2017 HW Tech100 Winner: ClosingCorp
SmartFees service helps lenders comply with TRID rules
ClosingCorp introduced its SmartFees service to help lenders comply with TRID rules. Formerly known as its Loan Estimate and SmartGFE services, SmartFees integrates loan file information, transfer tax and recording data, service provider fees and lender business rules and requirements into a single, seamless process and platform.
SmartFees produces fee data from more than 70,000 rate cards through the ClosingCorp Network. The network delivers nationwide coverage and is comprised of 20,000 individual service providers covering more than 30 service categories such as title, settlement, appraisal, inspections and engineering.