Entrust Expands Footprint with Merger of Escrow and Trust Account Reconciliation Firm
October 30, 2014
American Escrow Reconciliation Inc., (AER) a nationwide third-party escrow and trust account reconciliation company, has merged with Entrust Solutions.
“Merging with Entrust Solutions was a logical step for AER,” said Bryan Colbert, president AER, which is comprised of title insurance underwriter auditors. “We are excited to be able to offer the level and number of services provided by Entrust,”
AER provides clients with three-way accounting of escrow accounts, as well as an audit of the reconciliations.
Increasing regulatory pressure holding lenders accountable for the actions of their third-party service providers has resulted in title agents and attorneys to utilize third-party reconciliation services.
“Our focus has been and will always be on helping agents with compliance and proper segregation of duties,” said Jonathan Yasko, founder and managing member of Entrust Solutions. “AER is a perfect fit to our overall company concept by helping and aiding title insurance professionals in a wide array of needs.”
Yasko said the merger will increase Entrust’s reconciliation footprint by over 30 percent.
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