Automated Lien Release (ALR) from ICE Mortgage Technology streamlines the process of releasing liens for mortgages that have been fully paid off. This solution integrates document creation with automated workflows, saving time and reducing costs. It enables mortgage servicers and subservicers to accelerate the lien release process through features like eSign, eNotarization, and eRecording. ALR helps minimize manual actions needed from servicers, title companies, vendors, and notaries. It also prioritizes lien releases based on state compliance dates, reducing the risk of penalties, and tracks all events for audit and compliance purposes. ICE offers ALR solutions tailored for MSP clients, initiating the lien release process directly from the MSP system, and for MERS® Members, providing an agnostic solution that integrates with the MERS® System to trigger digital lien release package creation in Simplifile® Document Builder.

Features:

Automated “end-of-loan” processing

• Reduce mistakes and delays by automatically creating and routing lien release packages
• eSign and eRecord in more than 2,500 counties, covering over 90% of the U.S. population*
• Prioritize lien releases based on state compliance dates to reduce the potential of penalties
• Track all events for audit and compliance purposes
• Minimize the need for servicers, title companies, vendors, notaries and others to take manual action