TITLE & BACK-OFFICE SERVICES

Title and Settlement

Functions and Activities Conducted Offshore

Title Production

• Order Entry
• Title Search
• Title Search Typing
• Title Exam (Complete Examined Product)
• Commitment Typing
• Sourcing Tax Information
• Review & Update Tax Information
• Bringdown and Update Information
• Prepare Reverse Fee HUD
• Manage Email Communication

Title Curation

• Prepare Title Summary
• Order Deed
• Deliver Deed
• Payoffs
• Subordination
• Cut and Mail Subordination Fee checks
• Prepare & Deliver CTC

Title Policy

• Prepare & Deliver Title Policy
• Ship original Policy docs to client

Settlement Functions

Scheduling

• Place notary request as per the appointment received from the lender
• Send Notary Confirmation to the lender
• Manage Mailbox

Closing

• CD Balancing
• Prepare the closing package and send to the notary
• Manage Mailbox

Post-Closing QC

• Receive and scan the signed closing package
• QC audit the faxback of signed closing package
• QC audit the signed closing package
• Email the copy of signed closing package to the lender
• Ship the original signed closing package to the lender

Funding

• Set up pre-disbursement & prepare disbursement package
• Claim the incoming lender & borrower funds and set up disbursement
• Manage Mailbox
• Post incoming borrower funds received as checks
• Cut and Mail Checks
• Review and Initiate Wires

Recording

• Extract and review the recordable documents from the signed closing package
• Upload the recordable documents to e-recording portal for recording
• Verify sufficient recording fee & taxes are collected to record the documents
• Resolve county rejections and resubmit for recording
• Mail documents to county for recording
• Ship original recorded docs to client

Post Close Accounting

• Wire Bulk
• Escrow Holdback
• Stale Dated Check
• Simplifile Debit Importer
• Recording Reconciliation
• Send Final Ledgers to lender