New First American tool aims to flag title issues early

By BrokerOwner.net April 18, 2025 Housing News

First
American
Data
&
Analytics
has
launched
a
new
product
designed
to
help
lenders
identify

title
issues
earlier
in
the

mortgage
and

home
equity
loan
process,
with
the
goal
of
cutting
delays
and
reducing
closing
times.

The
product,
called
VeriTitle,
provides
lenders
with
early
title
status
insight
by
analyzing
property
and
ownership
data
at
the
start
of
a
loan
application.

According
to
the
company,
this
can
help
identify
common
issues
such
as
liens,
title
errors,
or
unclear
ownership
that
can
otherwise
slow
or
derail
a
closing.

“VeriTitle
helps
lenders
streamline
decision-making
and
fuels
faster,
more
efficient
closings,
helping
foster
stronger
relationships
with
their
borrowers
and
grow
their
mortgage
and
home
equity
business,”
said
Robert
Karraa,
president
of
First
American
Data
&
Analytics.

The
tool
generates
a
preliminary
title
evaluation
based
on
data
that
the
company
says
includes
first-party
property
records
and
lien
information.
That
early
evaluation
could
help
lenders
determine
which
loans
are
ready
for
faster
closings
and
which
may
require
further
title
work.