reQuire provides the final piece for Lien Tracking allowing SnapClose Pro to provide a complete, front to back, seamlessly integrated Title Production Solution.
Virginia Beach, VA (PRWEB) December 02, 2014
reQuire’s goal is to provide search and reporting to consumers on mortgage liens to assure the obligations committed to in the purchase or sale of a home have been satisfied. As an ancillary benefit, settlement companies, law firms, and underwriters have access to this innovative solution to improve their file management, recordkeeping, and risk abatement processes.
reQuire’s Release Tracking service is a proactive approach to complying with Best Practices. Additionally, the service fulfills the reasonable expectation of the consumer that the lien associated with the mortgage paid-off at closing will be promptly removed from the property.
“An integrated solution is the key to streamlining processes internally and ensuring compliance with the new regulations. We are excited to partner with SnapClose as they work to enhance their product offerings for their users.” said Matt Klein, President of reQuire Release Tracking.
“SnapClose Pro has been a leader in process integration and has been operating successfully for over 10 years with integrations at each step of the Real Estate Transaction process. reQuire provides the final piece for Lien Tracking allowing SnapClose Pro to provide a complete, front to back, seamlessly integrated Title Production Solution. We are excited to partner with reQuire to provide our clients with an efficient cost effective product.” added Kevin Tomlinson, President of Cornerstone Management Solutions/ SnapClose Pro.
reQuire is the leading lien release tracking and reporting service in the real estate settlement services industry. For more than a decade, reQuire has pro-actively tracked and verified the payoff of prior mortgage accounts and the cancellation of the liens associated with those accounts after the closing for the land owner. Our goal is to restore certainty in the closing by minimizing costs, disruptions, and frustrations for all parties associated with the transaction – land owners, realtors, loan officers, attorneys, underwriters, and settlement agents.
Founded in 2002, reQuire provides a unique solution to the problem in the title industry related to unreleased liens associated with mortgages and deeds of trust. The inconsistency in lien release-reconveyance methods among States and land records has created an ongoing and costly problem in tracking and reporting the release of these liens. Many are familiar with the setbacks associated with unreleased liens. Our goal is to eliminate setbacks for everyone at the closing table.
Want to learn more about reQuire? Visit our website http://www.gorequire.com, or contact us at either customerservice(at)gorequire(dot)com or (877) 505-5400