Black Knight Launches iOnTitle, an Advanced Risk Mitigation Tool
iOnTitle also offers title companies an additional level of security on their title orders. Black Knight leverages
In addition, the solution provides real-time emails with pertinent information when issues are identified, so a title company's staff can proactively follow up and immediately take the required steps to mitigate risk. The email notices include the order number, company, title officer, number of transactions, who created property or name searches and more. A reports page organizes alerts by type, enabling users to easily view, print and email the reports. iOnTitle is compatible with XML, and provides seamless integration into a title company's system for minimal workflow impact.
"The title insurance industry loses millions of dollars in claims each year. Title experts usually uncover any problems during the title search process, however, manual errors can lead to these claims," said
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