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.

LandAmerica buys default mortgage servicing tech firm

June 13, 2006

Technology helps lenders manage delinquent loans

Inman News

LandAmerica Financial Group has bought MSTD, a Web-based company whose flagship product is default mortgage servicing technology, the company said Monday.

Baltimore, Md.-based MSTD, founded in 1999, is an application service provider providing a Web-based default servicing platform to residential mortgage servicers.

BackInTheBlack, the company's flagship product, is a business intelligence system used by some of the nation's largest financial institutions as well as other lenders with significant loan portfolios, LandAmerica said.

The technology combines rules-based decision engines with embedded workflows and integration of all third-party providers and services used by lenders managing delinquent loans, according to LandAmerica.

"Our default management clients are increasingly challenged with delinquencies and foreclosures, as well as with an increased focus on regulatory compliance and loss mitigation," said Albert Will, executive vice president of Lender Services for LandAmerica, in a statement.

"Blending the capabilities of LandAmerica Default Services with the technology expertise and products of MSTD enables LandAmerica to offer the mortgage industry the best and most integrated servicing solution in the marketplace," Will claimed.

Copyright 2006 Innam News

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