ClosingCorp, a leading provider of residential real estate closing cost data and technologies for mortgage lenders, real estate professionals and consumers, has announced that Miami-based North American Title Insurance Company (NATIC) now enables title agents to access ClosingCorp's DART data service through the NATIC AgentLink platform at no charge. DART provides guaranteed recording fee, transfer tax and filing instruction data for every residential property in the nation.
"NATIC is always looking for ways to deepen our agent relationships and provide them better service," said Emilio Fernandez, president of NATIC. "With more than 4,000 recorder offices and tax jurisdictions and more than 80,000 related taxes, fees, customs, rules and regulations, DART gives title agents immediate access to the precise recording fee, transfer tax and recording instruction data that is so crucial for their businesses."
NATIC is one of the country's largest title insurance underwriters. The company's AgentLink portal provides agents with business tools and underwriting resources online, including applications and other forms.
"DART is designed specifically to meet the growing needs of title and settlement agents, who require correct data for any property in the U.S.," said Paul Mass, president of ClosingCorp. "NATIC title agents now have access to accuracy-guaranteed data, which is compiled by our data specialists who continually research and document all nuances associated with these critical costs. NATIC agents can also access key forms and helpful documents to accelerate and improve the closing transaction."
DART was originally introduced in December 2011 and was further enhanced in August 2012. The system's unique geocoding feature automatically selects the correct county and tax authority by street address and includes reliable buyer/seller splits based on statutory and customary practices. The product is available as a standalone website or via Web services integrations.
ClosingCorp is the leading provider of residential real estate closing cost data and technologies for mortgage lenders, real estate professionals and consumers to save them time and money on residential real estate transactions. Through its network of nearly 12,000 real estate service providers, the company maintains the most comprehensive database of up-to-date closing costs, including recording fees and transfer taxes, for all residential properties in America. This valuable data is delivered quickly and efficiently to clients via ClosingCorp's innovative technologies, such as SmartGFE(R), SmartGFE(R) Calculator, SmartClosing(SM) Mortgage Calculator, DART(SM), SmartOrder(SM) and Closing.com. To learn more visit www.closing.com .
About North American Title Insurance Company (NATIC)
North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter helping customers achieve the American dream of home ownership for over 50 years. NATIC, through its affiliated agency NATC, and vast network of independent agents, conducts real estate settlement services in 28 states. NATIC earned the reputation as the "underwriter next door," because their associates are always easy to reach and their processes are, at all times, quick and straightforward. The NATIC agency application process is fast and transparent for qualified agents. NATIC has a one-hour underwriting response guarantee that is unparalleled in the industry. NATIC is the largest capitalized company in Peer Group 2, which groups companies with capitalization between $25,000,000 and $100,000,000, as determined by Kroll Bond Rating Agency, Inc. NATIC is ranked 8th by The Performance of the Title Insurance Underwriters(C) in terms of cash or cash equivalents. North American Title Insurance Company maintains over $67,000,000.00 in cash or cash equivalents. This represents over 92% of the company's assets and is characteristic of the most important attribute to Title Protection, namely, Financial Responsibility. Demotech, Inc. awarded NATIC a rating of: A' (A Prime) Unsurpassed. NATIC is headquartered in Miami, Florida. To learn more, visit http://www.natic.com .