The Bangor, Maine-based titleLOOK by Mainspring Services announced that it is now offering its automated title review to lenders, government-sponsored enterprises and other organizations in the mortgage banking sector.
titleLOOK was launched in 2021 and was initially aimed at title insurance underwriters and agents, a market that the company will continue to serve. According to the company, its Software as a Service (SaaS) solution reviews title reports from any underwriter or title agent to provide automatic and consistent analysis, as well as digital data that can flow on to other programs and processes.
titleLOOK also announced the appointment of Liz Taylor as director of lender services. She was previously product owner for title and closing technology for Rocket Mortgage.
Jeremy Potter, titleLOOK’s president, noted, “The content of a title report is critical to lenders but can also be easily misunderstood from outside the title industry; it’s originated by different production systems, with distinct legalese and other verbiage, and is delivered in various file formats, including scans. titleLOOK is an absolute game changer in that it can take all this variability, standardize it, and run it against our knowledge and your rules. Lenders receive automated decisions, analysis, and risk categories, among other outputs, that add tremendous time savings and value. This is the solution lenders didn’t know they needed and I cannot wait to share the good news.”
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