Loss Mitigation Title Services
Loss Mitigation Title Services is a centralized, single-point-of-contact model that delivers comprehensive, nationwide products and services for Loan Modification, Deed-in-Lieu and Short Sale transactions. Accessible through the eConnect system, we can help create efficiencies for automated ordering, fulfillment workflow, comprehensive dashboard reporting, and real-time notifications.
Leveraging our national scope and sophisticated technology platform, eConnect, our title experts streamline the process through meticulous attention to detail, strict timeline management and stringent adherence regulatory requirements. Our collaborative approach with the servicer, combined with our flexibility to tailor workflow, enhances the customer experience.
Mortgage Connect Loss Mitigation Tile Services Benefits:
- Client Dedicated Team with Single Point of Contact
- Underwriter agnostic platform
- Multiple order & delivery methods based on client requirements
- Uniform report formatting for quick efficient reviews
- Flat-rate pricing & competitive turn times
- Workflow tracking via eConnect portal, creating efficiencies for automated ordering, fulfillment, comprehensive dashboard reporting, & real-time notifications
- Available via direct integration or batch file upload
- Unique insurance products to satisfy servicer requirements
- Knowledgeable management team with more than 40 years experience in the default space
Loan Modification Title Services
Our nationwide products and solutions support servicer and lender operations that are engaged in loan modifications and other default related activities. Our end-to-end solution is tailored to satisfy servicer requirements while meeting strict timelines during each of the loan modification stages.
- Property Report Services
- Our offering includes a variety of title search products including: one-owner property report, two-owner property report, five-year lien search, fifteen-year lien search and Commercial property report. The report are delivered in a uniform format with an optional title review sheet that will identify title issues quickly and efficiently.
- Loan Modification Insurance
- We offer a comprehensive solution for title insurance for loan modification transactions that are accepted by GSEs and other investors. The ALTA Mortgage Modification Policy (MMP) was specifically designed to meet servicer requirements for loan modifications. In the states where the MMP is unavailable, we offer ALTA Poicies and Endorsements to complete the nationwide solution.
- Document Generation Services
- The document generation technology has the ability to create a variety of real estate documents and loss mitigation type documents in a recordable format on a nationwide basis. From standard to custom documents, we have the ability to create and modify documents within a compressed timeline.
- Signing Services
- We offer multiple signing options that fits the needs for both the servicer and the borrower. Our options include mail-to-borrower and mobile notary services.
- Recording Services
- Our nationwide recording services provide a streamlined process will effectively manage the document through the entire process from receipt to recordation. Our ability to record around 70%-80% of documents electronically will improve recording turn time and also tighten physical document control.
Deed-in-Lieu & Short Sales Title Services
From initial title and curative efforts, through document preparation and execution, your dedicated Loss Mitigation specialist offers fulfillment expertise and helps streamline the process. Our experts work closely with all parties involved and follow your communications protocols and standards.
- Property Report Services
- Our offering includes a one/two owner property report which will identify title issues and assisst with determining qualification of both deed-in-lieu and short sale transactions. The report is delivered in a uniform format with an optional title review sheet that will identify title issues quickly and efficiently.
- ALTA Policies
- We offer ALTA policies for deed-in-lieu transactions on a nationwide basis. Our strategic underwriter relationships will provide continuity and stability during the title insurance component of the transaction.
- Title Curative Services
- We provide a well-trained staff of title experts who complete a thorough examination of the title search product for each property and identify and cure title problems identified from the DIL examination.
- Document Preparation Services
- Our offering includes centralized solution for document preparation services for all types of deed-in-lieu documents. Our established attorney network will ensure the documents are prepared timely and with accuracy regardless of where the property is located.
- Mobile Notary Services
- Our mobile notary services include scheduling and the completion of the signing and notarization at a time and location that is convenient to the borrower.
- Our nationwide recording services provide a streamlined process will effectively manage the document through the entire process from receipt to recordation. Our ability to record electronically combined with option to walk-in recordings will improve the turn-time of the DIL Documents during the recordation process.