REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

Qualia Launches Atlas, the Ultimate Enterprise Solution for Connected Real Estate Transactions

PRweb | March 21, 2023 | Read time : 03:00 min

Qualia Launches Atlas, the Ultimate Enterprise Solution

Qualia, the leading digital real estate closing platform, today announced the launch of Qualia Atlas, a revolutionary new addition to their cloud-based title, escrow, and closing solutions. Atlas, which combines title and escrow production and vendor management along with client and homebuyer connectivity, is built with newly developed advanced configurability and automations to manage the unique complexity of national enterprise operations.

“We originally launched Qualia almost 10 years ago with the belief that a modern technology infrastructure could fundamentally transform homebuying into a simple, secure, and enjoyable experience for everyone involved,” said Nate Baker, Qualia’s Co-founder and CEO. “Atlas is the culmination of several years of development to provide a unified closing platform for enterprise title companies.”

Atlas includes a suite of newly released enterprise-critical functionality and services:

  • Data access via an enhanced API for integration with internal systems such as CRM, analytics, and accounting tools
  • Order opening automations to assist teams with high transaction volumes
  • Privacy and permissioning controls for multi-branch or agency operations
  • Sophisticated tasking capabilities to support centralized operations functions
  • A suite of anti fraud tools

In addition, Atlas provides companies with a standardized integration layer that is easy to manage across all transaction parties, eliminating the need for rigid custom-built integrations. This integration layer enables title companies to efficiently partner with their lenders, real estate agents, vendors, consumers, and underwriters. These integrations automate title & escrow companies’ workflows and the dependent workflows for their transaction partners. By providing enterprise-critical functionality and a standardized integration layer, Atlas enables the "connected transaction." This groundbreaking technology streamlines real estate closings from end-to-end for all parties involved in the transaction.

About Qualia

Qualia is the leading comprehensive digital closing platform used by title, escrow, real estate and mortgage lending professionals to transform home buying and selling into simple, secure, enjoyable experiences for millions of homeowners each year. The Qualia platform provides a secure system of record for the real estate settlement ecosystem through a suite of workflow, accounting, reporting, and collaboration products as well as its expansive product and service integrations. Qualia is headquartered in San Francisco, CA and has offices in Austin, TX, and Superior, CO. For more information on Qualia, visit http://www.qualia.com. Contact: Matt Kaufman, press@qualia.com

Spotlight

Real estate investment requires strategic asset allocation to maximize returns. Learning the asset allocation process helps improve portfolio performance.

Spotlight

Real estate investment requires strategic asset allocation to maximize returns. Learning the asset allocation process helps improve portfolio performance.

Related News

REAL ESTATE INVESTMENT, BUYING/SELLING

Rent. Group, Inc. Greatly Expands the Reach of Its Client Listings to 350M+ Monthly Visits with New Strategic Agreement with Realtor.com®

