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Submitters

Cost Benefits


Reduce or Eliminate Costs in the following areas through eRecording:

  • Postage, courier, materials, and related labor costs
  • Checks: preparation, signing, document matching, and materials (Ingeo’s ePay system processes payment of county fees electronically)
  • Signing and Notarizing of individual Lien Releases (Sign and notarize up to 100 documents at a time with Ingeo)
  • Tracking documents (Ingeo provides automated tracking for e-recorded documents)
  • Storing documents (Ingeo securely stores e-recorded documents online)
  • Possible fines and penalties for slow recording turn times (e-recording shaves days from turn times)
  • Correcting errors before submission (Ingeo provides real-time data entry error warnings to operators)
  • Fewer Document Rejections. When rejections occur: receive, correct, and re-submit in seconds versus days with paper
  • Materials costs – paper, envelopes, laser or ink-jet cartridges, toner, printer wear and tear
  • Return File Costs – tracking, receiving, filing, some counties require stamped, self-addressed envelopes for document return
  • Printing and Copying – materials costs

Efficiency, Accelerated Recordation, Document Security:

  • One employee handles e-record process versus several people to touch the paper process
  • Reduce Time Gap from document preparation (or loan closing) to recordation
  • Documents never leave the building. Eliminates ‘lost, damaged or corrupted in transit’ risk
  • Ingeo system is secure from intrusion. Data is encrypted. Documents are tamper-proof sealed.
  • Ingeo is a low cost web-based solution. Easy to implement. Simple and efficient to use.
  • More Counties than any other e-recording provider
  • Fully integrated solutions available
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Customer Comments

We are very excited about the increased efficiency and cost savings that we can create for our clients through this opportunity.

Jim Stewart

Nationwide Title Clearing

With the spike in refinancing and mortgage demands, electronic recording is expected to make a major contribution in enhancing the service experience for our customers

Sybille Sauerbrun

Retail Credit Servicing Group Wachovia

“Our partnership with Ingeo is the first step on a long road to eliminating paper from the recording process. We view this as a tremendous opportunity, given the fact that our recording rates per year are now running near 1.7 million documents.”

Eugene “Gene” Moore

Cook County, Illinois Recorder