June 15, 2010

Southfield, Michigan

 John Bourbeau Jr.,  President of Hestia LLC is pleased to announce the formal affiliation of Hestia Real Estate Services (“Hestia”), with National Real Estate Information Services (“NREIS”) a Pittsburgh, PA – based provider of real estate services to the U.S. mortgage and real estate industries.  Hestia will market the broad range of commercial and residential products and services to its clients and prospects in the Michigan market and nationally. 

Robert W. Leonard, Managing Director, commented on the opportunity, “Through our affiliation with NREIS, Hestia will be able to provide one-stop, turn-key capabilities to our clients and relationships in the financial services market.  Too many of our clients are relying exclusively on their internal capabilities and not realizing the efficiencies of a national, vendor management company”

John Bourbeau Jr. said, “We are excited about the opportunity to expand NREIS’s already strong market position in this market and others. “   

NREIS is a one of the largest vendor management companies in the country.   Having started over 25 years ago, NREIS processes 150,000 real estate information products each month, and includes among its clientele 8 of the 10 largest residential mortgage originators in the country.  NREIS employs over 1000 people and services hundreds of corporate and financial services clients. 

Hestia is a Michigan-based provider of products and services to the commercial and residential real estate and mortgage industries.  From title insurance to property valuations, settlement and default services, we provide our banking, insurance and corporate clients the range of services required.