SEARCHTEC YESTERDAY AND TODAY

Formed in 1990

Processed more than 3 million property and business searches

Headquartered in Philadelphia, serving our base of Mid-Atlantic clients

Specializing in the public records search needs of banks, credit unions, law firms & service firms

Five satellite regional offices in North Carolina, South Carolina, Kentucky, Kansas and Alabama

SEARCHTEC OUR FOCUS

• Innovating the public records industry with a repository of loan history including data, images, and tickler systems.

• Responsive to the changing lending environment for the operational, auditing and compliance areas.

• Customizing products and services designed specifically for Residential & Commercial Regional Lenders.

• Standardizing and delivering products and services that streamline operations and create efficiencies.

• Never satisfied with the status quo.

• Continually evolving based on the needs of our customers.

SEARCHTECSERVICE HIGHLIGHTS FOR S&T BANK

Public Records Searches

Appraisal Management

Flood Determinations

Filing / Recording

BASIC SEARCH

• Record Owner Information

• Property Information

• Mortgages & Assignments

• Judgments / Federal Liens

• Bankruptcies

PREMIUM SEARCH

• Record Owner Information

• Property Information

• Mortgages & Assignments

• Judgments / Federal Liens

• Bankruptcies

• Legal Description

• Errors & Omissions Insurance

• Delinquent Taxes

BUSINESS SEARCH

• Judgments

• Federal Liens

• Bankruptcies

• County UCCs

• State UCCs (optional)

DEED & MORTGAGE SEARCH

• Record Owner Information

• Property Information

• Mortgages & Assignments

SEARCHTEC PUBLIC RECORD SEARCHES: PACKAGES

SEARCHTECPUBLIC RECORD SEARCHES: PRODUCTS

Deed Info

Mortgages

Assignments

Judgements

Federal Liens

Bankruptcies

Delinquent Real Estate Taxes

Full Tax Certification

Mechanics Liens

Suits

Addresses of Lien Holders

Chain of Title

Corporate Tax Liens

State / County UCCs

SEARCHTECAPPRAISAL MANAGEMENT: EVALUATION PRODUCTS

Automated Valuation Model (AVM):

SearchTec has partnered with a leading automated valuation service provider of AVMs, CoreLogic, in order to offer you higher accuracy and reliability. This AVM product is integrated with SearchTec's order entry system, enabling one-stop search and evaluation ordering. The automated valuation models will include PowerBASE1.0 (PASS) and the FREDDIE MAC HVE (Home Value Explorer).

AVM Plus

The AVM Plus Package delivers an automated valuation, exterior inspection report, map and subject photo.

FNMA 2055 Exterior:

• This exterior report provides neighborhood data, comparable closed sales, an adjustment grid, two exterior photos and a location map.

URAR 1004:

• The URAR (Uniform Residential Appraisal Report) is the most comprehensive reporting format. This report contains a detailed inspection of the subject, analysis of the market, and three comparable sales. Included in the package are photos of the front, rear and street view of the subject, location map showing subject and comparable sales, floor plan and certification and limiting conditions.

ADDITIONAL PRODUCTS:

• Additional reports are available upon request.

SEARCHTECFLOOD DETERMINATIONS & MONITORING

Flood Determinations

SearchTec flood certificates can be sent electronically right to your computer, instantly, so you can have a copy in your hands immediately upon your request, as long as the property can be correctly identified.

Flood Watch

When you order life of loan monitoring, SearchTec will monitor the relevant property, and when FEMA issues a revision, SearchTec will provide a new flood certificate for any of these properties at your request. If the loan has been assigned to another party, we will send the new form directly to the new lender.

SEARCHTECRECORDING & FILING SERVICES

SearchTec provides recording services for a wide range of documents, including property deeds, mortgages, satisfactions and UCC filings. Our recording operations deliver integrated and innovative electronic filing tools to achieve optimized efficiencies.

eRecording Benefits:

• Reduces errors and rejections• Secure delivery and receipt of documents• Improves document tracking• Decreases time between closing and recordation• Reduces cost of labor, postage & courier services• Eliminates statutory fee errors• Recorded documents are returned electronically

SEARCHTECHALLMARKS…

INNOVATION

PORTFOLIO PUBLIC RECORDS MANAGEMENT SYSTEM

SearchTec created database systems to retain, track & monitor property, tax, UCC, flood, and recording information / images.

• Public Records

• Tax Watch

• Verify

• e-Recording

• UCC Watch

• Flood Watch

RESPONSIVENESS

SearchTec’s products and services are specifically designed for the needs of the lending community, helping Lending Operations, Audit, and Compliance Departments manage the risk of the loans in their portfolio.

• Loan Portfolio importing

• New database systems

• Historical image retention

• Advanced Reporting (Excel & PDFs)

• Automatic Reverification Searches

• Exterior Inspection Report

CUSTOMIZATION

SearchTec creates customized order screens, tailored to our clients’ own terminologies. This helps to further clarify and simplify the order process for users.