The Time for Title Standards Is Now
American Land Title Association
OVER THE PAST SEVERAL YEARS, the hurdles to creating digital property transactions have been overcome with increasing speed. Between the rising adoption of the Mortgage Industry Standards Maintenance Organization (MISMO) SMART Docs and eNotes to remote online notarizations (RON), today's housing industry finds itself standing on the precipice of a truly digital future.
Title professionals have helped drive this digital wave with the implementation of technology at various steps of the transaction, from title policy production to post-closing tasks. The automation of processes helps drive efficiency by expediting the exchange of data.The accurate exchange of information in a digital environment requires the presence of data standards. Title companies are utilizing automated workflows and advanced application programming interfaces (APIs) to integrate with various partners... Read More Here!