HOUSTON--(BUSINESS WIRE)--Stewart, a leading national provider of title insurance, and ClosingCorp, a leading provider of real estate closing cost data and technology, announced today that rates and fees from Stewart’s nationwide network of Stewart Title offices are now available to lenders through ClosingCorp’s 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.
“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,” said 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.”
SmartFees integrates loan file information, transfer tax and recording data, service provider fees from more than 70,000 rate cards, and lender business rules and requirements into a single, seamless process and platform – allowing clients to originate mortgages confidently and compliantly.
“Both ClosingCorp and Stewart are dedicated to providing lenders solutions that help automate the residential real estate transaction process while increasing efficiencies, providing an enhanced borrower experience and remaining compliant at all times,” said Bob Jennings, chief executive officer of ClosingCorp.
Headquartered in San Diego, Calif., ClosingCorp owns and operates the premier source of intelligence for closing costs and service providers in the U.S. residential real estate industry. Through innovative solutions, progressive technologies and strong alliances, the company delivers timely, accurate and transparent results that help optimize closing processes and services for mortgage lenders, title and settlement companies and real estate professionals. Clients rely on ClosingCorp to help improve efficiencies and mitigate risk. For more information, please visit closing.com.
Stewart Information Services Corporation (NYSE-STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. At Stewart, we believe in building strong relationships – and these partnerships are the cornerstone of every closing, every transaction and every deal. Stewart. Real partners. Real possibilities.™ More information is available at stewart.com, subscribe to the Stewart blog at blog.stewart.com, or follow Stewart on Twitter® @stewarttitleco.
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