First American Mortgage Solutions integrated with ICE Mortgage Technology, making First American the first title and settlement provider to offer automated service ordering through ICE Mortgage Technology’s Encompass platform.
“Our enhanced title and settlement integration with the Encompass platform reflects First American’s commitment to helping lenders close more high-quality, saleable loans faster, while optimizing workflow and delivering exceptional customer experiences,” First American Mortgage Solutions Division President Todd McGowan said in a release. “Beta users have confirmed the integration provides an intuitive, seamless lender experience and a streamlined workflow that increases efficiency.”
The integration enables a loan officer, loan processor and title representative to communicate in real-time throughout the transaction, increasing efficiency and reducing time to close. Also, documents are automatically placed in the appropriate order’s e-folder, further reducing work for the loan processor.