Westcor's National Title and Settlement services blends a consumer centric strategy with a centralized transaction management process
tailored to today’s strict compliance and oversight environment. We recognize that a good closing experience promotes customer retention
and repeat business. Whether it is purchase, refinance, or REO…we bring title and closing solutions to each side of the transaction.
Lenders and Servicers: centralized oversight and processing of title and closing orders, communications, loan documents,
transaction instructions, disbursement, wire confirmations, etc., by way of a single closing platform managed by our experienced, dedicated national
Consumers: are catered to by carefully screened Westcor agents engaged in the neighborhoods they serve
Westcor Local Closing Agents: are provided with hands on support and direct assistance from our closing management and
underwriting teams to expedite a well executed and timely closing.
Each step of the way, our lender, mortgage servicer and investor customers are apprised of the status, key milestones, and exceptions for
every transaction by way of our secure, robust web-based closing management platform. Our advanced technology equips Westcor’s closing
team to execute oversight and compliance monitoring, including the examination, quality control, and reporting on critical processes from
order placement through the successful closing of the transaction. Westcor can facilitate system integrations tailored to customer
specifications and information security requirements.
Westcor’s closing solution process includes regular audits to satisfy the enhanced regulatory requirements for vendor oversight. Our
internal audit department performs systematic, documented Anti-Fraud procedures from due diligence evaluating new agent applications to
on-site reviews of existing agents
-Criminal Background and Credit Checks
-Verify Insurance Coverages Are Current
-Review Of Escrow Account Reconciliations
-Review Of Financial Statements
-Review Of Internal Controls and Procedures
-Review Information Security Policies
-Audits Of Closing Files