Go Beyond the Title Plant Blog

- 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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DataTrace ® is proud to be recognized as a Gold and Bronze Stevie Award winner in the 19th annual Stevie® Awards program, specifically in the 2021 American Business Awards technology solutions category. The American Business Awards are the U.S.A.’s premier business awards program.

Our Rapid Legal and Vesting Report is recognized for supporting lenders and title insurance firms by harnessing artificial intelligence (AI) and optical character recognition (OCR) to drive workflow improvements through a single aggregation platform, TitleFlex™. The Rapid Legal and Vesting Report delivers the legal description from a property’s last full-value transfer and the vesting information from the most recent deed.

TitleIQ Enterprise is recognized for its nationwide title search and examination capabilities in a single platform. Powered by the industry’s largest title database, TitleIQ Enterprise delivers an efficient, automated process to produce title reports through a unique combination of nationwide data sources, unified title search workflows, robust examination and automation efficiencies that are directly integrated into leading commercial title production systems.

“We are honored to be recognized as a Stevie Winner for the fourth consecutive year,” said Robert Karraa, president of DataTrace. “The recognition of both our Rapid Legal & Vesting reports and TitleIQ Enterprise solution speaks volumes of our continued commitment and investments to deliver next-generation technology automation and unmatched data quality to the title and settlement services industries,” said Robert Karraa president of DataTrace.”

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Every real estate transaction—whether it is backed by a mortgage or is an all-cash deal—requires a determination of ownership and a clear transfer of title. That said, many companies still rely on legacy systems and manual processes to procure, search, and examine title. This slows the search and underwriting processes, makes them more prone to errors and delays closings at the expense of the homebuyer.

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– SoftPro 360 users have automated access to DataTrace's
nationwide title production services and tax information –

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– Integration allows Qualia Marketplace users direct access to
DataTrace products and services –

DataTrace has just announced our recent integration with Qualia’s Marketplace. Now, Qualia users are able to leverage the title products and services they know and trust into their existing workflows.

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