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February 2010
Benefits of Transaction Management
With the new RESPA changes in effect, more lenders are partnering with settlement providers who can manage transactions end-to-end. Transaction management is critical to ensure fee changes and transaction timing are handled properly and communicated to all parties. An integrated transaction management process prevents problems proactively and generates service intelligence to maximize quality and performance.
Here are some of the many benefits of the Title Source transaction management process:
- Ability to monitor every aspect of a transaction
- Systems and processes meet Service Level Agreement standards
- Automated events to notify all concerned parties of changes to a transaction
- Simple troubleshooting and optimized process flow
- Sophisticated analytics to monitor and manage transactions with applied intelligence
- Intelligence to drive the business, make better decisions and respond to changing conditions
- Uninterrupted service with superior quality
Title Source is a pioneer of transaction management and has systems in place to support transaction event notifications throughout a transaction's life cycle. Our systems support multiple communication options including automated email, fax, phone, custom integrations and website to keep lenders informed about their transactions. Please contact your Account Manager if you would like to subscribe to our automated notifications.
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