Stewart Title Company (STC) and Stewart Title Guaranty Company (STG), wholly owned subsidiaries of Stewart Information Services, has launched a new AgencySecure program to help title agencies reduce title claims, escrow theft and mortgage fraud.
AgencySecure provides access to Stewart agency technology and services. In addition this application offers title agencies with an ability to prevent claims resulting from incorrect title searches and helps prevent escrow theft and mortgage fraud.
AgencySecure enables its customers to process closings, issue title policies, and electronically report, remit and store closed-file documents. AgencySecure also provides automatic, ‘three-way’ bank reconciliation; detects suspicious activities; provides efficient practice alerts; and monitors files for fraudulent activities.
George Houghton, executive vice president of agency services group at STG, said: “AgencySecure takes preventative and proven steps to reduce title claims, escrow theft and mortgage fraud that have plagued our industry over the past few years, and for a very reasonable monthly subscription price.”
Pat Vaden, president and CEO of PropertyInfo, a Stewart company, said: “With AgencySecure we have built the right mix of integrated technologies – from streamlined ordering and production systems, transaction management, active monitoring services and escrow account reconciliation, all the way to business training and education.”