Pillar No 1: Establish and maintain current license(s) as required to conduct the business of title insurance and settlement services.
Pillar No. 2: Adopt and maintain appropriate written procedures and controls for escrow trust accounts allowing for electronic verification of reconciliation.
Pillar No. 3: Adopt and maintain a written privacy and information security program to protect non-public Personal Information as required by local, state and federal law.
Pillar No. 4: Adopt standard real estate settlement procedures and policies that help ensure compliance with federal and state consumer financial laws as applicable to the settlement process.
Pillar No. 5: Adopt and maintain written procedures related to title policy production, delivery, reporting, and premium remittance.
Pillar No. 6: Maintain appropriate professional liability insurance and fidelity coverage.
Pillar No. 7: Adopt and maintain written procedures for resolving consumer complaints.