ATM Corporation of America, a settlement provider based in Coraopolis, Pa., has announced that its Streamlined Settlement Package has established an industry benchmark by enabling the mortgage loan settlement process to occur within six days from application, "four days faster than its nearest competitor."Boasting complete automation of every step in the collateral valuation, title, and settlement process, SSP gives lenders greater control and improved quality via a centralized Web-based document management system that also facilitates the e-mortgage process, the company said. It also allows lenders to guarantee all settlement costs, including recording fees and mortgage tax, to the borrower at the point of sale. SSP includes VisionCTI, which enables the loan officer and borrower to pre-schedule the appraisal and closing date, time, and location at the point of sale to improve the borrower experience. ATM, located in a suburb of Pittsburgh, can be found online at http://www.atmprof.com.

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