Radian Streamlines Title Insurance Approval Process with Radian Ready
03 Décembre 2020 - 10:30PM
Business Wire
Improved Speed, Accuracy and Clarity Make for a
“Better Take on Title”
Radian Settlement Services, a subsidiary of Radian Group Inc.
(NYSE:RDN), today launched a digitally-enhanced title review
process known as Radian Ready that provides:
- Accurate title searches powered by Radian title
technology;
- Simplified title reports that give borrowers clear curative
actions and turn times;
- Seamless workflows that streamline the transition from title
production to title curative; and
- End-to-end service from the Radian Title Services team.
By easing the transition between title production and title
curative, Radian Ready cuts the clear to close timeframe down by
days. This new technology-driven process, which leverages a
powerful data and analytics platform, can significantly shorten and
simplify the title insurance approval process for Radian
customers.
With Radian Ready, title documents will be routed into one of
three categories based on a simplified grading system:
- Radian Ready graded title documents are instantly
approved clear to close.
- Radian Rapid graded title documents indicate there are
items on title that are expected to be clear to close in 1-5
business days.
- Radian Traditional graded title documents indicate there
are items on title that will take 5 or more business days to
clear.
If there are outstanding items to clear, Radian will identify
exactly what those items are and provide a plain language
explanation to the customer of how those items will be cured. This
simplified report is unique in the industry and provides both the
lender and borrower with the advantage of a clear explanation and
timeline.
“With an innovative technology platform combined with a high
level of end-to-end customer service from search through closing,
Radian Ready clears the way for quicker closings and enables
borrowers to know where they stand at every step of the process,”
said Jill Cadwell, Senior Vice President, Title Operations. “The
launch of Radian Ready is a key milestone in Radian’s pursuit to
transform the title insurance and closing process—we are leveraging
our unique technology, data and analytics to disrupt the
traditional title process and enable a seamless experience for our
customers.”
For more information about Radian Ready, visit
radian.com/readytitle.
About Radian
Radian is ensuring the American dream of homeownership
responsibly and sustainably through products and services that
include industry-leading mortgage insurance and a comprehensive
suite of mortgage, risk, title, valuation, asset management and
other real estate services. We are powered by technology, informed
by data and driven to deliver new and better ways to transact and
manage risk. Visit www.radian.com to see how Radian is shaping the
future of mortgage and real estate services.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201203005710/en/
For the Media: Rashi Iyer – Phone: 215.231.1167 Email:
rashi.iyer@radian.com
For Investors: John Damian – Phone: 215.231.1383 Email:
john.damian@radian.com
Radian (NYSE:RDN)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Radian (NYSE:RDN)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024