Industry News

New real estate title search product debuts

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Vendor management company Equity Settlement Services has expanded its offerings to the mortgage lending and origination community with the rollout of a Web-based abstracting platform. ESSearcher offers mortgage lenders and brokers the ability to execute self-service title services, view document images, abstract information directly and identify parties to property titles in hundreds of counties across the nation. Through the ESSearcher's platform, users can incorporate comprehensive property searches directly into their own production systems. The company said the platform will deliver an improved turnaround time on title searches in comparison to traditional title searches, and also aims to increase workflow efficiencies and reduce examination errors. ESSearcher is made available through collaboration with Realty Data Corp., an electronic abstract platform developer. "Our use of this technology will further streamline workflows and increase efficiencies in the title examination...