CIBMS has been serving the
needs of credit grantors and mortgage lenders since 1928.
CIBMS Property Services Division specializes in the
delivery of credit information and related services to the equity
lending industry. Our goal is to partner with our customers to design
solutions which optimize productivity, increase operational
efficiency through innovative products and services. Our highest
priority is to deliver data and service solutions Fast, Accurate, and
CIBMS Bundled Services are designed to
streamline the lenders process with One Stop Ordering, reduce costs
and improve greater operational efficiency to close higher volumes of
CIBMS provides access to all of its data
through its internally developed Web-Based Internet delivery site
- Title Searching
Current Owner or Full Title Examination A search of the land
records to establish current vested property ownership along with a
listing of all open encumbrances. Primary Service Area is CT, RI and
MA. Neighboring New England States are covered by our network
- Master Insurance Policy "MIP"
title insurance policy that insures the lenders lien position based
off the information obtained from the borrowers credit file and loan
application. Eliminates the need for a title search and allows for
immediate loan approval and closing.
Appraisal reports estimate the market value of the
property in its "as is" condition. Traditional Appraisals are
prepared on various URAR formats that meet or exceed USPAP
requirements. Document Recording The process of Hand
Delivering documents for filing at the Land Records including a
rundown from a specified title search date.
Property Valuations Case Shiller Weiss/ Fiserv (CASA) Home Value
Explorer (HVE), Home Price Analyzer (HPA) Choose from
several (AVM) Models that provide lenders with instant property
valuations nationwide reducing Appraisal costs and Turn time.
- Flood Certification and Portfolio Monitoring
A flood zone determination
certificate identifying the property flood hazard status. Basic
Service or Life of Loan Service with tracking of FEMA Map change
notification is available. Portfolio Monitoring is also available for
future flood zone changes resulting from FEMA Re-mapping with
re-certification of the flood certificate to the lender or servicer.
- Property Ownership Verification
the vested title ownership in the property along with a copy of the
legal description. ? Document Retrieval Retrieving
copies or certified copies of recorded documents on the Land Records.
- Merged Credit Reports
access to one, two and three file merged credit reports.
- Title Insurance Policies
Insurance Coverage for all types of loans provided by National Title
- Fannie Mae
Direct credit provider of merged
credit reports to Desktop Underwriter.
- Loan Origination
Windows and Web-based interface(s) to the major loan origination systems.
- CIBMS Sample Credit Reports
View a Sample Report
- Spanish language enabled Website
Website converts from English to Spanish with
the click of a button.
- TRV - Tax Return Verification
On ñ line delivery of IRS Tax Record Information.