True Stories: Hybrid, eNote and RON Implementation

Join expert panelists that will discuss the status of federal legislation, trends in digital adoption and how best to prepare your organization for the next generation of lending processes.

Logan Mohtashami talks jobs report, mortgage forbearance

Lead Analyst Logan Mohtashami discusses his recent article on the latest jobs report and the most likely impact on the housing market and mortgage forbearance.

UWM has a plan to win a war of mortgage attrition

UWM's margins will fall all the way down to 75 to 110 bps. Mat Ishbia says it's the perfect environment to prove that his mortgage firm is truly elite.

Lunch & Learn about underserved markets and affordable housing

Experts in this discussion will focus on how the mortgage industry is working to right previous wrongs and champion a housing market that serves all.

Closing

Passport Title integrates Qualia products

Maryland-based company to use Qualia's Core, Connect software

Passport Title Services LLC will use Qualia as its new title production software, after officials announced the company invested in Qualia Core and Qualia Connect to aid clients.

Headquarterd in Rockville, Maryland, Passport Title focuses on real estate settlement processing and title insurance agency management and support operations for attorneys, title agents and title agency owners.

“Our ability to handle multi-jurisdictional complexity and distribution diversity are our principal strengths, and Qualia fortifies our ability to manage these attributes and positions us to scale our business more rapidly,” said Susan Kenney Cotter, Passport Title chief officer. “Qualia’s systems and services will advance Passport Title’s strategic objectives — increase productivity, continuously improve the customer experience and future-proof our business.”

One of Qualia’s newest features, Qualia Core provides more functionality for clients by executing split closings and construction draws, addressing accounting issues, collaborating with underwriters, and tailoring workflows. Qualia has also recently upgraded Qualia Core for agents in California and Texas and integrated with Northeast agencies Charles Jones and DataTrace.

Realtors, lenders, and attorneys can use Qualia Connect to immediately open their orders in one place. Two-way integration and instant quotes are also available through Qualia Connect.

“With Qualia’s flexible technology infrastructure, Passport Title will be able to accelerate its delivery of differentiated service with greater operational efficiency,” said Adam Baratz, Qualia vice president of business operations.

Qualia announced in March the release of “Qualia Scale,” a software program that allows proptech companies to attach title and escrow to their core offerings. Part of the Qualia Scale “bundle” is access to Partner API, which is used to unify title companies, real estate agents, lenders, and homebuyers throughout a single real estate and mortgage transaction. The bundle also includes banking and reconciliation programs, a team of title and escrow experts, and Qualia’s digital closing platform.

In November, Qualia launched a “physical document service” that enables mortgage lenders to automate the management of paper trailing documents from title partners through its own platform. It also launched “Qualia Post,” a post-closing solution that integrates with a lender’s LOS to automate the retrieval of closing and post-closing documents from title companies.

Qualia CEO Nate Baker recently told HousingWire he wanted to turn real estate closings into “a remote, digital, Amazon checkout-like experience.”

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