Blogs
Lenders and Service providers face similar challenges in a mortgage loan origination process. Both routinely make changes in a loan approval process. Hence, it makes difficult for lenders and service providers to create a smooth collaboration.The mortgage loan origination process includes lots of paperwork. Many lenders and service providers perform manual processing of the cumbersome paperwork. Therefore, it complicates the mortgage process while coordinating with multiple parties. Lots of manual work is not a profitable solution for lenders or service providers as it consumes time and needs human efforts. Also, it increases the chances of manual error while decreasing the production quality and efficiency.Handling multiple vendors need an innovative solution for lenders and service providers. Therefore, keeping the needs in mind, AtClose team came up with an industry leading technology platform for the lenders and service providers to perform an efficient vendor management for the title, settlement and appraisal industries. The AtClose platform built with best-of-the-breed technology that fits your business needs with seamless cloud-based integration.AtClose easily connects service providers with their choice of vendors at different mortgage service levels from a single interactive platform. It has one of the largest networks of interconnected lenders and service providers of U.S. This network helps customers to collaborate easily for smooth mortgage origination process. It helps users to exchange data, documents and communication electronically between service providers and their choice of vendors through a secured platform.Robust Vendor ManagementThe robust vendor management module framework helps users to categorize the vendors based on the product type, lenders, services, and location. It compiles a detailed relationship history with each vendor and allows customers to specify criteria for automatically selecting a preferred vendor for each title process in every geographical area.AtClose’s Vendor Management Features – At A GlanceAutomate order placing and tracking processCategorization of vendors by location, product type, lender, etc.Controls on Service and order level for efficient, error-free, smooth and fast processAutomatic selection of vendor like abstractors, appraisers (AMCs), attorneys, real estate agents, settlement agents, mortgage recorders, etc.Tracking of Vendor licenses/background checks, insurance information and generating alerts for renewal.Vendor Registration portal for new vendors to sign upReduce duplicate order and track 100% placed/received ordersSupports ancillary productsMultiple vendor distribution modelsAutomated RankingVendor Due DiligenceVendor Self-Service PortalThese features help to streamline the vendor management solution by ordering, tracking and receiving mortgage services and products at every mortgage origination level. It is a complete solution for customers to reduce the business contingencies while increasing the profits.AtClose is a wholly owned subsidiary of Visionet Systems, Inc.; founded in 1995. Over 20 years’ industry experience made us one of the leading business solution providers for the title and settlement industry.At AtClose, we take pride in delivering the most advanced & comprehensive could-based business platform to our customers which helped them increasing their return on investment (ROI) and business efficiency and reducing the risk and cost. It’s not we; our satisfied customers made us take the pride because they are experiencing the benefits and gaining the profits after implementing AtClose in their businesses. If you want to try us out, please mail us at sales@atclose.com or call us on 412 265 1029.
Pittsburgh, PA – May 8, 2013 – AtClose LLC. is pleased to announce the general availability of the industry’s first truly browser-based system for automating Title, Appraisal, and Settlement services. AtClose is currently at four of the largest independent settlement companies in the country.AtClose is a comprehensive, state of the art, cloud based software providing superior business solutions in a rapidly evolving regulatory environment. Designed by industry experts, AtClose employs best practices to streamline and optimize workflow processes and increase efficiency, enhance quality and reduce operational expense.AtClose offers an end to end integration framework for clients and vendors. Seamless, out of the box integration with best in class recording and post closing solutions provide a turnkey platform for generating new revenue streams.The comprehensive escrow accounting feature offers check printing, PosiPay and three way account reconciliation. All major, national underwriter forms, premiums and endorsements are preloaded. Internal and external users can quickly and easily produce accurate good faith estimates using the robust title fee and real estate recording fee utility.AtClose is fully compliant with all prevailing regulations and is flexible enough to handle rapidly changing regulatory landscape.About AtClose LLC.Pittsburgh, PA based AtClose LLC is a full service mortgage products and services company that delivers innovative solutions in the best-of-breed philosophy. AtClose offers title and settlement companies the solutions to improve profitability through removing inefficient business processes and technologies. The company’s customers include top tier title and vendor management companies. For more information, visit www.atclose.com, email us at sales@atclose.com or call (412) 785-0058.
