[1]Virginia Beach-based LenderSecure [2] has increased its total of best-in-class solutions providers to nine with the recent addition of four new partners.
LenderSecure provides a single-source portal of leading national companies that offer solutions to mitigate risk for independent title agents, settlement agents, attorneys, notaries, escrow agents, and other service providers. LenderSecure's solutions meet the compliance standards for ALTA's Best Practices.
"LenderSecure’s one-stop-shop concept was launched last year by RynohLive and Real Estate Data Shield, and over the past 10 months we have focused on expanding our partner base by identifying best-in-class strategic national companies that also offer the most essential solutions that secure our industry's Data, Documents, and Dollars," said Christopher Gulotta, CEO of Real Estate Data Shield. "Our comprehensive suite of products focuses on security and the compliance requirements of key pillars of the American Land Title Association’s Best Practices."
LenderSecure delivers a comprehensive package of solutions and tools that enables title and settlement agents to demonstrate their ability to safeguard agents' funds as well as consumers' non-public personal information (NPPI), which are among the most critical regulatory and compliance challenges in the industry today.
"Phase one of our efforts have focused on securing key partner companies that meet our criteria of delivering a premier solution, offering national coverage, and providing options that secure documents, data and dollars," said Dick Reass, CEO of RynohLive. "In the next few months we will announce Phase two, which will incorporate bundled solution discounts for agents that are interested in two or more LenderSecure solutions."
The LenderSecure marketplace delivers solutions or providers in the following areas:
- Escrow security – RynohLive
- Data security compliance policy templates and staff training e-courseware – Real Estate Data Shield
- Cyber-security (secure VPN) – Marble Security
- Information technology security and assessments – Security Compliance Associates
- Secure email – DataMotion
- Background screenings – First Advantage
- Document destruction – Iron Mountain
- Cyber insurance – Stateside Underwriting Agency
- Secure data transfer – SecureCloud Systems
Visitors can find an overview of each partner company along with a description of their products and services, as well as many other resources, on LenderSecure's web site.