First American's array of Foreclosure and REO Title products provides a "one stop shop" for all aspects of the default title process. Everything from loan modifications, manufactured housing title services, foreclosure & REO Title reports, title evidence and resolution services is available through a single source.
First American National Default Services Title Benefits:
- Nationwide centralized environment
- Internet-based tracking system for use at your site
- Loss Mitigation support services
- REO title/closing placement and coordination
- REO Asset Management & Closing services
- Manufactured Housing Title services
- Title report/commitment review & selective curing
- Automated order tracking
- Problem resolution
- Review contracts
- Bundled services foreclosure thru REO
Loss Mitigation
Loss Mitigation Title offers Nationwide investor approved services including property reports, loan modifications, document retrieval, document recording and web-based document preparation.
Manufactured Housing Title Services
Complete file review including determination if proper title is of record. Review closing documents for proper compliance with closing instructions. Monitor and work with attorney/vendor to resolve any title issues and deliver COT showing correct lien position.
Foreclosure & REO Title Services
NDTS offers centralized placement, tracking and delivery of title products. A dedicated account management team for one point of contact, a dedicated vendor management team to assist in keeping orders on track and reducing turn times. Title Resolution and underwriting support is also available.
Bundled Services - Foreclosure through REO
Bundled services allows for identification of title issues early in the default process expediting the REO disposition. Cost savings result from the bundle because hold times are reduced. Reduction in workload as work already completed in the Foreclosure process does not have to be redone.
Asset Closing Services
Monitor and coordinate all efforts with client, title. closer and real estate agent to meet timely closing . Examine and proactively coordinate the resolution of title issues. Online central source houses all relative information including imaged documents to be viewed by all parties involved in the transaction.
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