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Regulators' New Target

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4 | Th e M Rep o RT National MI Announces MortgagebotLOS Integration Mortgagebot users can now order insurance froM within the platforM. T he private mortgage insurance company Na- tional Mortgage Insurance (National MI) announced that its software tools have been integrated with technology pro- vider D+H's MortgagebotLOS. The merging of the techno- logical platforms now allows originators to purchase National MI policies from within MortgagebotLOS. The intent, National MI explains, is to make the mortgage insurance ordering process easier for loan originators, who would other- wise have to handle the insur- ance ordering process separately from the origination process. "As a result of this in- tegration, lenders who use MortgagebotLOS can now order National MI policies from within the loan origination system, saving time and streamlining the process for lenders," explained Pete Pannes, chief sales officer at National MI. "We understand how im- portant it is for our clients to create a seamless experience for their customers," said Scott Hansen, SVP of marketing at D+H. "By integrating National MI's insurance products into MortgagebotLOS, we are expanding how our clients can use the platform to streamline their processes, while satisfying customer needs." NTC Hits Major Milestone in eRecording ceo John hillMan calls it a step forward for the entire industry. I n Florida, document process- ing provider Nationwide Title Clearing (NTC) has hit a ma- jor milestone in its efforts to help the mortgage industry move into the digital age, announcing that 60 percent of its volume is now submitted to county recorders in electronic form. Come Together Two heads—or companies—are often better than one. "This is a major achievement, not just for our company, but for the entire industry," said NTC's CEO, John Hillman. "Electronic documents and eRecording have long been key elements of our strategy. We have pursued the goal of interfacing with county recorders aggressively and partnered with some of the leading technology firms in the industry." Hillman added, "I'm very pleased to see this approach pay- ing dividends to our clients." Not only is eRecording faster, NTC says, but it also provides a safer, more reliable way to process documents, minimizing the risk of losing documents in transit and cutting down on the time and effort it takes to find public records. Though eRecording is catch- ing on in most states, a few have been more receptive than others—including Colorado and Nevada, where 90 percent or more of NTC documents are recorded electronically. "We're always working to on the web

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