Lenders

FEDERAL LAW requires financial institutions to SAFEGUARD sensitive data.

WE CAN HELP. WE OFFER:

VETTING & COMPLIANCE PROGRAMS to assist you in ensuring that the third-party settlement agents you deal with are properly handling all of this sensitive information. They encompass:

• Verification of a settlement agent’s licenses and errors and omissions policy.
• The existence of an ALTA Best Practices Manual or WISP.
• The existence of office security, encryption and anti-virus software.
• The verification of the protection of electronic and physical personal information.
• The collection of necessary lender documents.
• And More!

EDUCATIONAL SUPPORT to you and your staff, including on-site presentations and other informative programs.

For more information, please contact us at lendersolutions@catic.com.

Our Agent Certification Program Includes:

• A comprehensive review of your office's Best Practices Procedures Manual by a team of trained compliance professionals;
• Licensing verification;
• An on-site visit to confirm that, as of the date of the certification, your organization has implemented the Best Practices noted in your manual;
• A Certificate of Implementation which will be valid for two years;
• A Certification logo for your marketing materials, website, email signatures, and other means of correspondence.

Lenders and consumers can be assured that the attorney agents who have been vetted and certified through this program have implemented all of ALTA’s Best Practices and are dedicated to maintaining the high standards they have instituted to become Best Practices Certified by CATIC. In order to remain competitive in the real estate marketplace, take the time now to become Best Practices Certified by CATIC. Pricing starts at $750.00 for a complete review, or $250 for Best Practices Manual review only.

Providing YOU With the  Resources to Streamline Your Commercial Closings. 

Our Commercial Services include:

Escrow Services 

• Provide parties with an Escrow Agreement to establish terms
• Secure deposit funds and holdbacks
• Extensive wiring procedures in place to protect funds and avoid fraud
• Efficiently disburse wires and checks

Settlement Services

• Obtain title examination from experienced network of local title examiners
• Collateral searches: UCC, Bankruptcy and Probate
• Preparation and distribution of Closing/Settlement Statements required by your Lender
• Consultations regarding the title search, encumbrances, and authorizations
• Procurement of Municipal Lien Certificates and Zoning information
• Title Commitment and Title Policy preparation
• Customized Endorsements

Post Closing 

• Provide assistance to counsel and lenders with document retrieval
• Conduct title updates/rundowns
• Coordinate the recording of closing documents and provide that information to all relevant parties

Click here to learn more about our Commercial Services.

Borrowers expect immediate access to their Home Equity Lines of Credit. Yet outstanding liens on title can have an impact on your ability to open those lines...leaving you with unhappy customers and lost revenue on drawn funds until those liens can be cleared, a process that could take weeks or months.

Now there's a solution! With CATICTrac’s title curative service and HELOC Protection Policy, we can clear title of outstanding liens AND provide you with coverage against losses resulting from those liens...allowing you to open your borrowers’ lines of credit in a matter of days instead of weeks or months.

Benefits of our HELOC Protection Policy:

• Within 72 hours of order placement, CATICTrac will inform you if a CATICTrac HELOC Protection Policy is an option.
• The fee for the CATICTrac HELOC Protection Policy is paid for by the borrower.
• The CATICTrac title curative service can be used to clear an old lien without the purchase of a CATICTrac HELOC Protection Policy. However, the policy cannot be issued unless CATICTrac has been retained to clear the lien.
• You will be protected against any damages from the lien that CATICTrac has been retained to clear.
• The issuance of the policy does not stop the lien clearing process. CATICTrac will continue to pursue the appropriate document to clear the lien from title.

How It Works:

1. When an unreleased lien is found on title, contact CATICTrac.
2. CATICTrac will review the file and inform you if we are able to issue a CATICTrac HELOC Protection Policy.*
3. If a policy cannot be issued, you may continue to retain CATICTrac to clear the lien.

Contact us today at (800) 842-2216 or CATICTracOrder@catic.com for more information.

Municipal information at the touch of your fingertips!

Easily access:

• Address information
• Town hall hours
• Deed registry
• Town Clerk
• Assessor
• Phone numbers
• ... And more!

Download the FREE app today on the App Store or Google Play!

Our Municipal Guide is also available online. Click HERE to access it.

At CATIC Exchange, we handle every 1031 like-kind exchange in a professional manner and are dedicated to providing you with the exceptional service that has become synonymous with CATIC Financial Companies.

As part of our responsibilities as a Qualified Intermediary, our knowledgeable staff will guide you through the exchange process, prepare the necessary 1031 exchange documents, hold the exchange proceeds in escrow, and act as the principal in the sale of the relinquished property and the purchase of the replacement property.

One of the most important aspects of any exchange is the "safety of your funds." You need a Qualified Intermediary that you can trust. CATIC Exchange will deposit the Exchanger's funds in a segregated, interest-bearing, liquid escrow account at an FDIC-insured depository. No funds will be co-mingled with its operating accounts or used for investment purposes. In addition, CATIC Exchange maintains a fidelity bond and professional liability insurance.

Click here for more information.

Universal Component Lender Services (UCLS) is being built to answer these questions and meet the growing demand for component loan servicing. We are developing UCLS with the client’s and market’s needs in mind, delivering services specifically created and individualized to each client’s wants. Led by industry veterans with immense and broad experience in loan servicing and backed by one of the title industry’s most respected underwriters, we are excited to tell you more about what we are up to.

Services offered will include, but not be limited to:

• Customer Service Support
• Contact Center Collections
• Loss Mitigation Processing including Forbearances and Repayment Plans, Modifications, Short Sales, and Deed in Lieu
• Foreclosure and Bankruptcy Monitoring
• Claims and REO Handling

Click here for more information.

LERETA’s Flood Tracking services keep your portfolio safe while complying with federal regulations. We understand the need for flood certificates to originate and service loans.

Efficient & Compliant

LERETA’s automated flood databases and manual exception processes are continuously evolving to ensure you always have the most recent and accurate flood data.

The Lereta Advantage

Lereta offers unparalleled customer service, providing support whenever you need it.

SERVICES:

• Single flood determination certificates
• Life of loan tracking
• Flood hazard status tracking
• Automation with determinations delivered instantly nationwide
• 96% of manual determinations delivered within 4 hours.

Features & Benefits:

• Maximum Compliance
• Rush Orders & Requests
• Automation
• Interpretation of Current Legislation
• One-Time Call Resolution
• Nationwide Support
• Letters of Map Amendment (LOMA)/Letters of Map Revisions (LOMR)
• LOMA Application Help

Learn more at www.lereta.com.

Click HERE to access a Flood Certification Request Form.

Please NOTE: you will need a Lender Login in order to access it.