ServiceLink, a provider of origination and default services and the national mortgage services platform of Fidelity National Financial, announced enhancements to its title and settlement solution for reverse mortgage transactions.
Looking to cater to the reverse mortgage industry, the company recently added a dedicated reverse mortgage staff with years of experience to ensure they can answer any questions and resolve issues that may affect the closing and expedite title commitment.
While ServiceLink offers several closing options, its iClose solution is a web-based electronic closing platform designed specifically for reverse mortgages. The secure platform allows borrowers to close online, virtually anywhere and at any time.
In addition, ServiceLink has given iClose viewing capabilities that allow approved third parties, such as family members, attorneys, or loan officers, to join the closing from remote locations. The entire reverse mortgage signing session, including all of the borrower’s responses, are documented and recorded. Also, for in-office or in-home closings, borrowers can pre-select appraisal appointments and signing dates at the point-of-sale.
