NEW YORK, NY / ACCESSWIRE / October 4, 2022 / TitleVest, a leading New York City-based title insurance agency and member of the First American family of companies, has been selected by CondoTek, which provides data and technology solutions to create efficiency and automate the underwriting of condominium loans to more than 700 lenders across all 50 states, as one of its preferred title insurance providers within CondoTek’s new title portal designed to further streamline the condominium closing process.
Lenders and borrowers within the CondoTek network can now order title directly from TitleVest earlier in the transaction process, helping increase efficiency and accelerate the time to close. Leveraging both firms’ innovative technologies and deep condominium and coop expertise, this relationship will further improve the closing experience for lenders and borrowers.
“TitleVest and CondoTek share a commitment to developing and deploying innovative technology that enhances the experience of buying and selling condominiums,” said Brian D. Tormey, president of TitleVest. “We look forward to leveraging the CondoTek platform to further enhance the closing experience on our condominium transactions.”
Since its inception, TitleVest has focused on streamlining the closing process through proprietary and third-party technologies. Among TitleVest’s best-in-class tools tailored to condominium transactions is a digital library of more than 6,000 condo/coop plans. TitleVest also offers coop lien searches and other related services.
About TitleVest
Founded in 2000, TitleVest (www.titlevest.com) is a leading New York City-based title insurance agency and member of the First American (NYSE:FAF) family of companies, offering a full range of title insurance and related services for real estate property purchase and refinance transactions. TitleVest has earned the New York Law Journal’s “Best Title Agency” award for 10 consecutive years as determined by its annual Reader Rankings survey and was also named “Best Title Agency” in The National Law Journal’s Best of 2022 awards.
About First American Financial Corporation
First American Financial Corporation (NYSE:FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 130 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $9.2 billion in 2021, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2022, First American was named one of the 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for the seventh consecutive year. More information about the company can be found at www.firstam.com.
Media contact:
Danielle Cyr, Co-Communications
[email protected] / 914.666.0066
SOURCE: TitleVest
View source version on accesswire.com:
https://www.accesswire.com/718778/TitleVest-Selected-as-a-Preferred-Title-Insurance-Provider-Within-CondoTeks-Title-Portal