Provides users access to efficient, guaranteed lien release tracking
Plano, TX, February 1, 2008— RamQuest Software, Inc., the premier business solutions provider for the title and escrow industry and developer of the Closing Market digital network, announced today the integration of Closing Market and reQuire, provider of online release tracking and reporting services.
reQuire’s Release Tracking solution ensures timely completion of a process that in many cases is not performed within the statutory time period, if performed at all. Failure to meet these deadlines can be time consuming and costly for companies. Title companies using reQuire’s service no longer have to follow-up or go back and track a release of lien. reQuire guarantees obtaining a release 100% of the time with this service.
Through Closing Market, Title companies using RamQuest’s Complete Closing™ can now electronically order reQuire’s release tracking. This ensures all liens are removed from properties upon complete satisfaction of the debt to the lender. The service is an efficient, cost effective alternative to the time and labor intensive process of release management.
RamQuest customers are increasingly experiencing benefits from Closing Market interfaces to their bottom line, commented Mick Goldstein, Senior Vice President, Business Development for Closing Market. “Closing Market has a growing number of interfaces to service providers, one of our newest is reQuire’s lien tracking. These interfaces offer tools to impact profitability by increasing efficiency – this is a winning combination both for current RamQuest customers and for title companies across the county.”
About reQuire
reQuire's patent pending Release Tracking Service provides a revolutionary, web-based tracking, reporting, and release solution to settlement agents, title companies and lenders. reQuire offers a quick and accurate alternative to traditional (often times frustrating and time-consuming) method of preparing and closing a secured real estate loan transaction. reQuire’s goal is to facilitate payoff and release communication between the payoff lender and the settlement agent, attorney or escrow company. ReQuire currently provides these services for 13 states and is rapidly expanding to others. For more information about reQuire, visit www.titletracking.com.
About RamQuest
RamQuest Software, Inc. is a Texas-based corporation founded in 1991, and is the premier provider of software tools for the Land Title Industry. The company’s software products are currently in use for title closings in all 50 states. RamQuest’s state-of-the-art software provides a complete set of tools to facilitate and automate much of the work performed by title companies. For more information about RamQuest, visit www.ramquest.com.
Closing Market is RamQuest’s system-to-system network that allows participants to order, exchange and market products and services required in the Real Estate Closing Process. For more information about Closing Market, visit www.closingmarket.com.
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