RynohLive president and founder Dick Reass was quoted in October Research LLC’s “Best Practice Providers” special report released this month. The report focuses on ALTA’s Best Practices pillars and features information regarding escrow trust accounting, protecting NPI, settlement processes, and more. Reass commented on escrow security best practices, an area where he says agencies can see a significant return on their investments.
RynohLive’s software solution exceeds ALTA’s Best Practice Pillar No. 2 requirements, including electronic verification and reconciliation. Rynoh has saved agencies and underwriters millions of dollars in escrow losses and claims.