NextAce Enables Title Examination in Less than Five Minutes with New Title EDITOR2.0
ORANGE, Calif. — April 15, 2013 —NextAce Corporation announces the immediate availability of Title EDITOR2.0, marking a major technological breakthrough in digital title examination that advances the company’s leadership position in the real property intelligence space. Title EDITOR2.0 gives the title examiner the newfound ability to review from the actual prelim, commitment, or title product from the very start of the process, eliminating guesswork and errors. Title EDITOR2.0 dramatically decreases the amount of time an examiner spends reviewing each product, while leveraging the many benefits of automated examination that only the NextAce platform provides.
Title EDITOR2.0 takes a “what you see is what you get” approach to displaying the actual title product. As a quick and easy single seat solution for title examination, Title EDITOR2.0 is a noteworthy departure from all other title industry platforms in use today. Among the program’s many features are:
- Support for a broad range of product types including: Refinance, Resale, REO, Short Sale, and Foreclosure, among others.
- The entire report can be displayed from any browser.
- Full access to all source documents and information is provided, including the chain of title, taxes, GI run, recorded documents, county websites, maps, and more.
- Everything necessary is viewable, accessible, and ready for validation from the very start.
The enhanced Title EDITOR2.0 interface gives the examiner the ability to work smarter and faster. Productivity features include a new drag and drop capability that allows codes to be moved within the report; complete integration with all source documents, title plants, taxes, and information; and real-time views ofall changes as they will appear in the final product.
“We made hundreds of improvements to our former production system over the past two years,” said NextAce CEO Don Cantral. “The bottom line is that Title EDITOR2.0 delivers paradigm changing productivity improvements of 50 percent or more while adhering to all customer rules and requirements.”
Title EDITOR2.0 uses patented Title EDGE® on-demand data extraction technology to deliver fast and accurate title information to the examiner’s fingertips for enhanced productivity and improved integration with the title company’s production platform. With NextAce, from the start of the examination through to completion most title products take only two to four minutes to complete, with all title documents displayed and immediately accessible.
“Since the user is looking and interacting with the title product itself, they no longer have to wonder where something will show up in the report or what function they have to use in the system to get particular information to the appropriate spot in the report,” explains Cantral.
For information on implementing Title EDITOR2.0, contact NextAce at 714.953.9300, or to learn more watch a demonstration.
With millions of title orders processed since the company's founding in 2003, NextAce is the financial industry's technology leader in providing automated real property intelligence for the title insurance, mortgage lending, foreclosure, real estate, and investment markets. The patented NextAce technology has evolved into a powerful production and workflow platform that connects and automates all major functions of the entire title search and production process, making NextAce the fastest, smartest, and most affordable choice for real property intelligence today. www.nextace.com
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