Five New Lenders Sign on With Secure Insight to Manage Closing Agent Risk

Secure Insight has announced that it has successfully signed several new mortgage lenders who are adopting the company’s patented Closing Guard vendor management tool to evaluate the backgrounds, licensing, insurance and trust accounts of agents as a method to identify potential threats before a closing takes place.

Companies recently adopting the Secure Insight solution include William Raveis Mortgage LLC of Westford, Mass.; Regency Mortgage Corporation in Hooksett, N.H.; Reliance First Capital LLC, with offices in Melville, N.Y.; NTFN Inc., based in Lewisville, Texas; and Long Island, N.Y.-based lender Quick Fund Inc. These lenders join more than 100 of their peers around the U.S. who look to the Secure Insight nationwide database as a live, real-time, risk assessment tool that protects their money, documents and consumers from fraud losses.

Closing Guard evaluates, rates, monitors and reports settlement agent risk in real-time in the only nationwide database of mortgage closing professionals. The Secure Insight proprietary evaluation process combines automated data analysis with live reviews by trained analysts for the most accurate and informative risk analytics in the industry.

“We are honored to work with such distinguished companies who are laser-focused on utilizing critical risk management services,” said Secure Insight CEO Andrew Liput. “Each company is led by visionary professionals with a serious commitment to quality control, consumer protection and overall loan quality assurance. We are proud to be their partner in this important endeavor.”