On Monday, Stewart [1], a provider of title insurance, announced a partnership with ClosingCorp [2], a provider of real estate closing cost and data. The partnership will allow rates and fees from Stewart Title Offices to be available to lenders through ClosingCorp’s SmartFees [3] Platform.
“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, SVP 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 will support, capture and verify title rates from Stewart Title Offices nationwide. Lenders will be able to accurately obtain quotes for loan estimates and closings.
“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, CEO of ClosingCorp.