SoftPro Adds Over 250 Customers in First Quarter

April 6, 2006

Business is as strong as ever in 2006 for SoftPro’s recognized closing and title production system. Even with the prime lending rate at its highest level in 5 years, the number of companies entering the industry has not been curbed. SoftPro posted the strongest first quarter revenue numbers in the company’s 22-year history, adding over 250 new customers to its ranks. “This growth can be attributed to our focus on customer service and providing a product that is both easy to use and deploy,” said SoftPro Chief Operating Officer Joyce Weiland.

Although rates have inched up recently, they are still at record lows by historical standards. With a strong business environment, new firms are able to enter into the market with confidence. “2003 was a record year for 3 year arms, with over $800 Billion dollars in loans issued. The current economy should provide another healthy marketplace for transactions, as many of these loans will be refinanced this year. We anticipate adding over 1,000 new customers for the 9th straight year, and so far we are well on our way,” said Tim Conley, SoftPro’s VP of Sales and Marketing.

Source: SoftPro


Contact ALTA at 202-296-3671 or communications@alta.org.

North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents. SoftPro is the nation's leading provider of real estate closing and title insurance software. With more than 14,000 customer sites and over 60,000 users nationwide, this award-winning software offers a suite of products designed to increase your volume and revenue by reducing the time it takes to do closings. SoftPro has been recognized by the American Business Awards every year since 2007 - winning awards for Superior Customer Service, Support and Product Development.