The title industry has continued to evolve, and technology is being developed to support the title search process. When COVID-19 hit the world, the industry had to deal with a record number of property transfers. The technology that many title companies had in place to support working from home and remote closings was crucial to keeping operations running during an uncertain time.
Despite the advancements in title technology, there are still broad misconceptions across the mortgage industry. Here’s a look at three myths about instant title and how lenders will benefit from debunking them.
Date: December 2021