Transforming Loan Management with AFX Research and Nexys
Introducing a Game-Changing Partnership
In an exciting development for the lending industry, AFX Research has announced its collaboration with Nexys, an all-in-one loan management platform. This integration aims to streamline title updates while enhancing the overall efficiency of loan management. With AFX's expertise in property research, users of the Nexys platform can now enjoy same-day title update reports directly within the interface, simplifying the loan process significantly.
Enhancing Efficiency and Accuracy
This partnership not only introduces a seamless way to access title update services but also ensures accuracy without compromising on speed. AFX Research boasts over 60 years of experience in the industry, alongside significant volume in funded loans through Nexys. By incorporating AFX’s title update services, Nexys users can expect a major reduction in manual workflows, paving the way for quicker loan processing times.
Key Benefits of the Integration
With this new integration, several key benefits stand out:
Same-Day Title Updates
Nexys users can take advantage of AFX’s industry-leading title update reports, achieving an average turnaround time of merely 0.67 business days. This quick response time redefines efficiency for lenders.
Simplified Workflows
Gone are the days when lenders had to juggle multiple title companies, which often delayed the process. This integration simplifies these workflows dramatically, allowing for a quicker and more reliable service.
Accelerated Draw Disbursements
One of the most impressive aspects is the ability of lenders to achieve a fivefold increase in draw disbursement speeds, enabling faster loan closures and fueling growth.
Unmatched Accuracy
With AFX’s reports already trusted by major institutions, including the SEC and IRS, users can be confident in the integrity and accuracy of every transaction they process.
Direct Benefits for Lenders
David Mitchell, the CEO and President of AFX Research, expressed the positive impact of this integration, stating that it combines the strengths of both companies. He emphasized that same-day title updates empower lenders, allowing them to prioritize client service and business growth.
Comprehensive Title Update Reports
The title update reports accessible to Nexys platform users include vital information such as:
- Current deed details
- Existing mortgages
- Tax status
- Records of liens or judgments against the property
Focus on Innovation
Kirk Ayzenberg, the CEO/President at Nexys, praised the partnership, noting how they aim to provide tools for lenders to succeed. The integration of AFX’s services is perfectly aligned with Nexys’ mission, promising to redefine the standards of loan management in the industry.
This partnership not only highlights the innovative capabilities of both AFX Research and Nexys but also reflects their commitment to delivering excellence in lending services. By leveraging AFX’s property research capabilities alongside Nexys’ comprehensive loan management solutions, this integration enables lenders to cut costs, save valuable time, and elevate customer satisfaction.
Contact for More Information
For those interested in exploring the integration further or scheduling a demo, please feel free to reach out:
Meghan Askin
Director of Lending Services
AFX Research
877-848-5337 x101
Heather Consalvi
Managing Director
Nexys
609-221-7085
About AFX Research
Established in 1995, AFX Research has emerged as a national leader in property research, offering essential due diligence for lenders throughout the country. With a proven history of remarkable accuracy, AFX has conducted title research on properties with an impressive total assessed value exceeding $1.4 trillion.
About Nexys
Nexys has transformed the lending landscape with over $1 billion in loans funded through its platform. This innovative solution simplifies the loan lifecycle, empowering lenders, brokers, and customers with real-time insights and effortless communication.
Frequently Asked Questions
What does the AFX Research and Nexys integration provide?
The integration offers same-day title updates and enhanced loan management capabilities directly within the Nexys platform.
How does this partnership benefit lenders?
Lenders can access quicker title updates, simplified workflows, and faster draw disbursements, all while ensuring accuracy and reliability in transactions.
What kind of information is included in AFX title reports?
Reports typically include current deed details, mortgages, tax status, and any liens or judgments on the property.
How long has AFX Research been in operation?
AFX Research was founded in 1995 and has significant experience in property research and title updates.
What is Nexys best known for?
Nexys is recognized for its innovative loan management platform that simplifies the entire loan lifecycle from application to servicing.
About The Author
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