Guardian Mortgage Documents has new parent

Guardian Mortgage Documents Inc. has been acquired by a former client, LenderLive Network Inc., in the latest fallout related to Mercury Companies Inc.'s hasty exit from the title insurance and settlement services business.

Denver-based LenderLive, which provides outsourcing services for lenders, including mortgage originations, loan processing, underwriting, closing and post-closing, said it will leave Guardian's management and operations intact, with founder Michael O'Leary continuing as president of the company.

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