, a Canonsburg, Pa.-based provider of title and settlement, valuation, real estate-owned (REO) asset management, property preservation, and document management services, has added a Deed in Lieu title offering to its product line-up.
According to the company, the new product provides state-driven searches at 20, 40 and 60 years. SingleSource added that it has added team members who specialize in servicing Deed in Lieu transactions to support the product.
“One of the biggest challenges servicers face is title transparency and quicker decisioning ability,” says Ed Austin, chief operating officer at SingleSource. “Rather than rely exclusively on a current owner search, we go the extra mile to provide servicers with a full product search to help them make informed decisions about properties from the outset of their involvement with transactions.”