Businesswire | April 10, 2023

Rent., a leading provider of integrated marketing solutions to the multifamily and single-family rentals industry, and Realtor.com®, today announced a rental content listing distribution agreement. RentMarketplace. listings now will be distributed to the large Realtor.com® audience in addition to the current exposure on the Rent. family of sites: Rent.com, ApartmentGuide.com, Rentals.com and Redfin.com. A first in the industry, RentMarketplace. is the only listing network providing multi-family properties access to two of the nation’s largest real estate listing sites: Redfin.com and Realtor.com®. “At Rent., we are committed to simplifying the rental experience by connecting the right people with the right properties. In teaming up with Realtor.com®, we have significantly expanded the reach of our clients’ listings,” said Jon Ziglar, CEO of Rent. “RentMarketplace. is the only multi-family listing network to cover two of the largest real estate networks in the country, which brings incredible value to our partners and makes it easier for properties to connect with their next renter.” The rental listing data provided by Rent. complements Realtor.com®’s current rental content derived from direct relationships with single-family and low-rise rental owners, residential property management companies, and multiple listing services nationwide. The addition of the listing data from Rent. provides a more comprehensive experience for people looking for a home or apartment to rent. Laurence Jankelow, Realtor.com®’s Vice President of Rentals added: “As we continue to invest in and grow Realtor.com®’s open rentals marketplace, we are excited to work with new content partners of all shapes and sizes that allow us to create a better consumer experience for renters on our site. Millions of consumers search Realtor.com® each month for their next home or apartment, and as we continue to expand our audience and listings content to include the widest selection of quality rentals and more choices than ever before, we are helping drive greater results for our partners.” With this agreement to expand content to the Realtor.com® audience, active subscription client property listings on Rent., which represent a subset of total inventory, will now receive access to over 350 million visits each month, vastly expanding their reach and exposure to potential renters, increasing leads and filling more vacancies. About Rent. Rent. is a two-sided marketing platform that simplifies the entire renter experience by matching the right property with the right renter, at the right time. Rent. services the property side of the market with scaled marketing solutions such as search engine marketing, lead nurturing through chat bots and client automation tools, and reputation management through ratings and reviews as well as social media monitoring and marketing. This, paired with advanced search filtering and an optimized consumer app and site experience, enables Rent. to offer renters an ideal home-finding experience. Rent. exists to help people find the perfect place. Rent. is operated by Rent Group Inc., a subsidiary of Redfin Corporation. About Realtor.com® Realtor.com® is an open real estate marketplace built for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today’s on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.

Read More

REAL ESTATE TECHNOLOGY, AGENT

CertifID Launches Seller Identity Verification Solution for the Real Estate Industry

Businesswire | May 15, 2023

CertifID, a leading wire fraud protection company, today announced the availability of an identity verification solution to help title agencies and real estate firms combat seller impersonation fraud. The solution augments CertifID’s existing capabilities that evaluate more than 150 markers of fraud, including the verification of wiring instructions and bank account information. The new solution is aimed at addressing an alarming increase in seller impersonation scams involving vacant land. The real estate industry overall continues to be a top target for fraud, according to the Financial Crimes Enforcement Network (FinCEN). Vacant lots scams in particular have been fueled by a downturn in existing home sales paired with an increase in vacant land prices, as noted by the National Association of Realtors (NAR). The news also follows an advisory issued by the U.S. Secret Service Cybercrime Investigations division in January, citing a “sharp increase in reports of real estate fraud associated with vacant and unencumbered property.” According to CertifID’s own research, 73% of real estate firms have seen a year-over-year increase in seller impersonation fraud attempts since the start of 2023. To help detect seller impersonation fraud, CertifID recommends the use of its solution to comprehensively verify the identity of a seller in any property sales involving vacant land. The solution includes the use of device verification, multi-factor authentication and knowledge-based authentication to triangulate and verify the identities of sellers. Here’s how it works: At the beginning of the closing process, the title company works with the listing real estate agent to initiate a request for seller information through CertifID; CertifID then performs a series of security checks that assess the risk of fraud; If CertifID determines a high risk of fraud, a request for additional proof of ownership from the seller is made; Any change in seller parties or payment details should trigger an additional request to re-verify identity before closing funds are sent. The solution from CertifID also includes wire fraud insurance of up to $1M per transaction for sellers that are verified through the solution. “Most of our transactions are with remote sellers, so it’s nearly impossible for me to verify identity in person,” said Christian Ross, President of Ross Law | Ross Title. “I’ve evaluated a number of ID validation tools to solve for this problem, and none of them provided the level of security that CertifID provides.” “This latest increase in seller impersonation scams coincides with the adoption of virtual closings and the ongoing acceleration in cyber fraud activity,” said Tyler Adams, CEO of CertifID. “With a majority of U.S. states seeing a net increase in vacant land sales, the industry has to respond by upgrading its payments fraud protection capabilities. CertifID is providing this new solution to help title agencies and real estate firms secure and insure their transactions, as well as protect their client community.” About CertifID CertifID is a leader in wire fraud protection. The company safeguards billions of dollars every month from fraud with advanced software, insurance, and proven recovery services. Trusted by title companies, law firms, lenders, realtors, home buyers and sellers, and others, CertifID provides further peace of mind with up to $1M in direct coverage on every wire it protects.

Read More

REAL ESTATE INVESTMENT, MORTGAGE AND LENDING

Snapdocs Builds Integration with Finastra to Enable a Seamless Closing Process for Trustmark

Businesswire | May 03, 2023

Snapdocs, the mortgage industry’s leading digital closing platform, today announced a new integration with Finastra’s Mortgagebot loan origination system (LOS) to support Trustmark’s eClose transformation. The integration allows Trustmark’s lenders nationwide to execute closings in one centralized workflow – using Snapdocs’ digital closing platform within the MortgagebotLOS platform – to drive faster closing times, reduce operating costs, and enhance the borrower experience. This partnership is the latest of five different integrations built by Snapdocs in just 12 months to give lenders the ability to connect their technology portfolio and further streamline the shift to digital closings. “The transition to digitized processes is the most successful when the technologies in a lender’s existing stack work harmoniously together,” said Camelia Martin, Vice President, eMortgage Strategy & Industry Affairs. “Our continued effort to expand our partner network and accompanying integrations with leading providers like Finastra is essential in creating more value for the entire mortgage ecosystem.” Trustmark National Bank, a wholly-owned subsidiary of Trustmark Corporation (NASDAQGS:TRMK), is already using the integration to automate the closing process across their technology ecosystem and deliver upleveled customer experiences. “Our mission since our founding in 1889 has been to achieve outstanding customer satisfaction. The integration between Snapdocs and MortgagebotLOS will build on the strong foundation we’ve built to move to digital mortgages by simplifying the eClosing process for all parties involved, and making it significantly easier for our borrowers to quickly review and sign closing packages the way they prefer,” said Robert Parker, Senior Vice President, Mortgage Services, Trustmark. With the new integration, Trustmark lenders can easily facilitate digital closings powered by Snapdocs and finalize transactions without leaving MortgagebotLOS. Lenders can order required closing documents and data within MortgagebotLOS and securely transmit them to Snapdocs to initiate the closing process. The completed documents are then encrypted and returned to MortgagebotLOS for secure storage. The result is a more efficient and transparent experience for all parties involved in the closing. “Our partnership with Snapdocs further validates our work to create a solution that’s open to innovation, and empowers our joint customers to adopt the technology and tools they need to grow in any type of market,” said Mary Kay Theriault, Director of Product Management at Finastra. “We’ve long admired Snapdocs’ work to redefine the mortgage experience and streamline what has traditionally been a very manual and labor-intensive process. This integration will only accelerate the move to digital mortgage closings and create a more efficient, secure, and transparent process for all participants.” About Snapdocs Snapdocs is the mortgage industry's leading digital closing platform. Powering millions of closings each year, Snapdocs combines an open platform, patented AI technology, an extensive settlement network, and a team of industry experts to ensure digital closing success. Our proven approach enables market-leading lenders and title companies to automate the closing process and turn it into a competitive advantage. Using Snapdocs, lenders and title companies close more loans at lower costs while delivering the modern, referral-worthy digital experience borrowers expect. For more information, please visit www.snapdocs.com. About Finastra Finastra is a global provider of financial software applications and marketplaces, and launched the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning solutions and services across Lending, Payments, Treasury & Capital Markets and Universal Banking (Retail, Digital and Commercial Banking) for banks to support direct banking relationships and grow through indirect channels, such as embedded finance and Banking as a Service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by ~8,600 institutions, including 90 of the world’s top 100 banks. For more information, visit finastra.com. About Trustmark Corporation Trustmark Corporation is a diversified financial services company headquartered in Jackson, Mississippi, with locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Visit www.trustmark.com for more information.

Read More