Lenders have always been responsible for complying with strict laws and regulations. Combined with the creation of the CFPB and the Dodd-Frank Act, it has become more complicated and expensive to navigate the regulatory landscape. Lending professionals look to provide their consumers with a smooth and positive closing experience while carrying out all of the necessary oversight to guarantee security, compliance and protection. These are heavy burdens with no room for unnecessary risk. With OR EscrowPro®, these responsibilities are shared and managed through secure disbursement, mitigated risk and quality assurance.
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Reduce the Risks and Maintain Confidence with OR EscrowPro®
You Should Know What Safeguards your Title Agent has in Place
Rest assured, title agents that use OR EscrowPro® benefit from the following safeguards:
Funds and loan proceeds are wired and deposited directly from the lender into an Old Republic Title owned and managed escrow account.
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Due to legal and regulatory restrictions, OR EscrowPro® is not available in all states.
Old Republic Title’s underwriters are Old Republic National Title Insurance Company and American Guaranty Title Insurance Company.
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