Industry News

Real estate closings go wireless

Chicago Title launches pilot for wireless remote closings

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In a move that aims to make real estate closings more timely and easier to complete, Chicago Title has launched a pilot program that enables real estate title businesses to conduct closings at a remote site, such as a lender's, developer's or agent's office. Chicago Title, a subsidiary of Fidelity National Financial, announced the pilot launch Thursday. "The Wireless Remote Closing solution allows us to mobilize closings so we can service our customers wherever they are, or wherever they need their closings to take place," said Randy Quirk, president of FNF, which oversees the five Fidelity National Financial title brands, including Chicago Title. "There are so many changes that occur at closings – this solution enables the closing agent to access and modify data from any location and at a minimal cost." To conduct Wireless Remote Closings, title personnel need a laptop, a wireless modem card and a desktop printer customized to print checks securely and safely. Special softw...