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CTG Real Estate Information Services Selects SharperLending Platform to Bundle Settlement Services Together at a Single, Secure Website.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- Platform one-stop shop One-Stop Shop

A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers.
 for appraisal, title, closing, flood and credit

CTG CTG Cartridge
CTG Center for Technology in Government (SUNY, Albany, New York)
CTG Center for Technology in Government
CTG Computer Task Group (IT consulting company; Buffalo, NY, USA) 
 Real Estate Information Services See Information Systems. , Inc. (CTG REIS n. 1. The word is used as a Portuguese designation of money of account, one hundred reis being about equal in value to eleven cents.
1. A common title in the East for a person in authority, especially the captain of a ship.
), a national provider of settlement services to the first mortgage lending and home equity lending industries, formed a strategic alliance with SharperLending, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 to private label the SharperLending secure web-based platform as its bundled services portal. The CTG REIS suite of products is now available at one site: www.nationwidesolution.com. This announcement was made at the Mortgage Bankers Association's (MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
) 91st Annual Convention.

"Recent acquisitions have positioned Capital Title Group not only as a title insurance provider, but also as a national vendor management company offering a complete menu of settlement services. As the company expands, we understand the value behind offering a platform to our lenders enabling them to order all settlement service products at one location," said Richard A. Alexander, president and chief executive officer of CTG Real Estate Information Services. "SharperLending provides a secure tool that proficiently bundles all of our settlement services together without forcing our users to manage multiple web sites and screens, making their jobs easier and more efficient. We chose SharperLending as our delivery channel for bundling settlement services for this reason, as well as its flexibility to allow us to incorporate our unique business needs."

CTG REIS, through its subsidiaries, Nationwide Appraisal and Title Services and Nationwide TotalFlood Services, offers flood, appraisal, title, closing, portfolio analysis and foreclosure services to customers throughout the country. With SharperLending's technology, Nationwide now offers its site (www.nationwidesolution.com) for customers to access all Nationwide services. Additionally, the Nationwide products and services are now available to all users of the SharperLending platform.

Flexibility of the technology allows CTG REIS to integrate all of its products and business processes with the platform and allows lenders to gain access to settlement products and create bundles specific to their borrowers via the private labeled Nationwide Solution or standard SharperLending sites.

"SharperLending builds partnerships with companies that share common industry goals, and Capital Title recognizes that bundling ancillary services together is a necessary step toward paperless mortgages," said Dave Black
For other uses, see: David Black.


David Black (April 19, 1892 - October 27, 1936) was a pitcher in Major League Baseball who played in the Federal League from 1914 through 1915 for the Chicago ChiFeds/Whales (1914-1915) and Baltimore Terrapins
, president of SharperLending. "CTG Real Estate Information Services has developed a business strategy with bundling services as its main focus, and SharperLending has the power and functionality to support the company as it becomes a true bundled settlement services provider."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 company officials, CTG REIS chose SharperLending's enterprise level platform because of its flexible technology, extensive user capabilities and loan data security. The platform has multi-user collaboration, data gathering, application processing and decisioning capabilities, as well as a secure transfer of loan information through a virtual loan folder.

The SharperLending platform enables Nationwide customers to order all the reports and documents needed to process and close a loan from a secure, single point of input. It offers a flexible solution for managing multiple mortgage products from the various business units with the CTG family of companies.

"Together, SharperLending and CTG REIS work together to offer a bundled services solution for a variety of loans so that lenders and brokers can offer more products and expand their customer bases," added Black.

About Capital Title Group (Nasdaq: CTGI CTGI Capital Title Group Inc )

Headquartered in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " , Capital Title Group, Inc. through its subsidiaries offers services throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  for title insurance, appraisal and valuation services, flood determinations and other related services to residential and commercial customers in the real estate and mortgage lending industries. In addition to CTG Real Estate Information Services, Inc., other subsidiary companies, include-Capital Title Agency, Nations Holding Group, New Century Title Company, United Title Company, First California Title Company, Land Title of Nevada, Nationwide Appraisal Services, Nationwide TotalFlood Services and AdvantageWare-with strategically located offices in Arizona, California, Nevada, Colorado, Pennsylvania and Texas.

The Company is also licensed to issue and underwrite title insurance policies in Arizona, California, and Nevada through United Capital Title Insurance Company. The combined companies have in excess of 2,200 employees.

About SharperLending, LLC

Headquartered in Spokane, Wash., SharperLending, LLC, was founded in 1989 and was the first to offer a complete browser-based mortgage credit reporting system on the Internet. The company's proven technology has processed more than 40 million secure credit-related mortgage transactions with more than 800 million trade lines. SharperLending, LLC, has three divisions under its corporate umbrella: SharperLending Bundled Services Division, the bundled services platform; SharperLending Affiliated Credit Division, technology for the credit reporting industry; and EPN EPN

ethyl p-nitrophenyl benzenethiophosphanate; a nonsystemic organophosphorus insecticide and acaricide.
 Solutions, the loan origination product packaging division. For more information, visit www.sharperlending.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 25, 2004
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