SoftPro Integrates with Safe Escrow
July 23, 2020
SoftPro has integrated with Safe Escrow to provide increased protection of escrow funds.
The partnership allows title agents using SoftPro to utilize Safe Escrow’s underwriter-approved collaborative disbursement system from the time of opening a new order through post-closing.
Safe Escrow’s SafeValidation feature verifies that funds are wired to the seller’s bank account by authenticating the payee as well as verifying that payoff funds are wired to the correct party. The validation system protects the funds of all parties involved in the transaction from buyers and sellers to the lender and payoff institution. Safe Escrow also performs all post-funding, escheatment and regulatory audits.
“Helping our customers facilitate the safe disbursement of funds is of utmost importance, and the integration with Safe Escrow provides another option for handling secured transactions,” said Patrick Hempen, SoftPro’s chief customer officer. “With the shared data between their SoftPro environment and Safe Escrow, our customers can be even more efficient without having to re-key their order information.”
The integration with Safe Escrow is made possible through the SoftPro 360 business exchange platform. Free for all SoftPro users, SoftPro 360 automatically links the data from a SoftPro order to dozens of national third-party vendors who SoftPro customers order closing-related services through.
“We are excited to announce the integration of Safe Escrow with SoftPro products,” said Pritam Advani, president of PCN/Safe Escrow. “Agents using SoftPro can now take advantage of Safe Escrow’s end-to-end funding solution.”
Contact ALTA at 202-296-3671 or communications@alta.org.