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How Mortiles use technology and vendors services to push title searches into the future

Housing Wire

What drew you to the title search industry? Erich Wiedel: When I was in high school, a friends brother-in-law owned a mortgage company, and I got a job as a loan officer. Evolving from a startup to an industry leader HousingWire: You founded Mortiles in 2006 when you were 19 years old.

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Flueid integrates with Encompass to fuel loan originations

Housing Wire

The Flueid Decision integration, built on the Encompass Partner Connect API Platform, provides greater transparency and awareness of the property’s title condition from borrower engagement through closing, according to the company.

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ServiceLink’s EXOS Title engine automates the title process so lenders can receive instant title decisions

Housing Wire

ServiceLink’s tech-enabled title solution, EXOS Title, combines cutting-edge technology and superior customer service with a nationwide footprint – ultimately getting lenders and their clients to the closing table faster. EXOS Title offers strict adherence to local, state and federal regulatory guidelines.

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Purchase market will highlight closing process problems

Housing Wire

It’s much more efficient to reach a loan officer and input an application into the pipeline than ever before. That includes procuring the underwriting policy, managing the title search, curative, TRID requirements and so forth. How long until the title search is complete?”)

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Bots are helping title industry automate tech gaps

Housing Wire

However, while the title space has made tremendous strides in recent years, there is still a tremendous amount of “button mashing” being done. Typically, a title agency may receive a new order through any number of different channels. Most of it is happening “between” technologies and systems. A buyer or seller might phone it in.

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How to Understand Real Estate Underwriting

Realty Biz

You'll need to provide documents such as: Valid ID and Social Security number Recent pay stubs W-2 or I-9 forms from the past two years Federal tax returns Recent bank statements Details on long-term debts like car or student loans Your loan officer, mortgage broker, or home lending advisor sends this information to the underwriter.

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What to Bring at Closing: For Sellers, the List Is Short and Sweet

HomeLight

But even before you get to closing, the seller has a few tasks to complete, such as making agreed-on repairs to the property and producing a title search indicating the title is unencumbered. On the designated day, all parties meet at a neutral location, such as a title company, escrow company, or mortgage lender.

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