Obtain Recording Confirmation and Mortgage, Deed, Assignment and Release Recording Information

Client Need

In lieu of retrieving copies of recorded mortgages and deeds, a large financial institution sought to obtain information to confirm that the mortgages and deeds had been filed. This company desired a more cost-effective means of meeting investor requirements while reducing the need for receiving, tracking, identifying and storing hardcopies of recorded deeds and mortgages.

Solution

First American CoreLogic appended information to the client file from their mortgage transaction database and delivered the augmented data back to the client within hours. This process was completely automated, which significantly reduced the amount of time to clear exceptions and eliminated the need for manual resources to complete online research or place document retrieval orders with a network of abstractors.

Results

The client eliminated the manual research process and decreased the time to clear exceptions thereby reducing cost and risk.