Technology Consulting/Tech Services - N/A, N/A, US
1TRACT is a specialized Browser-based technology company serving buyers and sellers of real estate. 1TRACT's technology is designed to protect buyers and sellers of real estate and mortgage lenders in the U.S. by independently assisting title agents involved in land registration where certain post-closing actions are needed to manage conveyance risk for the benefit of consumers. 1TRACT independently verifies when documents evidencing transfer of ownership of real property, such as conveyance deeds and purchase money mortgages, have been recorded by county register's offices and when documents evidencing release of sellers' pre-closing liens and encumbrances, such as paid-off mortgages, deeds of trust, taxes, judgments and other liens, have been recorded by county register's offices and other authorities.1TRACT measures the post-closing performance of title agents, mortgage lenders and others involved in the post-closing process and timely delivery of title insurance policies to buyers of real estate and their mortgage lenders. The patent-pending output of 1TRACT's system includes measuring (e.g., scoring of ALTA Best Practice and Statutory compliance), reporting for process improvement and compliance marketability, and delivering on final title policy production so consumer risk is eliminated and clear title is validated in connection with issuance of title insurance policies to purchasers of real estate by title insurance underwriters through their title agents.With 1TRACT, every consumer, mortgage lender, title agent, title insurance underwriter, and title company E&O carrier is dramatically better protected with the land title industry's first comprehensive, automated solution to post-closing compliance and title policy delivery. For more information, contact info@1tract.com.1TRACT was formed in Delaware and is headquartered in Franklin, Tennessee USA. Its innovative technology is patent pending with the U.S. Patent & Trademark Office.
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