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REAL ESTATE institutions whose own information technology systems are among the most sophisticated in the world. It could take his staff 15 minutes to print a copy of a report and fax it to a bank, where bank staff will wait while their fax machine spits out page after page, before they themselves convert the document back into an electronic format. Why can't the bank and the law office just send the document electronically in an instant? It's a question Usher and others have long been asking. At last, the question has been answered with new electronic mortgage-processing services that promise to quell the clatter of the Chosen Trusted Proven "Our fi rm has enjoyed using Chicago Title over the past year based in large part due to the convenience and, in most cases , obtaining the policy immediately upon completing all of the questions. We always fi nd the telephone support staff very helpful and accommodating of our requests. Because of this simple process and continued reliability we use Chicago Title as often as possible ." Cheyenne Irvine Watson & Haines, Kamloops, BC fax machine and bring mortgage trans- actions up to the speed of e-business. This new development is "the missing link" in electronic real estate processes, according to Alan Silverstein, director of national legal engagements for Emergis Inc., a technology company recently ac- quired by the Vancouver-based telecom- munications giant Telus Communica- tions Inc. He says automated mortgage processing, which his company is now offering to lawyers in Quebec, Ontario, and British Columbia, through a service called Assyst Real Estate, will help res- cue real estate lawyers and lenders from "drowning in paper" and bring mortgage transactions into "lockstep with the rest of the business world." Silverstein, a prominent Ontario real estate lawyer and bencher of the Law Society of Upper Canada, says his belief in the importance of this service for the real estate bar led him to leave private practice after 29 years to join Emergis, in 2006. He says the service, which Emergis plans to roll out nationally over the com- ing year, lets lenders deliver pre-populat- ed mortgage instructions directly to the desktops of real estate lawyers, who can then complete the mortgage transaction and submit their final report to the lend- er online. In speeding up transactions, 1-888-868-4853 www.chicagotitle.ca 20 M ARCH 2008 www. C ANADIAN Law ye rmag.com A SYMBOL OF PROTECTION Our corporate symbol is inspired by that For just as medieval castles survive to this d Insurance Company Canada deliver the kind o investments will endure for many years to comecome.. to this day, th PROTECTION tha age-oldhat ag ge-old aphorism, "A man's home the he men and he kind of protection that your cliien hom s h omen of Ch your and women of Chicago Title u clients me is his castle." ent ' real estate