|
RED VISION INTRODUCES NEW PRODUCT, TITLEVISION/ACCELERATE – A LIEN PROTECTION ALTERNATIVE FOR THE HOME EQUITY INDUSTRY
Gainesville, Fla. --- Red Vision, an innovative supplier of real estate information to users of title
evidence, is launching a new lien protection alternative, TitleVision/Accelerate.
TitleVision/Accelerate is a premium title search service that is designed to facilitate same day
closing of home equity products. This new service delivers fully examined title information in
less than three business hours and includes: validating the lender's lien position, clearing issues
that impact the expected lien position, and providing a typed legal description and mortgage
signature requirement through an XML interface.
“Our experience suggests that in the vast majority of situations where lien protection insurance is
employed you don’t find title problems that require protection, " says Craig Muldoon, Red
Vision’s President and CEO. “Historically, the problem has been the time and effort required to
obtain and analyze title evidence. TitleVision/Accelerate allows a lender to base loan decisions
on title facts rather than ignoring them, in a time frame that lets them close the same day, and for
less than the average cost of a title search.”
About RED (VISION)
Red Vision is a leading independent provider of automated, on-demand title search solutions that enable faster, more accurate processing of title information for the real estate industry. Red Vision’s patentpending
title search platform, TitleVision, instantly brings together courthouse records, property appraiser values, and property tax data, minimizing the manual effort required to abstract and examine title and allowing searchers to greatly boost productivity, lower operating costs, and gain a sustainable edge over
their competitors. For more information, please visit redvision.com. |
|
