KBA Failure Alerts provide real-time notification to the Title Agent initiating a RON meeting to know if the signer failed KBA twice and is locked out of the transaction for 24 hours.
🎯Primary Audience: Title Agents & Lenders
Benefits of KBA Alerts
- Removes the guesswork of waiting on the signer
- Provides the opportunity to make immediate adjustments to the closing schedule
- Improves communication and mitigates signer anxiety
Alerting the Title Agent immediately provides the maximum amount of time to make adjustments to the closing. It reduces delays in rescheduling the signing, redrawing of documents, alerting vendors of delayed payments, and additional coordination with the Lender.
How does it work?
When a KBA failure occurs, an automated email is sent to the transaction creator, the title contact, and the closer contact with a link to the transaction details page, where they can reschedule the closing beyond the 24-hour waiting period.
Title Agents
Title Agents can click the blue Reschedule closing button directly from the email.
When you sign in to the portal to view the transaction, you see the alert at the top of the screen. You can recall, reschedule, or cancel the closing.
Selecting Reschedule closing (above) allows you to reschedule the closing for a specific date/time, or a date range:
- Specific date & time: Click Scheduled closing > Input a Date and Time > Click Save changes
- Date range: Click Date window for the closing > Input From and To dates to indicate the desired date range > Click Save changes
The signer receives an email if you reschedule the meeting.
Lenders
Lenders receive a notification without the reschedule button.
Limitations
Alerting on Failed KBA does not:
- Provide in-app alerting
- Allow additional contacts (e.g., Real Estate Agents, Loan Officers, etc.)
- Alert via text message or other means (email only)
- Make API Alerts available (see below)
- Rescheduling is only available if the signer fails KBA twice. If the closing needs to be rescheduled for any other reason, the transaction will need to be recalled and recreated.
API Integrations
API customers can subscribe to a separate KBA Failure webhook in addition to or instead of the email alert.
KBA Failure Dashboard Alerts
KBA Failure Dashboard alerts supplement email alerting in case the Closer or Title Agent on a transaction miss the message:
- Users can see all transactions with an active Signer-lockout at a glance.
- Once the 24 hour lockout window has passed, the alert is automatically cleared from the transaction.
Click Identity Issues under All transactions to view only those transactions that failed KBA
KBA Failure Dashboard Limitations
Dashboard Alerting does not:
- Alert users who do not have access to the transaction dashboard
- Expose transactions to users who cannot currently access them
- Keep a historical record of KBA failures
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