– One of the most innovative and impactful organizations providing solutions to the challenges faced by mortgage lenders and real estate professionals every day –

DataTrace announced today it has been recognized by HousingWire Magazine as a 2022 HW Tech100™ Real Estate honoree. This is the second year in a row that DataTrace has been named a HW Tech100 winner in this category.

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– In 2022, the dramatic shift from refinance to purchase and the overall market contraction requires new strategies as well as renewed focus on cost and efficiency –

With refinance transactions slowing, 2022 will mark a year of significant change for the title and mortgage industries. As Odeta Kushi, deputy chief economist at First American, recently observed:

“The Fed clearly faces a very unique challenge in 2022. How to tame inflation without halting the recovery, and the housing market is entering 2022 with double-digit house price growth, strong underlying demand and near record-low supply. A modest increase in mortgage rates due to tighter monetary policy may actually bring some much-needed house price moderation.”

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– In 2022, forward-looking clients are investing in automation and workflow enhancements to work faster, smarter and more cost effectively –

What will 2022 look like for the title industry? The Mortgage Bankers Association (MBA) expects origination volume to reach $2.6 trillion this year, which would rank as the fourth best year for origination volume in the last 15, but not quite the frenzy experienced in 2021.

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– One Application Programming Interface (API) connection now empowers title companies to accelerate automated title production implementation while providing access to the full suite of DataTrace data, products and services –

DataTrace announced today the launch of the DataTrace Digital Gateway, a single API connection to over 100 DataTrace products and services that helps title companies accelerate the implementation of their automated title production efforts.

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- Tax Services are a Natural Starting Point for Title Companies’ Digital Transformation -

Recently MortgageOrb spoke with Alan Martin, VP, Product Management, DataTrace to discuss the importance of digitizing and automating property tax information. Check out the featured article:

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– Massive geographic expansion nearly triples DataTrace’s total number of title plants to more than 1,600, spanning 80% of U.S. population –

DataTrace announced today the addition of over 1,000 new geographic title plants across the United States, increasing the company’s total number of title plants to more than 1,600, covering 80% of the U.S. population. The new title plants leverage the latest artificial intelligence and automation technology. As title companies more widely automate title production, the demand for state-of-the-art title plants across the country is expected to increase.

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