The refinance experience is only as fast as its slowest step, and title insurance has traditionally been one of the least understood steps in the process – and, therefore, perceived as one of the most unpredictable. But the right technologies are making it possible to deliver instant title decisions for qualified files, reducing cycle times, operational drag, and most importantly, borrower frustration.
When done right, instant title is a win for both lenders and borrowers: it allows clear-to-close files to move forward faster, helps teams focus on the transactions that need more attention, and provides early transparency into what’s details ⇒
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