WFG Launches New "Five-Second" Title Report National Home Mortgage Specialist PublicationWFG Lending Institution Solutions, in combination with its associated title insurance coverage underwriter, WFG National Title Insurance Provider (WFG), has actually revealed DecisionPoint, ..." >WFG Launches New "Five-Second" Title Report National Home Mortgage Specialist PublicationWFG Lending Institution Solutions, in combination with its associated title insurance coverage underwriter, WFG National Title Insurance Provider (WFG), has actually revealed DecisionPoint, ..." >"/> WFG Launches New "Five-Second" Title Report. | Scarab Title & Escrow Services, LLC.
WFG Lending Institution Solutions, in combination with its associated title insurance coverage underwriter, WFG National Title Insurer (WFG), has actually revealed DecisionPoint, a brand-new item that can process title demands within seconds by just utilizing the debtor’s name and the home address.

DecisionPoint utilizes an exclusive algorithm that provides a complete, comprehensive title report within 5 seconds, signaling lending institutions whether the title is “tidy,” suggesting a title insurance coverage loan policy can be provided, or whether alleviative procedures are required prior to a title insurance plan can be provided. As an outcome, loan providers utilizing DecisionPoint can much better handle their loan pipeline by speeding up the processing of loans with clear title and closing quicker, while likewise moving more resources and workers to treat issue loans. Integrated, lending institutions have the ability to minimize their application-to-close timeframes, close more loans and enhance customer fulfillment.

“By ensuring a loan is great to go as early as possible, DecisionPoint permits loan providers to start their underwriting procedure,”.  “It makes the title procedure more effective and conserves more loans.”

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