Mortgage lenders using ClosingCorp‘s SmartFees platform can now get rates and fees directly from Stewart’s nationwide network of title offices without having to leave the SmartFees platform, thanks to an integration announced by the two companies.
By the same token, companies that use Stewart’s platform for ordering title insurance can now readily access the loan file information, transfer tax and recording data, and service provider fees that are available via the SmartFees platform.
SmartFees will support, capture and verify title rates and fees from the entire network of Stewart Title offices nationwide, enabling lenders to accurately and confidently obtain quotes for loan estimates (LEs) and closings, Stewart says in a release.
SmartFees integrates loan file information, transfer tax and recording data, and service provider fees from more than 70,000 rate cards, as well as lender business rules and requirements, into a single platform, thus allowing clients to originate mortgages confidently and compliantly.
“Our lender clients nationwide now have the ability to quickly and easily obtain accurate quotes for our entire menu of title products through ClosingCorp’s SmartFees solution,” says Bill Sullivan, senior vice president of Stewart’s enterprise lender sales division. “We are committed to helping lenders accurately estimate title rates and fees of real estate transactions for consumers and make this information transparent and easy to understand. Our alliance with ClosingCorp is just one of the ways we’re doing this.”