“By addressing OCC and CFPB third-party oversight requirements, Secure Insight's verification process assists us in mitigating our own risk – and it enhances client trust and confidence."
Norman Koenigsberg, President & CEO, First Choice Bank
“Proper vetting and evaluation of mortgage closing professionals is not only a smart business move, it may also be required of mortgage originators under recent federal regulations. Secure Insight has a firm understanding of the issues the industry faces in this arena and has brought to the table an actionable solution to a problem First Tennessee – along with our peer institutions – has been discussing for years.”
Robert A. Garrett, SVP, First Tennessee Bank
“Settlement agent fraud is one of the primary risks Texas Capital Bank encounters in the warehouse lending business, as we fund thousands of loans each month via wire to another entity with whom we may not have any relationship. We are always looking for methods to improve our risk mitigants, as well as protect our clients. The services provided by Secure Insight will expand our current review process and reduce our counter-party risk—as well as provide us with assurance that our database stays current.”
Donald L. Martin, SVP, Texas Capital Bank
“I fully embrace Secure Insight's verification initiative. As a long-time national provider of title and settlement services, and witness to developments in our industry in recent years, we are convinced of the wisdom in thoroughly vetting service providers. By addressing Dodd-Frank's third-party oversight requirements, Secure Insight's verification process will help us mitigate our own risk—and enhance client trust and confidence. “
Christopher DeLisle, Esq., President, Equity Settlement Services, Inc.
“As a lender we are concerned about the wide open window of risk we have for possible fraud that makes us responsible to repurchase loans years after closing and how we can limit that risk. By addressing closing agent risk management through Secure Insight, we gain the value of an independent and comprehensive approach to risk management that includes ongoing monitoring. As a result we feel better about our business relationships and the quality of the loans sold to our investors.”
David Stein, COO, Residential Home Funding
“I wanted to thank you for your staff and your thoroughness. While a vetting process can be daunting, your staff has been responsive, helpful as well as looking out for the best interests of the financial institutions that you are representing. After the collapse of the financial market, it is refreshing to see the banks take additional steps to ensure the risk of the companies that they are using to handle their transactions.”
Dann Barbakoff, President, Sterling Title Agency
"With the CFPB and other regulators expecting more proactive third party vendor management, partnering with Secure Insight will give our members comfort knowing they will be relying on a trusted source for the complete data needed to make intelligent choices about closing agents—before a wire is sent."
Tom Millon, President & CEO, Capital Markets Cooperative
“Signature Closers is excited to partner with Secure Insight, Inc. to incorporate their vetting process into our business operations. We feel our industry is in need of proactive and committed professionals and this vetting process will contribute to improvements across the entire industry. We certainly believe it will enhance the quality of our service that we provide our clients and are pleased to continue to improve our operations."
Mark Fleming, President, Signature Closers
"Secure Insight was an obvious choice for our community bank! Our focus was three-fold, with Secure Insight we were able to raise the bar on risk management to protect the bank, our clients, and meet our obligations of 3rd party oversight in a cost effective way with ongoing monitoring that will allow us to do what we do best grow our business!"
Shelly Schwieso, Tradition Capital Bank/Tradition Mortgage LLC
"Secure Insight is the preeminent service used by banks and mortgage lenders to vet entities conducting real estate mortgage closings. The mortgage industry is trending toward private third party vetting and Kriss Law/Atlantic is proud to be among the first to receive this certification."
Scott D. Kriss, Esq., President and CEO, Kriss Law/Atlantic Closing and Escrow