American Land Title Association
Home  >  News Room
News Room

SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Mortgage cos. Slow to adopt e-closing

June 17, 2002

New Method's Rate Of Acceptance 'Less Than Enthusiastic,' Standardization Needed

Inman News Features

The adoption of electronic mortgage closings by financial institutions is on the rise but the rate of acceptance of this new method is less than enthusiastic, according to a report from Meridien Research.

The mortgage industry has a few barriers that must be surmounted before wide-scale adoption occurs, according to the report, "Electronic Mortgages: Closing the Deal."

"We expect the U.S. mortgage industry to continue to implement electronic mortgage closings in a limited fashion over the next 24 months," said Jeanne Capachin, research director at Meridien Research. "As standards are further developed and the legal environment more defined, we will see stronger growth in the use of technology as its savings and efficiencies become too compelling to resist."

Newton, Mass.-based Meridien Research provides analytical research services to users and providers of financial industry technology.

Copyright: Inman News Service

Print Friendly

How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
Copyright © 2004-2015 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment