FIRST TITLE’S FIRSTVISION PLATFORM FEATURES

Updated Nationwide Closing Cost Calculator

Encompass GFE and Ordering Interface

New TRID Screens

1

www.firsttitleservices.com

1-866-4TITLES (484-8537) Presented By: Stephen J. Papermaster

2

Choose from

the available

options and

click “Calculate

Fees”

New Closing Cost Calculator

3

As you know, our Web-Based System has been providing our customers with EXACT Title, Closing, Recordation and Transfer charges in order to prepare their GFE’s in the past. To assist you in further preparation of the new form GFE, we now display the charges in three different formats:

1. HUD-1 Line Number

2. GFE Block Number

3. Line 1101 Non-Itemized ChargesALREADY INCLUDED IN BUNDLE

Anatomy of First Title’s Fee Calculation System

4

Instant HUD-1

The “Estimated

HUD-1” button to

view your instant

HUD-1 is available

the second you

place your order!www.firsttitleservices.com

1-866-4TITLES (484-8537)

Encompass IntegrationFirst Title Fee Calculator

Once in the “Borrower” information screen

Go to the “Services” tab and select “Order Title & Closing”

Once in the First Title Order Screen• Enter your log-in credentials• Confirm your email• Pick the transaction type

• Lenders Policy for Refi & Equity• Owners Policy for Purchase

• Click the Inquire about fees button to view and import the fees

1

2

The 1100 & 1200 series GFE Fees are display for your review.

• Click the “Import” button, to send fees in to your Good Faith Estimate and other disclosures

Close the order screen to view the imported fees

3

Navigate to your 2010 GFE - Itemization

form to see your imported fees

4

1100. Title Charges

1100. Title Charges

1200. Government Recording and Transfer Charges

1200. Government Recording and Transfer Charges

100%Guarantee

Against Tolerance

Cure Violations

After ordering the Encompass Log and Services area will now indicate your order has been placed in three areas

• The new “icon” on your Order Title & Closing button

• The Log • The eFolder.

You will be notified by email when your order is complete.

• All title and closing documents are fully automated into Encompass through our FirstVision web service.

• Select the product ordered and click the “Retrieve” button.

After “Retrieving” the document. • The product is now available for

use in the Document Details window.

First Title and Escrow

First Title and Escrow

Commitment for Title Insurance Issued by

First Title and Escrow

Encompass Fee integration into the New 2015 Itemization Form

Loan and Closing Disclosure Forms

www.firsttitleservices.com

Encompass Fee Integration

• Understanding the changes included in 2015

Itemization form

• Borrowers ability to shop and choose

• Loan Estimate Form

• Closing Disclosures Form

Import Fees

First Title & Escrow - New Features for

201017

For this example we will generate a quote for the loan

amount of $382,500 on a purchase transaction.

Place the order by going to the Service tab to Order Title & Closing , after selecting First Title select

your title product and click the inquire about fees button and import your fees in to your 2015

itemization form.

First Title & Escrow - New Features for

201018

First Title & Escrow - New Features for

201019

First Title & Escrow - New Features for

201020

First Title & Escrow - New Features for

201021

2015 Itemization Form

First Title & Escrow - New Features for

201022

After importing your fee data as previously shown, it will now import into the 2015 Itemization Form

This form gives lenders to the ability to specify weather or not the borrower was : 1.Required to use the fees 2.Not required to but did not shop for fees3.Did shop for fees

Review 1100 Title Charges Title 1100

First Title & Escrow - New Features for

201023

First Title & Escrow - New Features for

201024

Identifying the borrowers fee choice

First Title & Escrow - New Features for

201025

1st click the icon listed next to the title fee line items to

activate the Fee Details box

First Title & Escrow - New Features for

201026

Once selected the Fee Details box will appear

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201027

The borrower can shop for and did shop for check box options will designate what section the data displays in for the Loan Estimate and

Closing Disclosure Forms

Loan Estimate Page 2

The loan coast and other costs are displayed on page 2 of the Loan Estimate form. We will focus our attention on sections C, E, H that show:

First Title & Escrow - New Features for

201028

First Title & Escrow - New Features for

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Loan Estimate Page (2) contains fees related to

Title, Recording, Taxes and optional Title Insurance …

First Title & Escrow - New Features for

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Section C displays and sub-totals Title service fees the

borrower can shop for .

First Title & Escrow - New Features for

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Section E: Taxes and Other Government Fees from 1200 series of the 2015

Itemization

First Title & Escrow - New Features for

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Section H: Other showing optional fees like Owner Title insurance fees

Closing Disclosure Page 2

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Closing Disclosure Page 2 displays in sections how

the fees will be paid between the borrower and

the seller as closing

First Title & Escrow - New Features for

201034

Section C display the fee the borrower did shop for and how

they will be paid by the either the borrower or seller at closing as

defined in their negotiations and applicable law

First Title & Escrow - New Features for

201035

Section E . Taxes and Other Government Fees provide the

same borrower – paid and seller –paid options

First Title & Escrow - New Features for

201036

Section H. Other displays the optional title insurance fees