Pittsburgh, PA – March 03, 2014 – AtClose LLC., a leading provider of integrated technology-led BPO and services to the Appraisal, Title and Settlement companies, today announced the launch of its enhanced Fee Quote calculator that is built to support Reverse Mortgage Transactions under Home Equity Conversion Mortgage (HECM program).AtClose now offers a dynamic Fee Quote calculator that Title Agents can configure for lenders, brokers and agents. This state-of-the-art calculation engine supports major underwriters nationwide and in addition to its conventional usage in Refinance and Purchase domains, the enhanced version of its fee quote calculator calculates the reverse mortgage transaction with high accuracy and efficiency.“The Fee Quote returns cost of Title Premium and endorsement, Closing Fees and Government Recording Fees in the form of HUD-1. The innovative technology also facilitates the Title Agents to place a new order on the basis of the quote”, said Bill Moody, President, AtClose.AtClose is a cloud-based vendor and workflow management solution that provides a platform for the evolving needs of title and settlement industry. It offers a great flexibility for its customers and depending on their needs, customers can choose to include or exclude advanced features in their AtClose implementations, such as in-depth reporting capabilities and integration with in-house or 3rd party systems. The solution scales to the degree needed, when needed.About AtClose LLC.Pittsburgh, PA based AtClose LLC., is a full service mortgage products and services company that delivers innovative solutions in the best-of-breed philosophy. AtClose offers title and settlement companies the solutions to improve profitability through removing inefficient business processes and technologies. AtClose customers include top tier title, appraisal and companies. For more information, visit our website.
AtClose announces integration with RynohLiveAtClose LLC, a leading provider of integrated technology and services to the Appraisal, Title and Settlement companies, today announced that AtClose has completed a direct integration with RynohLive. With this integration, AtClose users can review escrow and other account activities, establish alert criteria and receive daily and monthly reports – directly and independently – identifying fraud and ensuring best practices are maintained by their insured.National and Regional Title Insurance Underwriters representing in excess of a 90% market share have tested, evaluated, endorsed, and in many instances mandated the use of RynohLive in order to mitigate the staggering losses caused by agent defalcation and embezzlement. For Lenders, AtClose integration with RynohLive will validate the integrity of the financial transaction from origination to the disbursement of funds in accordance with the closing instructions.“AtClose works in harmony with RynohLive and offer settlement agents the ability to manage their escrow trust accounts daily”, said Bill Welge, Principal at AtClose LLC. “RynohLive is a patented financial management and fraud prevention system that has revolutionized the settlement industry. The only fully automated escrow management system that ensures your settlement transactions are verified and absolutely secure”, said Glenn Stout, VP Marketing & Sales at RynohLive.About AtClose LLC.Pittsburgh, PA based AtClose LLC is a full service mortgage products and services company that delivers innovative solutions in the best-of-breed philosophy. AtClose offers title and settlement companies the solutions to improve profitability through removing inefficient business processes and technologies. The company’s customers include top tier title and vendor management companies. For more information, visit our website, email us at sales@atclose.com, or call 609-409-1063 x1116.
The Benefits of an Intuitive Workflow EngineAtClose has an intuitive workflow engine that goes beyond simple transaction data creation; it is a business process management platform that helps you truly manage your information to better serve your customers.AtClose hosts all available business responsibilities for performing operations including:– Creating orders– Product assignment– Pricing calculation– Scheduling– Automated vendor assignment and ranking– Creating bank transactions– Performing transaction reconciliation– Disbursement and moreAtClose logs every activity to provide you visibility and access throughout the entire process. You can manage, track and correct errors and facilitate on-demand audits by banks and regulatory agencies.AtClose’s leading-edge business intelligence technology recognizes problems and trends in real-time instead of after-the-fact reporting– Intuitive customizable management dashboards let you monitor the pulse of business from anywhere, including mobile devices.
AtClose offers the best integration framework in the market for lenders, vendors, accounting applications and banks– High-level integration with RealEC– Seamless, out-of-the-box integration with Auto HUD and Auto post close solutions offering new revenue streams for your business– An integrated recording fee calculator offers a single-vendor solutionOut of the Box IntegrationsHow does the technology of AtClose work? Listed below are some partners that allow AtClose to operate efficiently beyond expectations.ACI – Appraisal.com – Appraisers, fee panel appraisers, and real estate brokers can easily upload their reports, have them validated by your rule sets, and sent to your customer in the format they want, i.e. PDF or XMLCertus RecordingErnst Publishing – Provide accurate quotes and actual recording fees and mortgage tax information on every GFE and HUDFedEx – Ship closing and recording packages directly through AtClose without the separate Ship PCIndecomm/U.S.Recording – Record and track mortgage recordingsIntuit QuickBooks – Seamlessly migrate revenue and expense items directly into QuickBooksMedallion Analytics – Closing instructions to HUD in one-clickMicrosoft Dynamics GP – Seamlessly migrate revenue and expense items directly into DynamicsRealEC – ready to integrate with one of the largest value-added networks in the mortgage lending industryRynoh LiveSimpifile – e-Recordings in over 700 countiesSoftekValuTrustUPS
Pagination
Demo
Request a Demo
