Dolan Media Co. (DM) said that it acquired an additional 7.57% membership interest in National Default Exchange, or NDeX, increasing its ownership from 84.67% to 92.24%.
NDeX is a provider of mortgage default processing services in the United States and is part of Dolan Media's Professional Services Division.
Dolan Media acquired the interest from NDeX chairman and chief executive officer, Dave Trott, and four partners of the law firm, Trott & Trott, P.C., an NDeX customer. Dave Trott is also the managing partner of Trott & Trott.
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