Secure Settlements Inc.(SSI), has awarded Monarch Title with their distinguished seal for their commitment to high industry standards and Best Practices. SSI is a company Lenders use to perform an independent risk assessment that deals with quality assurance and risk management. This assessment requires a thorough background check of each employee performing closings as well as a review of company internal policies and procedures to ensure compliance with industry Best Practices.
Monarch Title has taken the initiative to write a policy and procedures manual that meets the American Land Title Association industry Best Practices. There are 7 pillars that are used to measure success. These are Licensing, Escrow Account Controls, Information and Data Privacy and Protection, Settlement Policies and Procedures, Title Production, and handling Customer Complaints. Monarch Title Company's effort will benefit consumers, lenders, and realtors as the industry prepares for new regulations that go into effect August 1, 2015.