Premium Title Publishes White Paper on Blockchain Disrupting the Title and Settlement Industry
Blockchain technology is evolving quickly in today’s FinTech segment and there are companies looking at ways to revolutionize and disrupt the title and settlement services industry. While the industry has experienced a dearth of meaningful technological innovation, most of the innovation revolves around automating archaic systems rather than promoting revolutionary thinking. Blockchain may provide a needed boost to disrupt the title and settlement industry.
There are numerous purported benefits for blockchain technology and most of them revolve around four main categories – transactional integrity, security, elimination of third-party intermediaries and speed. It is with these core benefits in mind that the white paper looks at the title and settlement transaction and some obstacles that might need to be solved to realize these sweeping benefits.
Click here to download the white paper, “Blockchain Disrupting the Title and Settlement Industry: A Practitioner’s View.”
About Premium Title™
Premium Title is a national provider of title and settlement services to the mortgage and real estate industry. Premium Title issues title insurance and performs closings for refinance, reverse mortgage, HELOC transactions, REO and non-default purchase and sale transactions, and bulk single-family purchases and refinances. Our customized solutions integrate directly with leading loan origination software, creating efficiency in the closing process. Premium Title is ALTA Best Practices certified and holds a #1 rating from Morningstar. Premium Title is part of the
Michelle D. Esterman
Chief Financial Officer
Britt E. Gottlieb
Senior Manager, Communications
Source: Altisource Portfolio Solutions S.A.