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ClosingCounsel.com to offer First American Title Insurance
Press Release
FOR IMMEDIATE RELEASE
Contacts:
Robert A. Troiano, II
ClosingCounsel.com, LLC
800-248-01888
rtroiano@closingcounsel.com
www.closingcounsel.com
Joyce Fiocca Bold
First American Title Insurance Company
800-225-1546
jfioccabold@firstam.com
www.firstam-ne.com
ClosingCounsel.com to offer First American Title Insurance Company web technology to help its agents connect Lenders to the Closing
First American Title Insurance Company and ClosingCounsel.com, LLC,a Wellesley based internet application service provider to the real estate settlement services industry, announced today that it has signed an agreement to offer web sites and tools to First American Title's New England attorney agents.
ClosingCounsel.com's technology will provide attorneys and title agents with web sites that allow them to connect with Lenders and other service providers, as well as their traditional client base. ClosingCounsel.com's CEO, Michael Krone, an attorney with 20 years of real estate conveyancing experience, says "most conveyancing attorneys and title agents remain the technological weak link in the real estate mortgage transaction because
they are not as web enabled as their mortgage lender clients." The web sites and services that ClosingCounsel.com offer help strengthen this link by connecting the
conveyancing attorney and title agent to the lender electronically. These services, and future products and services, are powered by a web-based application that ClosingCounsel.com has developed called
ClosingConnect.
First American, the market share leader in New England title Insurance, believes that its Agents must be web enabled in order to continue to compete in the title and
conveyancing industry. Through Lenders Advantage, First American's lender relationship division, the company will also promote ClosingCounsel.com's Web applications in order to connect lenders
with First American Agents.
Terms of the agreement have not been disclosed but both parties believe that
it constitutes one of the largest commitments of web site development in Internet History.
About ClosingCounsel.com,LLC
ClosingCounsel.com, LLC provides services and technology that enable settlement service providers to securely obtain, manage and leverage information with clients
and vendors. A recent Internet startup, ClosingCounsel.com was founded by attorneys
and an internet technology specialist all having years of experience with the legal
profession and most importantly in real estate conveyancing. The company's services reflect the vision and innovation that this mix of practical industry experience and technological expertise can bring
to the market. Capturing the enthusiasm to embrace Internet technology and a market which currently under serves an entire portion of the conveyancing industry,
ClosingCounsel.com has moved rapidly to become one of the predominate providers of web site services to conveyancing attorneys and title agents. The company intends to further capitalize on their expertise in developing other Internet resident applications and services for the real estate conveyancing industry and the legal profession in general.
About First American Title Insurance Company
First American Title Insurance Company provides business information and related products and services. The Company's three primary segments are title insurance and
services, real estate information and services, and consumer information and services. The title insurance segment issues title insurance policies and provides other related services. The real estate information segment provides tax monitoring, mortgage credit reporting,
property data services, flood certification, field inspection services, appraisal services, mortgage loan
servicing systems, mortgage document preparation and other related services.
The consumer information segment provides home warranties, property and casualty
insurance, resident screening, pre-employment screening, specialized credit reporting, automotive insurance
tracking, investment advisory, trust and banking services, and other related
services.
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