Hall Settlement Systems Announces Availability of eTitleAxis(TM)

Hall Settlement Systems Announces Availabilit

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Hall Settlement Systems Announces Availability of eTitleAxis(TM)

Hall Settlement Systems (HSS), an affiliate of Hall Financial Group, today announced the availability of eTitleAxis . A comprehensive title insurance and settlement system, eTitleAxis automates the process of order entry, transaction management and status reporting, title production, escrow closing and settlement, recordation and policy issuance.

Title companies should have a choice when choosing underwriting partners, said Jon Allen, vice president of business development, Hall Settlement Systems. eTitleAxis is a complete Web-based system that provides automatic underwriter selection so companies can chose any number of underwriting partners with whom to do business.
Using Hall Settlement Systems eTitleAxis companies can:

� Automate settlement processing for paper and electronic mortgages � Instantly generate estimated closing fees and price quotes � Use customizable fee engines to automatically create HUD statements � Review and print published documents via an online document library � Centralize closing documents for secure viewing by all appropriate parties

� Upload, email and fax documents directly into the application and assign them to a transaction � View the complete, traceable history of all user activity by storing and tracking every version of all documents � Balance receipts and disbursements of individual transactions and report across multiple trust accounts � Generate electronic funds disbursements directly from the system � Seamlessly integrate with Lender Origination Systems, shipping companies, property search databases, file tracking and inventory systems and multiple banking institutions � Enable collaborative communication between title companies, lenders, signing agents, realtors, vendors and consumers eTitleAxis is a robust and proven system that allows title companies to reduce production costs, increase customer acquisition and retention and gain a competitive advantage by enabling a better consumer experience, said Sri Krishnan, vice president of engineering, Hall Settlement Systems. To date eTitleAxis has processed more than 150,000 title and settlement transactions with an aggregate value of more than $22.5 billion.

Krishnan cited one eTitleAxis customer that used the system to successfully process more than $1 billion in less than five months of operation. Within four more months of that, they had surpassed $2 billion, and only two months later surpassed $3 billion. All this was done with two relatively small California offices.

eTitleAxis is easy to deploy requiring no additional hardware or software. It also can be customized to include company logos and a full listing of contacts, divisions and branches.

Hall Settlement Systems is focused exclusively on delivering superior customer service and developing advanced software that enables title companies, lenders, realtors, vendors, buyers and sellers to interact more efficiently, said Donald Braun, president, Hall Financial Group. By drawing on Hall Financial Group s 35 years of experience in the real estate and financial services business, and leveraging the expertise and resources of our successful technology subsidiary Skywire Software, Hall Settlement Systems is well positioned to become an industry leader in both electronic title and mortgage processing.

In addition to eTitleAxis, Hall Settlement System markets eMortgageAxis . A two-time nominee for the Inman Innovator award, the Web-based, end-to-end software application enables the electronic processing of residential mortgages. Additionally, eMortgageAxis was the first application to successfully process electronic mortgages.

About Hall Settlement Systems

Hall Settlement Systems is a provider of software and services that automate the processing of residential mortgages and related real estate services. Customers benefit from using the company s Web-based applications, eTitleAxis and eMortgageAxis , to reduce production costs and gain a competitive advantage. Visit www.hallsystems.com <> for an overview of our capabilities, or contact us at 214-618-5378.
About Hall Financial Group

Founded in 1968 by Chairman Craig Hall, Hall Financial Group holds diversified interests and investments in both the United States and Europe. The Company s primary focuses include real estate ownership and management, providing real estate financing, investing in select technology companies and the vineyard and winery business. Hall Financial Group also owns, develops and manages the award-winning Hall Office Park development in Frisco, Texas. For more information, visit www.hallfinancial.com .
About Skywire Software.

Skywire Software is a leading provider of enterprise software applications and a subsidiary of Hall Financial Group. Customers benefit from using Skywire Software s portfolio of applications in the areas of online customer service and support, business intelligence, integration applications/ adapters and professional services. Skywire Software enables companies such as Aon Corporation, AXA Re Property & Casualty Insurance, and U.S. Risk Insurance Group to solve key business problems while significantly reducing costs and recognizing a documented return on their technology investments. For more information on Skywire Software visit www.skywiresoftware.com, or call 972-377-1110.

Source: 10/01/2004 MMag 410_025
Company: Hall Settlement Systems
Contact: Helen Pitts , hpitts@hallsystems.com

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