TitlePrep Joins Closing Market Network of Service Providers

April 5, 2011

RamQuest, Inc. added TitlePrep to the network of service providers on its Closing Market digital network. RamQuest’s Closing Market is an application to application interface that electronically connects business partners allowing each participant to work from within their own software.

Using the TitlePrep integration, RamQuest’s Closing Market-enabled customers can streamline the title search ordering and receipt process by never having to leave their file. In addition to facilitating the search, the TitlePrep integration also provides the customer with a preliminary commitment. With TitlePrep’s network of abstractors, virtual plants and title plants across the country, they can service customers’ needs for title search services nationwide.

RamQuest and TitlePrep customer Avenue 365 Lender Services is experiencing the benefits of the TitlePrep integration first-hand.

“On the front end, we’re saving up to 70 seconds per order, which is a nice boost in efficiencies equaling about one hour per day for one employee,” said Rich Barbezat, vice president of operations at Avenue 365 Lender Services. “We’ve also picked up a few extra seconds with the automatic notes confirming the search is in process.”

“We are excited to partner with RamQuest to provide this full service title search offering to RamQuest title companies nationwide,” commented TitlePrep Vice President Andrew Veliuona. “Very simply put, this integration saves time and money; both of which are tremendous benefits in today’s business climate.”

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

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