News

Record Growth
July 2010
In the first six months of 2010, Decision Dynamics, Inc. (DDI) experienced record growth in the Electronic Lien and Title (ELT) market with its Premier eTitleLien™ product and services offering in the state of Arizona.

Press Release:  PDF PDF

Nebraska ELT
July 2010
Nebraska automobile dealers and financial institutions can now sign up for Electronic Lien and Title (ELT) services with Decision Dynamics, Inc. As of January 1, 2011, the NE DMV will no longer print paper titles with liens due to recent legislation directing the DMV to implement ELT. Lienholders need to enroll in the ELT program in order to receive electronic titles. More...

Title Services for all 50 States
June 2010
DDI now offers title services that enable lenders to automate both paper and electronic titles through Premier eTitleLien™. This new service provides a range of services from paper title receipt, image, and storage to application processing. Lenders no longer need to wait for a state to provide ELT services to begin managing titles for the non-ELT states in Premier eTitleLien™. More...

Washington ELT
May 2010
DDI is pleased to invite automobile dealers and financial institutions to join the Washington ELT program. Support for Washington ELT is available for all existing Premier eTitleLien™ customers as well as new lenders. More...

Arizona ELT
March 2010
Arizona automobile dealers and financial institutions can now sign up for Electronic Lien and Title (ELT) services with Decision Dynamics, Inc. (DDI). More...

Press Release: PDF PDF

Louisiana ELT
January 2010
Electronic Liens and Titles (ELT) is now available in Louisiana. The state of Louisiana recently passed legislation requiring that all lienholders begin participating in the ELT program, as of January 1, 2010. DDI is pleased to announce Premier eTitleLien availability with Casey & Casey as the Public Tag Agent. More...

Press Release: PDF PDF

SAS 70 Certification
November 2009
DDI is pleased to announce that the SAS 70 Independent Service Auditors’ Report on Controls Placed in Operation and Tests of Operating Effectiveness for Premier eTitleLien™ is now available. More...

SAS 70 Reports Provide Assurance
November 2009
A SAS 70 report provides assurance to lenders that DDI has undergone a thorough evaluation of controls in place to protect lien and title data... More...

What is Premier eTitleLien™?

Premier eTitleLien™ is an Internet-based product for managing Electronic Liens & Titles (ELT).

What is ELT?

A program offered by a growing number of states allowing lenders to manage vehicle title collateral electronically. (The collateral is really the lien on file with the DMV. This does not change.)

How does ELT and Premier eTitleLien™ benefit lenders?

  1. No more paper titles! This means you no longer have to open the title, match to existing loan (returning it to the DMV if it does not match), compare for accuracy, update suspense codes, scan, file, store, retrieve, handwrite the release, or mail to the customer.
  2. Reduced Errors. DDI verifies VINs, looks up vehicle details, researches titles, performs vehicle value inquiries with NADA and Blackbook, generates PDF versions of title applications, verifies title information is correct when it arrives, and logs everything.
  3. No more paper titles and fewer errors mean real cost savings. Our users estimate up to 50% reduction in time spent by title operations.
  4. Reduced fraud. Benefits vary by state, but include:
    1. ELT titles are perfected faster.
    2. DDI’s Lien Alert verifies that no other participating lender is in process of applying for a lien on the same vehicle.
    3. DDI works with several states to allow verification of title details before issuing a loan.
    4. This same "title check" also allows title operations to research potential problems.
    5. Some states prevent the paper release of ELT titles, eliminating one possible avenue for fraud.
    6. Premier eTitleLien™ tracks titles and alerts title operations and loan officers when a title has not been received in the expected timeframe.
  5. Enhanced service to your customers – they receive a clear title when you release the lien.
  6. An opportunity to implement another "green" initiative: reducing waste while reducing costs.
  7. Support when you need it: as experts in titling issues, we provide support and advice both for our product and for any titling issue that comes up.

For more information please click here to read about the ELT process.