Agents National Title Insurance Company announces the launch of REalSearch, an automated title data search and decision engine. REalSearch utilizes artificial intelligence and machine learning combined with sound underwriting guidelines to search both traditional and non-traditional property data sources. The result is an instantaneous, highly accurate, and secure title product that allows title agents to close transactions faster and with less title clearance.
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The REalSearch report augments the traditional search and exam process and can be combined with a traditional title production platform to reduce exam time and increase accuracy. In many instances, files are clear to close with no further work by the agent. The logic in the workflow is paired with current Agents National Title Insurance underwriting rules to produce a product that is backed by a national underwriter.
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Lenders will be able to use REalSearch to expedite loan underwriting and close transactions faster. In addition, it has analytic capabilities for portfolio retention and is a pliable tool that can be used for multiple facets of the lending process. REalSearch is unique in that it can be utilized early in the lending process, improving process workflow and shortening the origination process.
ANTIC President, David Townsend, is confident that REalSearch will provide a state-of-the-art solution for title agents and lenders. “REalSearch will revolutionize the way title agents operate. It gives them the tools to compete at the highest levels. They will have technology at their fingertips that will create unprecedented efficiencies.”
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