Outsourcing services and solutions from Outsource2india. Outsource2india provides business outsourcing across a range of services like call center outsourcing, data management outsourcing, financial services, software services and more.
Read about O2I in - francais | español | deutsch
Home Financial Services Case Study: Title Search Services

Title Processing and Insurance Back-Office Support

Overview

When you obtain mortgage financing to assist you in paying for your new home, one part of the loan process is the title search. The title search is an inspection of all of the financial obligations involving the property in question. This includes such actions as lawsuits, liens, legal claims, and others actions that might impact the sale of the property.

Client

Title settlement and insurance firm - MD and VA

Client's Challenges

  • Administrative staff attrition
  • TAT
  • Managing peak seasonal load

Outsource2india’s Back-Office Services Provided

  • Handle ALL incoming faxes for the title search firm and sort them into correct folders
  • Open new orders and contracts (Purchase/2ndMortgage/HELOC/Refinance)
  • Open file in the TSS software and update company dashboard
  • Talk to the loan officer for missing info
  • Fax the seller information sheet to the listing agent
  • Order updated payoff statements
  • Order title searches (Full, Current, Bring-to-date) / Surveys / Lien Certs)
  • Get the property tax information from the County Tax Office
  • Prepare a binder and closing protection letter
  • Prepare a 24-months chain of title
  • Schedule the closing in the company calendar and inform everyone required to be present
  • Post-settlement paperwork

Impact on Client’s Business

  • Staff and related expenses cut significantly
  • Faster TAT
  • Seasonal load managed well

At Outsource2india, we have been providing accurate and high-quality Financial Services for our global customers, enabling them to save on time, effort, infrastructure and revenue. Read more Financial Services Case Studies on Equity Research, Accounts receivable, Bank Loan Production, Financial Research, Billing and HR Support.

Please contact us for further information about O2I's Insurance Back Office Support and Pricing details.

O2I’s Financial Services

Accounting and Finance Services: Outsource Write-Up, Bookkeeping Services , Accounts Payable, Accounts Receivable, Financial Reporting and Accounts Reconciliation services to O2I for proficient and cost-effective services.

Tax Preparation Services: Outsource Tax Return Processing and Tax Preparation services to O2I and benefit from maximized efficiency and profits. Give your business a competitive edge with our efficient services.

Financial Analysis Services: Outsource Financial Analysis services to O2I for accurate, reliable and competent services delivered within a fast turnaround time. Improve the financial health of your organization with our professional services.

Payroll Processing Services: Outsource Payroll Processing services to O2I to reduce your operational costs by 40-50%. Relieve your organization from mundane administrative tasks. Outsource to O2I and concentrate more on your core business.

Insurance Services: Outsource Life Insurance, Property and Casualty, Annuity Insurance, Insurance Policy Administration, Insurance Agency Management, Insurance Claims Administration and Insurance Data services for increased profits.

Outsourcing to India: Discover Why India is an ideal place to outsource to, Read more on Why Outsourcing has become necessary and find out more on What services can be outsourced to India.