Product news

Unlock lower closing costs with SmartFees Alternative Title Program support

Cotality’s Aug. 19 SmartFees release added functionality to accommodate the Freddie Mac Title Acceptance and Fannie Mae Title Waiver programs.

These initiatives are designed to reduce borrower closing costs by eliminating or reducing traditional lender title insurance requirements on eligible refinance transactions. SmartFees simplifies program adoption by automatically identifying eligible loans, applying program-specific logic, and integrating approved title provider pricing directly into the lender workflow.

Rather than building and maintaining complex program-specific processes internally, lenders can leverage SmartFees to operationalize these emerging GSE initiatives quickly, accurately, and with confidence.

Key Benefits

• Lower borrower closing costs on eligible loans

• Improved refinance competitiveness

• Automated eligibility and fee determination

• Support for approved title provider workflows

• Ongoing program maintenance as requirements evolve

• Seamless integration into existing SmartFees workflows

SmartFees is helping lenders turn affordability initiatives into operational reality.

Thank you for your continued partnership as we continue to build a smarter, more resilient property ecosystem together.

If you have any questions about these updates, please contact support@closing.com.

SmartFees Support:
Hours: Monday-Friday: 6 am – 5 pm PST
Phone: 866-256-7464
Email: support@closing.com