NY, OH, and WI lenders can electronically notate liens

If you are a lender in New York, Ohio, or Wisconsin, you have the opportunity to electronically notate liens, saving time and paper-associated costs.

While most states require title application forms to be submitted in a hard-copy, paper format, Ohio, Wisconsin, and New York allow lenders the opportunity to add liens electronically. DDI completely supports this process in Premier eTitleLien™.

To learn more about Premier eTitleLien™, visit etitlelien.com.

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Electronic Title States

A series of questions in which our writer attempts to answer simple-sounding questions without saying things like "Well, yes, they do have ELT but..." Let the reader understand that these are simplified answers. ;)

See the other posts in this short series: Electronic Title States (this post), Upcoming Electronic Title States, States Compelling Participation in ELT, and States Planning to Compel Participation in ELT.

Which states currently have an Electronic Lien and Title (ELT) program?

• Arizona
• California
• Florida
• Georgia
• Hawaii
• Idaho
• Kansas
• Louisiana
• Massachusetts
• Nebraska
• New York
• Ohio
• Pennsylvania
• South Carolina
• Texas
• Utah
• Virginia
• Washington
• Wisconsin

Please note the following:

• The Kansas Electronic Lien and Title program does not currently accommodate direct interaction with service providers like DDI.
• In New York, the program is known as the Electronic Lien Transfer (ELT) Program, since there is no electronic title. Even with liens, owners retain titles in New York state.
• The Utah E-Liens (Electronic Lien Transfers) program does not currently accommodate direct interaction with service providers like DDI.
• The Wisconsin program does not currently meet our definition for a full ELT program, since as in New York, owners retain the paper title and the state does not electronically notify lenders when the lien has been recorded. However, they do require lenders to participate in their lien recording program, e-MV Agent. Wisconsin DOT expects to change to a full ELT program in the Summer of 2012. ("On July 1, 2012, Wisconsin will become an electronic title state.")

If you are a lender and would like a greater explanation of these differences, please contact DDI. If you are a state or would like more technical details, you may also visit our AllAboutTitles.com site.

Image above is United States Map Bookshelf.

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DDI Launches ELT Services in New York

A couple quotes from our latest press release:

Decision Dynamics, Inc. (DDI)’s President and CEO, Glenn Thames, says

"New York's ELT program offers DDI’s customers the opportunity to participate in the only ELT program nationwide which allows electronic lien recording, with the title being held by the owner. This unique characteristic, paired with the value-add features of Premier eTitleLien™, will simplify the lien process for lenders."

And a little more about how DDI and ELT are doing:

Decision Dynamics continues to experience rapid growth due to its quality product offering with value-add features, and its commitment to customer service excellence. Thames says, "Premier eTitleLien™ has become the ELT product of choice for lenders nationwide. Our pay-per-transaction model without contracts gives lenders the security of knowing that DDI is working for the best interest of the lender." Premier eTitleLien™ also offers training and support at no cost, with 24 hour system availability.

We're pretty proud of our product, excited about ELT in the US, and pleased to be able to work with such great customers!

Image above is Land Rover Range Rover Evoque - Hello New York!

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