What do we mean by leading edge settlement services?

As a loan originator, ask yourself how many times daily you are interrupted by a phone call, a fax, an email, or a text message that shifts your attention from productive origination opportunities. Whether responding to an unanticipated hiccup in some arcane, nonetheless essential, detail of a deal that must close day after tomorrow – (and most certainly will not if the second is not subordinated in a timely manner, or an unresolved lien is not removed), or any of the myriad final touches that often go astray, settlement services minutiae can unduly take your eye off the critical ball – the one that is coming at you 90 miles an hour right now.

Now, ask yourself: Are settlement services bringing down your loan origination productivity? If you or your processor is making even one phone call, sending one email or rekeying a single field of information whatsoever, the details are in control – not you. That is no way to keep your pipeline packed with business building deals.

The real question is: Why do lenders that have adopted 21st century LOS solutions, automated underwriting engines, fraud interception systems and customer relationship management tools cling to their decades old settlement services routine? The answer is: because they do not know there is a better way.

At Cogent, we got tired of doing things the old way, so we developed our own solution. Now we are making our solution available to you. Cogent Closing Associates provides the most efficient, most intelligent solution for settlement services anywhere. Hands down.