AbsoluteTitleServicesPresentation2018

Absolute Title
Services

Reduce Settlement Costs.
Maximize Results.

• Absolute Title Services provides nationwide access to a complete
array of title insurance, uninsured title products, streamlined home
equity loan programs and closing services designed to exceed client
expectations and enable borrowers to close on time, every time.

• Our industry expertise, streamlined processes from our centralized
operations center and leading edge technology gives us the
advantage in helping you maximize results.

Introduction

• Reduce costs and improve Home Settlement Document
performance. Equity Loan Services Services
Due
• Meet aggressive retail channel Services Diligence Title
service needs and timelines. Loan Insurance

• Obtain faster customer service Recording
response times. Services

• Stay well-informed from the
convenience of your desktop or
mobile device.

Our Products and Services

– Reduce Costs and Improve Performance

• Expert use of centralized technology and our sophisticated decision engine speeds
processes and enables effective exception management.

• Dedicated, tenured compliance and risk management.
• Customized workflow and processes match your needs and minimize days to loan close.
• Integrated data and document delivery provides additional capacity.
• Title commitments produced and delivered in a timely fashion to meet your needs.
• Experienced closing agent or attorney to administer the loan closing, verify signing of

loan documents, notarize required documents and confirm return of loan documents to
CMS after closing.
• End-of-month closing guarantee and the ability close anywhere and anytime.

Key Benefits

• Products Absolute Title Services Offers:
– Title Insurance (Standard & Tiered Rate)
– Title Reports
– Platinum Suite of Products
– Settlement Services
– Recording
– Loan Modification Products & Solutions

Standard Full ALTA Title Insurance

• Average turn-time – 48 – 72 Hours
• Short Form / Long Form
• Extended Form
• Endorsements
• Refinance/Reissue rates available
• Discounted tiered rates available in 28

States

Standard Full ALTA Title Insurance – Tiered
Rates
• Reduced title insurance premium
program for eligible refinance
transactions ordered through our
centralized processing center
• ALTA Short Form Commitment and
Residential Loan Policy which is widely
accepted by GSE’s and investors
• Average Turn-Time - 48 – 72 Hours
• Discounted Tiered Rates available in 28
States
• Accelerated Clear-to-Close Process

Property Report

Features
Report includes:

Vesting
Full Recordable Legal Description
Conveyance Information
Open Liens, Judgments, and Mortgages
Current Tax Information
Report Benefits
Largest Database of Abstractors – Nationwide
Abstractor Rating System – Goal “Keep Only the
Best”
Nationwide Average Turn Time – 48 Hours
A review of the property from when the current
owner took possession.

Last Vesting Deed Report
• Contains information from the last Deed of

record
– Report Contains:

• Vesting
• Full Recordable Legal Description
– Report Benefits
• Recordable Information
• Nationwide Average Turn Time – 24

Hours or less

• Absolute Title Services Platinum Property Equity

Report contains the same standard information as a
Property Report, but the Platinum series carries an
Enhanced E&O Coverage. This coverage is up to $500K per
loan. Loan requirements:

• FICO Score of 600 or higher
• CLTV cannot exceed 100%
• Offers protection against fraud and the period of the

report completion to recordation.
• Offers protection against intervening liens including HOA

super liens.

• Absolute Title Services Platinum Express

Primarily utilized on Home Equity loans. It utilizes a Legal
and Vesting report & Lender’s Credit Report. This coverage
is up to $500K per loan. Loan requirements:

• FICO Score of 600 or higher
• Primary residence only
• CLTV cannot exceed 100%
• Offers protection against fraud and the period of the

report completion to recordation.
• Offer protection against intervening liens including HOA

super liens.

• Service Features
– Preparation of CD and HUD
– Obtaining payoff information
– Loan document execution
– Disbursement of loan proceeds
– Recordation
– Electronic storage of closing documents

• Benefits
– Nationwide Database of Notaries,
Attorneys and Title Companies
– CloseCall – Phone Closing
– Completely customizable
• Create a process to include the
services needed
– Evening and weekend closings