American Escrow Reconciliation Inc. (AER), a nationwide third-party escrow and trust account reconciliation company, solidified its merger into Entrust Solutions. The move will increase the title insurance servicing company’s overall account totals to reconcile by 30 percent, according to its Managing Member Jonathan Yasko.
“Merging with Entrust Solutions was a logical step for AER,” AER President Bryan Colbert said. “We are excited to be able to offer the level and number of services provided by Entrust.”
AER has offered its clients three-way accounting of their escrow accounts and an audit of the reconciliations for the underwriter. