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FOR IMMEDIATE RELEASE
NexGen Compliance Solutions, LLC
CONTACT: Cheri Shine
401-239-5265
CShine@nexgencompliance.com

New TitleHound Software Lets Lending Institutions And Title Companies Instantly Access The Best Rates For Title Insurance


April 22, 2010 - - Middletown, RI - - TitleHound, a product of NexGen Compliance Solutions, LLC, has revolutionized the process of finding the lowest cost title insurance rates that are compliant with federal and local regulations.

TitleHound is the result of years of research and programming that now allows lending institutions and title companies to instantly and automatically access the most affordable title insurance rates for their customers. TitleHound’s proprietary database takes into account both Federal and local regulations and therefore is able to provide compliant rate information from the title companies that serve each individual county across the country.

According to Mr. Jeff Adam, President of Nexgen Compliance Solutions, LLC, “In the past, title insurance was largely a standard part of the closing process and lending institutions and title agents had relatively little information conveniently at hand to help make the optimal choice for the consumer. New regulations have made it all the more important for title and mortgage origination companies to be able to quickly and easily find the most cost effective title insurance option for their customers. That makes the introduction of TitleHound extremely timely.”

Linear Title & Closing has already adopted TitleHound and is thrilled with the results.
According to Nick Liuzza, CEO of Linear Title, “TitleHound allows us to provide our lenders with accurate quotes instantly at the point of origination with the borrower on the phone or over the internet. The rate comparisons show the borrower immediate savings on closing costs when available. In the end, everyone benefits. The borrower has lower overall costs and the lender ensures compliance and realizes increased closing ratios. Linear benefits because our clients and their borrowers establish a firm basis for doing business utilizing tools provided by Linear.”

TitleHound will be featured in Booth 503 at the National Technology In Mortgage Banking Conference & Expo at the Hyatt Regency in Chicago, Illinois April 26th through the 28th.

For more information, e-mail Cheri Shine at CShine@nexgencompliance.com or visit http://www.nexgencompliance.com.

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If you'd like more information about this topic, or to schedule an interview, please call
Cheri Shine at 401-239-5265 or e-mail Cheri at CShine@nexgencompliance.com