"According to the company, this can help identify common issues such as liens, title errors, or unclear ownership that can otherwise slow or derail a closing."
"VeriTitle helps lenders streamline decision-making and fuels faster, more efficient closings, helping foster stronger relationships with their borrowers and grow their mortgage and home equity business."
VeriTitle is a tool designed to help lenders identify potential title issues like liens and ownership errors that could complicate the mortgage closing process. By providing a preliminary title evaluation using property records and lien data, VeriTitle allows lenders to determine which loans can close swiftly and which ones need more work. This product enhances decision-making efficiency and can be integrated into existing loan origination systems, ultimately strengthening borrower relationships and growing the mortgage business.
Read at www.housingwire.com
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