Default Title/REO
Default Title
It is essential to have streamlined process and integrated technology to mitigate loss in your portfolio. You need a default partner than can support borrowers, and coordinate all parties across the entire default cycle. SLATE’s Default Title Search model can eliminate the need for servicers, attorneys and other vendors from ordering duplicate and unnecessary title reports from multiple vendors, and opening you to exposure should liens/judgments be missed.
Through our online platform your servicer(s) and attorney(s) can access a single statutory search that SLATE can update for a fraction of the cost. Once a resolution or disposition strategy has been reached, we can even insure the transaction to your purchaser.
- Pre-foreclosure title search and title grading
- Default title processing
- Title curative, including liens/judgments and collateral defects
- Document preparation, execution and recording services
- Third party auction and REO settlement services
- Loan modification preparation and MMP/MPG title assurance
- Deed-in-Lieu and short sale processing including loan document generation, notary or eSigning options
Our Services
Title report and Title Grading
To reduce delays and protect your security interest, it is imperative that title is reviewed for potential problems including lien position, legal/vesting, and tax/judgments. SLATE conducts a complete title examination and will provide a graded report detailing all issues recorded of recorded. Our team can further move quickly to remediate these issues so you can avoid costly delays.
Auction/REO Disposition
Whether you are selling an asset through a third party auction, or with a local real estate broker, SLATE can help coordinate vendors, buyers, sellers, local agents together and ensure that you close on time every time.
We offer both individual and bulk REO tile insurance products, as well as full settlement and disbursement services.
Our team of professional industry veterans offers single point of contact with the highest standard of customer service as well as a smooth, technology-focused way of doing business.
To learn more about our methodology, Click Here to learn more about us.