RamQuest, Inc., a recognized leader in the land title software industry, reports that the company's metrics show the Closing Market digital network reached a new milestone of 5 million unique transactions during the month of April, 2012. Closing Market is RamQuest's application to application interface that electronically connects business partners allowing each participant to work from within their own software. In these same metrics, RamQuest reports 1.3 million orders have been accepted through the Closing Market network to date - these include title orders received by RamQuest title companies that were initiated by lenders and other Closing Market partners. Additionally, Closing Market is consistently delivering over 100,000 documents each month.
By significantly streamlining the ordering, processing and delivery of settlement services, Closing Market has distinguished itself in the market as a way to achieve efficiencies and increase productivity and profitability, said Brooks Yeager, director of internet service for Closing Market. "Future success in this industry will belong to title companies that can deliver to their customers not only good service but good service quickly and efficiently. Technology is the only way to do that."
The Closing Market digital network continues to gain traction in the RamQuest user community with its integrations to nationally-known loan origination solutions, integrations with 4 of the top 5 underwriters and integrations to numerous service providers. Closing Market enables title companies to set themselves apart by creating competitive advantage. By using the capability and services offered through Closing Market, title companies can more efficiently and effectively service their current customers in addition to opening doors for new opportunities.
About RamQuest, Inc.
RamQuest, Inc., a Texas-based corporation founded in 1991, is the premier provider of business solutions for the Land Title Industry. RamQuest's Total Solution is both a software system and a business philosophy that reflects a progressive approach to our customer's business. The Company's products are currently in use for title closings in all 50 states. For more information about RamQuest, visit www.ramquest.com.
Closing Market is RamQuest's digital marketplace that seamlessly integrates diverse software systems and gives business partners an easy and efficient way to do business together to provide superior service to meet their customers' needs. The Closing Market network allows participants to order, exchange and market products and services required in the Real Estate Closing Process. For more information about Closing Market, visit ClosingMarket.com.
“There’s so much to love about RamQuest’s solutions, including the robust search features in their production software and two-way integrations with key service providers and underwriters – all of which improve our operation’s efficiency. Plus, the software ensures communication between our various departments, which made RamQuest the right business decision for us."
Mary Pellegrini, Executive Vice President