TitleBox, a national provider
of title clearance solutions, has released TitleBox 2.0, an instant assessment of title searches designed to help title
agents clear title more efficiently while maintaining control of the
decisioning process. TitleBox 2.0 is a stand-alone
product driven by Artificial Intelligence and derived from the company’s
existing offering, a managed services package delivering end-to-end title
clearance (from title search to Closing Disclosure).
TitleBox 2.0’s technology
reviews incoming title searches and commitments, producing an assessment of the
results which not only identifies any clouds on title, but pairs relevant,
location-specific underwriting rules and guidelines with those issues, speeding
the clearing process while leaving the decision-making process in the title
agency’s hands. Where necessary, TitleBox 2.0 also delivers specific
resolutions. All of this is generated instantly upon receipt of the title
search, and integrated into an agent’s existing workflow.
Matt Einheber, Creator and
CEO of TitleBox, explains that for every title agent, the title clearing
process relies almost 100 percent on training and retaining employees, who
manually review title reports and then rely on their training to manually go
about clearing any clouds on title. Because the process and its requirements
can vary from county to county or even city to city, requiring extensive
training, the overall operation is usually slow and costly.
“Title clearance is among the
most manual, labor-intensive processes in the entire real estate industry and
causes headaches for title agents everywhere from a time and cost perspective,”
said Matt Einheber, Creator and CEO of TitleBox. “By rearranging a title search
into an easy-to-read format, instantly identifying material issues and pairing
them with instructional content specific to the underwriting rules and guidance
specific to the location of the property, TitleBox 2.0 speeds and automates an
important element of the process.”
For more information, go to thetitlebox.com.
About TitleBox
Philadelphia-based Title Box
provides title clearing products and services for title agents nationwide.
TitleBox 2.0 is an instant, AI-generated assessment of title searches designed
to help title agents clear title more efficiently and cost-effectively. The
stand-alone assessment is an expansion of the company’s current offering, a
managed services package which delivers managed services providing an
end-to-end title clearance (from title search to Closing Disclosure). TitleBox
2.0’s technology reviews incoming title searches and commitments, producing an
assessment of the results which not only identifies any clouds on title, but
pairs relevant, location-specific underwriting rules and guidelines with those
issues. TitleBox 2.0 is dramatically unlike traditional title decisioning
engines in that it keeps the decision-making process with the title agent,
while instantly compiling instructional content for title clearance specific to
the location and jurisdiction of the property being cleared. Learn more at thetitlebox.com.