Title Agency Offers Praise for TitleHound
October 12, 2010
Linear Title & Closing reports that successful implementation of TitleHound, a title rate engine that ensures accuracy of title insurance premiums, has led to an increase in business.
Rhode Island based independent title agency, Linear Title & Closing, Ltd, incorporated the tool into its business process in December of 2009 to drive title fees, mortgage taxes, recording fees and the best available title insurance premium directly to its clients at point of mortgage application. “The Mortgage Industry continues to evolve as a result of the recent down turn” said Nick Liuzza President and CEO of Linear Title & Closing, Ltd, “Titlehound offers Linear a platform to electronically provide accurate quotes for all title related fees much earlier in the process of origination than ever before. As a result, our fees are guaranteed which drives our business and ensures compliance for Linear and our clients.
Titlehound enables users to identify up front pricing for title insurance premiums, mortgage taxes, recording and settlement fees. “TitleHound is the most comprehensive fee engine for title insurance and settlement fees to compare and reveal the true disparity between highest and lowest premiums,” says Jeff Adam, President & CEO of NexGen Compliance Solutions. “We are delivering direct information that isolates cost saving opportunities and confirms best pricing for title and settlement costs instantly.”
TitleHound is a product of NexGen Compliance Solutions, LLC, an innovative technology driven company providing title insurance solutions for the mortgage industry. The company is changing the face of the title and settlement industry with its revolutionary fee engine, TitleHound, and the strategic formation of the NexGen Network. The NexGen Network is an elite group of national title and settlement providers known for ethics and best industry practices which enables and assures consumers, lenders, and underwriters efficient and cost effective service.