AtClose Integrates with RynohLive
September 19, 2013
AtClose LLC, a provider of integrated technology and services to appraisal, title and settlement companies, has integrated with RynohLive.
With this integration, AtClose users can review escrow and other account activities, establish alert criteria and receive daily and monthly reports, which helps with identifying fraud and ensuring best practices are maintained by their insured.
“AtClose works in harmony with RynohLive and offer settlement agents the ability to manage their escrow trust accounts daily,” said Bill Welge, principal at AtClose.
National and regional title insurance underwriters representing in more than 90 percent market share have tested, evaluated, endorsed and in many instances mandated the use of RynohLive in order to mitigate the staggering losses caused by agent defalcation and embezzlement, the company said in a release. For lenders, AtClose integration with RynohLive validates the integrity of the financial transaction from origination to the disbursement of funds in accordance with the closing instructions.
“RynohLive is a patented financial management and fraud prevention system that has revolutionized the settlement industry,” said Glenn Stout, vice president of marketing and sales at RynohLive.” The only fully automated escrow management system that ensures your settlement transactions are verified and absolutely secure.”