RealtyTrac, the United States' leading source for comprehensive housing data, today announced it has entered the tax, deed and mortgage data licensing business, making it the first new entrant in the business in more than a decade.
For years RealtyTrac has been licensing its proprietary foreclosure database of more than 20 million current and historical foreclosure records and local & environmental data available through Homefacts. Today, it launches a nationwide property-level dataset for tax, deed and mortgage records for U.S. parcels nationwide.
“For nearly 20 years RealtyTrac has been a market leader in B2B and B2C applications for comprehensive real estate data, and we are excited to expand our data footprint and continue our mission of bringing more data to more people,” said Jamie Moyle, CEO at RealtyTrac. ”We are expanding the horizons in every direction when it comes to leveraging real estate data for personal, business and policy decision-making.
“We will continue to grow our aggregation department even further to make more data available to our customers, but this was a big step,” Moyle added. “RealtyTrac will bring the same creativity, flexibility and transparency to the market for tax, deed and mortgage data that it brought to the foreclosure data market more than 10 years ago and that it brought to the local and environmental data market two years ago with the acquisition of Homefacts.”
RealtyTrac also hired 28-year industry veteran Brian Mushaney to head up its rapidly growing file licensing division. Brian was previously with Lender Processing Services for 11 years as Senior Vice President of Sales within the Data Solution group and most recently was the Senior Executive with X1 Analytics.
“This move marks the first new entrant into data licensing since FNF purchased IDM Corporation in 2001,” said Mushaney, who was hired as Executive Vice President of Data Solutions for RealtyTrac. “RealtyTrac now offers a third option to Value Added Resellers or licensees in the industry. The main difference is our lack of channel or client-specific conflict with our potential license partners. We look to be a business partner and enable our partners with the data that is the foundation to making smart business decisions.
“Whether customers desire a bulk file license, custom API or a more creative solution, RealtyTrac has the internal knowledge and expertise to quickly enable innovative new products that continue to challenge the status quo of buying, selling and analyzing real estate,” Mushaney added.
“Just as RealtyTrac disrupted the hidden distressed market with its democratization of foreclosure data when I first joined the company nearly a decade ago, we now have the ability to be a positive disruptive force in the entire universe of housing information, in which there have been limited options to acquire and analyze record-level real estate data,” said Richard Sawicky, Senior Director of Database Technology at RealtyTrac.