eClosing

Propy secures $100 million for AI-powered closing platform

Propy — a tech company using artificial intelligence (AI) and blockchain to automate real estate closings — announced it has secured a $100 million credit facility from Metropolitan Partners Group. Financing will be used to consolidate title and escrow companies into an AI-powered, end-to-end closing platform. According to Propy, transaction costs can approach 10% of […]

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Advalis CEO speaks on expanded FinCEN compliance platform

Compliance software provider Advalis has launched a new version of its platform designed specifically for title companies, escrow officers and settlement agents facing the upcoming Financial Crimes Enforcement Network (FinCEN) Residential Real Estate Reporting Rule. The rule, which takes effect Dec. 1, will require reports on certain all-cash real estate transactions — essentially expanding what

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WFG National Title launches Agent 3.0 with AI, automation focus

WFG National Title Insurance Co. has introduced Agent 3.0, which will offer users expanded options for artificial intelligence (AI) and automation. The program follows rollout of Agent 2.0 earlier this year, which emphasized personalized support and growth tools for title agents. Leaders said Agent 3.0 is designed to create a more interactive partnership between WFG

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ServiceLink expands closing technology

Mortgage solutions provider ServiceLink has introduced updates to its EXOS Close platform aimed at increasing scheduling flexibility for lenders and borrowers. The latest enhancements allow users to schedule closings in real-time with expanded options for online and in-branch appointments, and add automatic eligibility checks for remote notarization. Among the new features is a system that

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