South Carolina: SC Bankers Association and ELT

DDI representatives (not me, unfortunately) will be attending the 2012 South Carolina Bankers Association (SCBA) Annual Convention and Trade Show in Sea Island, GA on June 10-13. As SCBA associate members and preferred vendors, we will be promoting the SC Electronic Lien and Title program as well as answering any questions about the future of ELT in SC and across the country.

Legislation has been proposed now in three different sessions (2010-2012) that would require lenders to participate in the ELT program. Although yet to be approved by the legislature, we understand that the DMV is interested in the cost-saving measures that a mandatory program would allow.

DDI has worked closely with the SCBA since 2006 when we worked with SC lenders to develop our ELT system, Premier eTitleLien™. Because of that partnership, we were privileged to work with the SC DMV to develop their ELT program. Those initial partnerships with lenders like the South Carolina banks are still some of the most valuable sources of input, even as we have expanded our product to a solution for all ELT states and non-ELT states and territories.

Image above is from The Georgia Sea Island Singers.

Virginia ELT

I've provided some updates to our Virginia ELT site: VAeTitleLien.com including an updated FAQ page and some history about the ELT program in Virginia which I found interesting. (Doesn't everyone think ELT history is interesting?)

Cheers!

Image above is "kaleidoscope car" of a Chevrolet Stylemaster in Virginia by Ariel.

Meeting with California Credit Unions

Earlier this month DDI travelled to California to visit with the Credit Union Bay Area Executive Coalition (CUBAEC). Over 20 California credit unions attended the event to learn about the mandatory California ELT program that requires participation from credit unions and other lenders by January 1, 2013. (Note, though, that the last sign up date is September 11, 2012.)

Jessica Shand shared briefly about the features of the California ELT program, how they are implemented in our ELT solution, Premier eTitleLien™, and the extra features we incorporate that would be of value to CA credit unions.

Jessica also shared about the national trends with ELT, as more states are implementing ELT programs (South Dakota, Maryland, Indiana, and Iowa all have plans to implement ELT in 2012) and requiring participation either directly (in addition to California, Florida and Georgia will both be requiring participation on January 1, 2013) or indirectly (South Dakota will stop printing titles with liens when their program goes live later this year).

Jessica concluded by discussing how customer service is very important to us and the various ways we try to make things simple and effective for our customers from the contract to training to ongoing assistance with any kind of lien or title issue.

We look forward to working with more California credit unions and other lenders.

Image above is from Golden Gate Bridge marks 75 years since opening against steep odds.

Georgia: GBA Annual Meeting and ELT

We will be participating in the Georgia Banker's Association (GBA) 2012 Annual Meeting in Asheville, NC on June 10-13. As part of our relationship with the GBA we will be on hand to answer questions about the newly signed legislation in Georgia making the Georgia Electronic Lien and Title program mandatory.

The mandatory legislation bill was signed into law on May 1, 2012. The bill begins requiring participation in ELT as of January 1, 2013, though it does allow for the Motor Vehicle Division to phase in the program.

DDI has been processing Georgia electronic titles since the beginning of the ELT program in July 2008.

Image above is of Chimney Rock State Park in Asheville, NC.

Memorial Day

Image above is of Flags at the Rhode Island Veterans Cemetery from Raising Money for Flags for Cemetery.

Ohio Non-Printed Titles

We recently made a few changed to our Ohio ELT information site: OHelt.com including the addition of a FAQ page. One interesting point about electronic or non-printed titles:

I understand that titles are not automatically printed by the BMV after I release my lien. How does my customer get a printed title?

Ohio uses the term "non-printed" to designate electronic titles. An owner should request a printed title in person from a county office. There is a fee as this request generates a replacement title.

Note that a "non-printed" title can be requested by anyone in Ohio: owner or lienholder. A paper title is not required for every transaction. For instance, Ohio answers the question "My title is an electronic title. How may I sell my vehicle to a dealer?" by explaining

The dealer can complete a BMV 3772 form to allow the transfer to or from a motor vehicle dealer. It has a provision for stating mileage and power of attorney.

Image above is an "Advertisement for the Army Press from the Cincinnati Type Foundry Company, Cincinnati, Ohio, about 1862" from the National Museum of American History at the Smithosonian.

Nebraska Frequently Asked Questions

We recently updated our Nebraska information site, NEelt.com, with some additional information about the Nebraska ELT program. Some of the questions from our FAQ page:

Are lenders required to participate in the Nebraska ELT program?

No. However, the state does not send paper titles with liens or other confirmation messages to non-ELT participants.

How do I sign up for the ELT program?

You need to complete the "ELT Lender Application" form. Find copies on etitlelien.com.

Are boats included in the ELT program?

Yes. The ELT program applies to anything titled by the DMV. See the Certificate of Title: Motorboat page.

Image above is Orange Kayak on a Nebraska Lake by boatbuilders.us.