Electronic Liens and Titles
As with all of our providers, Calger’s partnership with DDI Technology (one of Texas’ approved ELT vendors) has proven to be highly beneficial to our accounts.
Electronic Lien and Title (ELT) is used to create, save, and alter vehicle titles electronically. So rather than receiving a paper title from the Texas Department of Motor Vehicles through the mail, and having to scan, record, and file it, lenders can exchange information electronically. This means lien perfections can be received quickly, and electronic titles, or e-titles, can be verified within a day. All of this trims days off title and lien processes and contributes to improved customer satisfaction thanks to faster turnarounds. ELT has many benefits including:
• Cutting title and lien process cycle times by days
• Reduces operating and administrative costs
• Increased ease of processing transactions
• Reduces fraud and virtually eliminates mistakes
DDI Technology provides a complete title management suite for financial institutions nationwide. Its solution enables your team to streamline processes, improve reporting, and manage exceptions with a simple, user-friendly application. Additional system features include total-loss payoff, user customization and integration. DDI can assist banks in all 50 states while providing exceptional customer service.
DDI’s Premier eTitleLien® solution is a secure, web-based application that equips lenders with the ability to view, track, and maintain their entire title portfolio both paper and electronic. DDI Technology’s premier solution allows you to streamline your titles and lien release management and helps to eliminate the costs associated with duplicate titles, postage, and storage. Our solution manages your entire titling portfolio electronically, eliminating many of the associated costs.
With DDI’s eTitleLien® solution, customers can also expect:
• Transaction-Based Pricing - No monthly fees or annual subscriptions. Free webinar trainings and customization of services. Unlimited users with flexible permission levels.
• Seamless Automation - Automatic transfer of data from loan system to create custom interface and consolidation of your paper and electronic title portfolio.
• Customized Workflow System - Tailored features to meet your internal title process protocols and value adds to manage your entire title portfolio.
• Responsive Customer Support & Enhanced Customer Service - Live Chat, phone support and ticket submission allow multiple channels of support and quick resolution.
• System Security - DDI Technology is a SOC 2 Type 2 service provider. We have several security options to meet your internal system access requirements.
