CFA to Offer Closing and Title Services through Loan Prospector

CFA Real Estate Network here has reached an agreement with BCE Emergis to participate as a service provider on their online transaction system, Emergis Vendor Services Exchange.

The Emergis exchange is available to more than 14,000 lenders through Freddie Mac's www.loanprospector.com Internet site.

The agreement will expand CFA's (www.cfacts.com) current ability to provide title insurance and settlement services online through another outlet, streamlining CFA's delivery of products and services, the company said.

CFA Real Estate Network, also known as Credit-facts Inc., is a service and title company. Its clients include mortgage companies, home equity lenders, real estate agents, attorneys and consumers. CFA provides title work, title insurance, closing services, appraisals, flood certification, document preparation and recording services nationwide. CFA is an agent for Stewart Title and National Title Insurance of New York.

Emergis Vendor Services Exchange is a Web-based service from BCE Emergis that enables mortgage lenders and settlement services providers to place, receive and manage orders for flood determinations, title products, appraisals, closing and other settlement services on a real-time basis. It has been in production since July of 2002.

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