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FCT is excited to welcome TD Canada Trust to its Payout Services platform, marking a significant step forward in simplifying mortgage transactions for legal professionals and their clients. Requestors will still receive discharge confirmations directly from TD, and will be able to submit statement requests to the bank directly through Payout Services. With one of Canada’s largest financial institutions slated to come on board in February, FCT is further advancing its vision of transforming the real estate process through innovation and collaboration.
“Mortgage transactions can be intricate, and legal professionals deserve tools that streamline the process from start to finish,” said Ian Fitzner-LeBlanc, Vice President of legal solutions at FCT. “By bringing a trusted lender like TD onto our Payout Services platform, we’re making mortgage transactions smoother and more efficient for Canadians.”
Payout Services is FCT’s innovative digital solution that simplifies the mortgage process for lending and legal professionals. With this user-friendly platform, professionals can request, manage, and track payout statements and other critical documents from participating lenders in one centralized location. The result? Faster, more transparent transactions.
“At FCT, we’re dedicated to shaping the future of real estate transactions,” said Kate Wybrow, Vice President of lending solutions at FCT. “This partnership with TD reflects our commitment to building a more connected and efficient industry. By working together, we’re delivering a better experience for homebuyers, lenders, and legal professionals alike.”
With TD coming onto the Payout Services platform for statement requests, FCT is continuing to lead the charge in creating smarter, more innovative processing solutions for Canadians.
About FCT
Based in Oakville, Ontario, FCT has over 1,200 employees across the country. FCT provides industry-leading title insurance, default solutions and other real estate-related products and services to approximately 450 lenders, 43,000 legal professionals and 5,000 recovery professionals, as well as real estate agents, mortgage brokers and builders, nationwide.
Great Place to Work® has named FCT one of Canada’s Best Workplaces® for ten consecutive years (2015-2024) and certified FCT as a Great Place to Work®. In 2024, FCT’s parent company, First American Financial Corporation, was named both one of the 100 Best Companies to Work For and one of the Best Workplaces for Women™ by Great Place to Work® and Fortune Magazine for the ninth consecutive year.
For more information on FCT, please visit the company website at www.fct.ca.