WFG expands DecisionPoint with automated refi title commitments

WFG National Title has expanded its DecisionPoint title automation platform to produce touchless title commitments for qualifying refinance transactions. The platform’s artificial intelligence (AI)-enabled production combines a proprietary business rules engine, title information and title production expertise to automate the traditional refinance title process while maintaining existing controls and underwriting standards, leaders said. WFG said the technology is designed to improve processing speed and accuracy while maintaining the reliability and underwriting discipline required to protect lenders and their clients. “At WFG, we believe technology should remove friction from the real estate transaction while enhancing, not replacing, the expertise that protects it,” Steve Ozonian, president and CEO of Williston Financial Group, said in a statement. “DecisionPoint reflects that philosophy by helping our customers operate more efficiently, grow their business with greater confidence, and deliver a better experience for lenders, real estate professionals, and the consumers they serve.” WFG said the latest release represents DecisionPoint’s most significant advancement to date, expa...