Every client solution is highly customized to meet the specific needs of that lender. Our mortgage settlement services are comprised of a menu of service options that can be bundled as a comprehensive program to provide a full, end to end solution for your mortgage settlement or as a simple program that blends your internally managed functions with ones that we fulfill.

Record search & Title Examination

We research the subject property using our Title plant databases and other resources. Our experienced Title Examiners are the key to providing the client with a useful, accurate preliminary title policy or other report. We begin the review by making a technical analysis of the documents of record. We make an interpretive analysis of all recorded matters to evaluate their impact on the title to the property. We then created a draft preliminary title policy or other reports requested.

HUD

HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD) is the insurer of loans made through a variety of government insured loan, HUD takes possession of the property.Details to clarify mortgage servicing guidelines for FHA loans

Closing

Services include Loan Document preparation, Review loan documents, File Audit & QA, Draw loan docs, Pre-FundingRisk Review, Reconcile closing fees, CD reviews, Wiring instructions & conditions verification, review executed documents/loan funding, Accounting & Reporting. Title and closing operations form a critical component of the origination process, impacting not only customer service levels and satisfaction but also business objectives. Source point offers end-to-end title and closing support services

Payoffs

The receipt of funds from the buyer and the payment of the obligations of the seller in conjunction with real estate transaction. The payoffs function is performed by the title company. While payoff doesn’t force you to pay off your credit cards, it makes personalized recommendations to keep you on track, using quizzes that assess your financial personality, your level of financial stress and how your wealth compares to others’.Having this personal insight into your habits is huge,” says Scott Saunders, CEO of Happy Money, Payoff’s parent company. “It empowers you to make better financial decisions in the future.”

Lien Search

City lien searches confirm whether or not there are any issues or liens attached to the property in question at city/local level. KSS reps email/call/fax the appropriate county or city officials and confirm the current status of the property. This final search is usually performed a week or two prior to closing, gives, buyers and lenders the confidence that all issues have been addressed and they will avoid inheriting any unknown liabilities before they purchase the property

Policy Production

Keying the exceptions and other details in order to prepare the ALTA Policy document.Audio and video production by GOV staff shall be available primarily to city/county government departments/divisions. If sponsored by a city or county department, agencies and activities associated with local government may request the use of GOV staff and resources.

Recording

Recording of instruments with the county recorder by a little company merely as a convenience to a customer and without assumption of responsibility for correctness or validity. Examine grantor index for earliest owner from date of deed into owner to date of recording of Deed out of owner.

E-Recording

Document images received from closing agents via electronic transmission, are sent to the recorder’s office online for recording. After recording, we send the recorded copies of the documents to the closing agent