Title Alternatives
Widely used by leading mortgage originators:
Representative set of participating lenders.
~$2B in cost savings to American homeowners
Value provided by title alternatives.
Zywicki and Nigrinis, 2025. Assessing FHFA’s Pilot Program on Automated Title Decisioning: Promoting Competition and Reducing Housing Prices.
Available at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5109079
While the majority of residential mortgage purchase transactions still need a traditional title insurance policy, Doma’s technology has proven that the majority of refinance volume can safely utilize alternatives in lieu of traditional title insurance to save homeowners and lenders billions of dollars.
We are committed to modernizing the mortgage industry by providing innovative, technology-driven solutions that enhance the efficiency and security of real estate transactions.
Safely determining title transfer risk for eligible transactions
Built on years of proven data that ensures no significant new risk introduced for these transactions when compared to traditional title insurance.
Reimagining title insurance with modern-day technology
Traditional title insurance processes can be time-consuming and costly. Doma’s technology offers a contemporary alternative by leveraging our proven, proprietary AI platform to instantly predict the associated title risk for qualifying transactions utilizing hundreds of datapoints, and to simultaneously identify transactions where estimated risk is high enough that it should still receive a traditional title policy.
How does it work?
Instant title decisioning
Our patented instant underwriting technology uses a suite of models to rapidly evaluate property characteristics and identify potential issues in less than 3 seconds, enabling quick and accurate decision-making.
Data-driven risk assessment
Utilizing vast datasets and machine learning algorithms, our system assesses risk factors to ensure the security of transactions without the traditional need for lender’s title insurance.
Seamless integration
Doma’s technology integrates with all major existing systems utilized by the primary and secondary mortgage market, facilitating a smooth and efficient workflow for lenders and secondary mortgage market participants alike.
Benefits to the secondary mortgage market
By adopting Doma’s title alternatives, participants in the secondary mortgage market can experience:
- Reduced costs: Eliminating the need for traditional title insurance policies delivers savings of ~$1,200 on average to end homeowner customers.
- Increased efficiency: Our technology accelerates the overall mortgage closing process by 3-5 days, allowing for faster transaction times, higher conversion rates and reduced lender operational costs.
- Enhanced risk management: Advanced analytics provide a comprehensive understanding of potential risks, ensuring informed decision-making.