Companies Announce Partnership to Deliver eRecording Automation

June 10, 2010

Ingeo Systems Inc., a provider of electronic document recording technology, and NetDirector, a provider of data exchange for the mortgage banking industry, recently announced an integration partnership that streamlines and automates transaction-based processes associated with the electronic recording of real estate documents.

The partnership gives NetDirector subscribers the ability to submit electronic documents into all 340 counties in Ingeo’s nationwide network and Ingeo’s counties can increase the number of submitters they can service electronically, according to Karl Klessig, Ingeo’s CEO.

Ingeo has integrated its e-recording system with NetDirector’s bi-directional interface. The Ingeo/NetDirector integration delivers many benefits to NetDirector’s customers, which include mortgage loan servicers, title providers, a national attorney/trustee network, process servers, publications and others.

Currently, Ingeo lists as customers eight of the top ten mortgage lenders in the nation plus a majority of the top 30, in addition to many regional and local submitters. Ingeo also has 25 submitting business partners and 35 technology partners on the county side.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.