Title companies have been under increasing pressure to increase efficiency, while also ensuring regulatory compliance and reducing costs. Across title operations, multiple parties are involved in almost every deal. Because no title agent wants to staff up, given the volume swings that the industry is seeing today, finding capable partners is the need of the hour.
Title agents need to take control of their systems and processes so that they can ensure faster closings for their lender clients. What are ways for them to do this? In a new eBook the company has published, the company outlines the 8 key ideas for title agents to ensure faster closings for their lender clients.
The work we do in the mortgage lending industry is too complex and has too many compliance ramifications; this work requires sophisticated technology,” said Alok Bansal, Managing Director at Visionet Systems. “The title industry, in particular, can significantly benefit from technology that will help them streamline and automate their workflows and meet their changing needs.”
Some of the ideas that the eBook talks through in detail include automated workflows, intelligent vendor management, integrations, ease of use, managing security and compliance, having convenient features like bulk upload, auto-typing, the role of a customer communication portal, and the ability to customize and personalize your title production platform. Download the eBook
Visionet provides back-office title services as well as a modern title production platform that meets or exceeds several or all of these requirements. With pay-as-you-go pricing to fit the specific needs and budget of each title company, Visionet’s back-office service offerings include title searches, loan reviews, loan modifications and HUD settlements to help agencies work faster, cheaper, and more accurately.
About The Author
Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at email@example.com.