The Industry Standard for Escrow Reconciliation Compliance

RynohBlog

Theft can come from unexpected places

According to an ALTA article, a Georgia-based law firm recently sued its former managing partner for allegedly stealing funds from the law firm and then siphoning more than $30 million from the firm’s title company’s escrow accounts in an effort to hide the theft.   Theft can happen at any…

ALTA shares Rynoh’s escrow security tips

six-steps

The American Land Title Association recently ran an article regarding RynohLive’s new whitepaper titled “Six Steps to Total Escrow Security.” Rynoh’s whitepaper provides in-depth, step-by-step guidance on how to keep your escrow accounts safe.   One major concern is cybercrime, which, in this age of technology, is abundant. Cyber theft…

Do you know what fraud is?

lockdown

What comes to mind when you think about fraud? Fraud can come in a variety of shapes and sizes. Do you know what types of fraud are out there and how to prepare for them?   Right now, cyber theft is a huge issue. Keeping your online transactions secure can…

Are you prepared for the changes ahead?

Change can be scary and it may seem overwhelming. Right now, our industry is facing significant changes and challenges that include adopting higher standards for market conduct in order to meet the Consumer Financial Protection Bureau’s new regulatory and oversight requirements.   One of the more significant changes is that…

Simple steps to ensure your escrow accounts are secure

six-steps

Do you have questions about escrow security? Do you wonder if your accounts are at risk? In today’s business world, settlement agent’s escrow accounts are vulnerable to fraud, embezzlement, cyber-attacks and unintentional mistakes. The good news is that you can eliminate those risks by following six simple escrow accounting best…

Protecting the “Lifeblood” of Your Company : Escrow Trust Accounts

Acccounting Software

Dick Reass, CEO of RynohLive was quoted recently in an article about protecting the “lifeblood” settlement companies…Escrow Trust Accounts. What follows is sound advice from industry experts and reprinted with permission from the American Land Title Association. Protecting the ‘Lifeblood’ of Your Company: Escrow Trust Accounts – **Reprinted with permission…

Are you using QuickBooks to manage your escrow accounts ?

financial_img-645x250

Are you using QuickBooks to manage your escrow accounts? While many agents use industry-standard settlement software, some agents use this off-the-shelf accounting software to manage their accounts and leave themselves vulnerable to theft and fraud. Read on for more tips on protecting your escrow trust accounts. Protect Your Escrow Funds:…

All aboard!

The compliance train is coming down the tracks—are you on it?   If not, hop on board and ride it all the way to Nashville, where the American Land Title Association (ALTA) will be hosting its annual Business Strategies Conference March 12-14 at the Omni Nashville.   And once you…

Easing the Pain of Complaints – Survey Results

Easing the Pain of Complaints – Survey Results – and More!   Our latest issue of LOCKDOWN is now available. Click Here to download your complimentary copy.   The CFPB issued minimum standards for handling of consumer disputes – does your company’s procedure pass muster? Hoping to cut down on…

LOCKDOWN Issue 4

lockdown

Our latest issue of LOCKDOWN is now available. To download the issue, please click on the link below:   Lockdown Issue 4   Our lead story this issue is an interview with our CEO Dick Reass where he discusses the beginnings of RynohLive . Also in this issue, I review…