing data on close to 100 million properties across the nation, combines timely, in-depth national real estate information with more than 30 years of product leadership, technological innovation and quality.

MDA DataQuick was the first company in its field to offer real property data online and to align with third-party vendors to increase geographic and value-added scope. For more information about the company, visit www.dataquick.com.

About MDA Lending Solutions, Inc.

MDA Lending Solutions provides advanced information solutions that improve the decision making and operational performance of customers by driving time, cost and risk out of real estate lending transactions. The company offerings include MDA DataQuick(R), MDA MindBox(R) and traditional settlement services, such as collateral valuation, title and property search, flood compliance, residential credit and closing/settlement products. MDA DataQuick(R) offers a wide range of information including property history and characteristics, sales and loan information, market valuation, as well as neighborhood information. MDA MindBox(R) is a leading provider of advanced decisioning solutions featuring automated rules-based decisioning technology that optimizes customer interactions and streamlines back-end workflow and business operations for the mortgage lending community. The combined company is headquartered in Wilmington, Del.

Related Websites:

www.mdacorporation.com

www.mdasolutions.com

www.dataquick.com

www.mindbox.com

Walsh Brings More Than Two Decades of Technology and Industry
Experience to New Post


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