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7 November 2024 M T E C H November 2024 » which builds on the virtues of the cur- rent AgentNet program and minimizes the complexity that comes with using several systems. "Our title agents wanted a simplified way to access our industry-leading tools that complements how they operate their businesses, so we completely reinvented AgentNet based on their feedback and our deep understanding of their needs," said Stephen Vincini, President of First American Title's Agen- cy Division. "AgentNet provides our title agents with the tools they find most valuable in a platform that is straight- forward and simple to use, so they can deliver the certainty and trust needed to power seamless real estate transac- tions for their customers and grow their businesses." The AgentNet platform will feature three kinds of goods and services at launch including: • AgentNet Services: The digital storefront for First American Title's products and services that paves the way for seamless title trans- actions, with a time-saving order entry process, flexible report and remit options, and real-time order insights that will soon include proactive fraud alerts. AgentNet Services also includes solutions to support time-sensitive and complex transactions and instant access to back-office services and title experts whenever they're needed. • AgentNet Knowledge: A one-stop destination for First American Title's underwriting guidance, education, and CE/CLE training courses. More than just a repository of information, AgentNet Knowledge provides title agents with First American Title's industry-leading underwriting ex- pertise, from bulletins and forms to cybersecurity and fraud prevention resources, delivering a best-in-class experience that sets the foundation for AI capabilities. • AgentNet Production: A brand-new product, which is a comprehensive, cloud-based title and escrow closing solution designed to simplify real es- tate closings from order origination through post-closing. Its intuitive navigation caters to all experience levels, from new hires to high per- formers. The web-based, work-from- anywhere software supports basic transactions and can be custom- ized for more complex, multistate title agency business models with more advanced functional needs, including supporting transactions involving other underwriters besides First American Title. CANDOR TECHNOLOGY ANNOUNCES EXPANSION OF ITS LOAN ENGINEERING SYSTEM TO INCLUDE FHA LOANS F ederal Housing Administration (FHA) loans are now part of the Loan Engineering System (LES) offered by Candor Technology. In a first for the industry, Candor's LES provides a warranty on income computations and cleared conditions for funded FHA loans in addition to automating under- writing decisions. The loan origination software used by lenders may compute income, assets, and other qualifying credit criteria while cross-referencing FHA require- ments thanks to Candor's LES, which connects with it effortlessly. The solu- tion is supported by a warranty from an AAA-rated insurer for a maximum of 60 months after closure and creates and clears dynamic, loan-specific conditions. "There is no other automated under- writing technology that helps lenders make decisions on FHA loans like ours," said Mark Hinshaw, CEO of Candor Technology. "We're excited to lead the "AgentNet provides our title agents with the tools they find most valuable in a platform that is straightforward and simple to use, so they can deliver the certainty and trust needed to power seamless real estate transactions for their customers and grow their businesses." —Stephen Vincini, President, First American Title's Agency Division