AtClose LLC., today announced the launch of its enhanced Fee Quote calculator that is built to support Reverse Mortgage Transactions under Home Equity Conversion Mortgage (HECM program).
March 5, 2014 (Newswire.com) - AtClose LLC., a leading provider of integrated technology-led BPO and services to the Appraisal, Title and Settlement companies, today announced the launch of its enhanced Fee Quote calculator that is built to support Reverse Mortgage Transactions under Home Equity Conversion Mortgage (HECM program).
AtClose now offers a dynamic Fee Quote calculator that Title Agents can configure for lenders, brokers and agents. This state-of-the-art calculation engine supports major underwriters nationwide and in addition to its conventional usage in Refinance and Purchase domains, the enhanced version of its fee quote calculator calculates the reverse mortgage transaction with high accuracy and efficiency.
"The Fee Quote returns cost of Title Premium and endorsement, Closing Fees and Government Recording Fees in the form of HUD-1. The innovative technology also facilitates the Title Agents to place a new order on the basis of the quote", said Bill Moody, President, AtClose.
AtClose is a cloud-based vendor and workflow management solution that provides a platform for the evolving needs of title and settlement industry. It offers a great flexibility for its customers and depending on their needs, customers can choose to include or exclude advanced features in their AtClose implementations, such as in-depth reporting capabilities and integration with in-house or 3rd party systems. The solution scales to the degree needed, when needed.
About AtClose LLC.
Pittsburgh, PA based AtClose LLC., is a full service mortgage products and services company that delivers innovative solutions in the best-of-breed philosophy. AtClose offers title and settlement companies the solutions to improve profitability through removing inefficient business processes and technologies. AtClose customers include top tier title, appraisal and companies. For more information, visit www.atclose.com.