Default Services
Now a smart choice is a safe bet.
Imagine the convenience. Relish the efficiency. Enjoy the time savings.
With Advantage Title and Title365 as your single point of contact for processing all of your default title and closing
orders nationwide, welcome to this wonderful reality.
Advantage Title and Title365 delivers a wide array of Default Servicing processes to mortgage
servicers for improved management, enhanced control and superior monitoring throughout the entire default cycle.
Our expert default services reduce delays in escrow closings because our knowledgeable team performs title
curative work to resolve issues during the foreclosure stage.
When a property report progresses to REO status, Advantage Title and Title365 can quickly provide
the title commitments and prelims, property reports, document retrieval, underwriting assistance, and recording
and closing services needed – all via the Web - to ensure the fastest, most streamlined disposition of the asset.
Clients nationwide choose Advantage Title and Title365 to review collateral documents, ensure a
correct chain of title, research missing assignments, and search for recording information. We expertly execute
Power of Attorney or Corporate Resolution Agreements to allow release documents to be generated, executed, and
expedited for recording that day.
Best of all, Advantage Title and Title365's integrated, customized process puts the Title365 platform at your
fingertips for seamless ordering, tracking and delivery of title evidence for foreclosures nationwide. Thanks
to efficient and accurate reporting, you can also depend on Advantage Title and Title365 to meet the strict service requirement
demands by investors.
In the event of default, Advantage Title and Title365 can:
- Prepare Foreclosure Reports
- Prepare Default Documents
- Public Notification and Mailings
- Prepare Trustees Deed
- Conduct Trustees Sales
- Manage Recording
- Ensure Compliance with all Statutory Requirements
Loss Mitigation Services
In a loan modification, the terms of a loan are restructured to prevent foreclosure.
Advantage Title and Title365's loan modification packages enables lenders and loan servicers to realize convenient collaboration,
retrieval and newfound efficiencies thanks to a centralized point of contact for title documents and recording
requirements, including:
- Document Preparation
- Recordings
- Document Retrieval
- Mortgage Priority Guarantee
- Property Information Reports
- Title Insurance
- Alta and Alta Endorsements
Trustee Sale Guarantee (TSG)
Issued at the start of a foreclosure, the TSG assures both the foreclosure attorney
and lender against losses suffered up to the loan balance as a result of errors in the TSG. Our centralized
processing ensures reduced cost and time savings. TSG specialists at Advantage Title and Title365 are well-versed in assuring
timely and accurate delivery of legal descriptions and vesting, liens, property tax information, bankruptcies and
required mailing addresses for service.
The Title365 platform offers foreclosure attorneys and lenders access to the most convenient,
Web-based interface for TSG transactions providing the quickest, most cost-effective delivery of services.
Look to Advantage Title and Title365 for the following:
- Senior lien clearing
- Nationwide bankruptcy searching
- Title issue resolution
- Multiple title updates
- Recording of documents
- Property research and documents for bankruptcy relief motion preparation
Reconveyance Lien Release
The reconveyance specialists at Advantage Title and Title365 are known for their expertise in
state and county requirements for recording releases. Providing reconveyance and lien release processing
nationwide, we pride ourselves on delivery of accurate and timely files.
With Title365, you gain the definitive advantage of a web-based reconveyance
processing system for superior document generation, processing and tracking. Automated compliance means your
releases are recorded within mandatory timelines.
Wherever you compete, Advantage Title and Title365's Default Services can give you the upper
hand. Questions? Call: 1-877-365-TITLE.