Premium Title, a provider of national title and escrow services, announced it is integrated with the Mortgage Builder Loan Origination System.
Premium Title is part of the Altisource Portfolio Solutions family of businesses.
As a result of this integration, customers have the ability to share data and documents between systems, auto-populate title fees on a loan estimate and place a title order directly from within the Mortgage Builder LOS.
Lenders on the Mortgage Builder LOS can automatically receive a quote for title services and a compliance certificate guaranteeing those title fees, which populates into the LOS.
In addition, the loan estimate or any adjustments in fees associated with the loan are also maintained in the system, ensuring TRID compliance and faster disclosure timelines.
“By continuing to integrate with industry leaders, we provide our customers the means to close more loans at a lower cost and higher quality, helping ensure full compliance throughout the process,” said Larry Alston, general manager of Mortgage Builder.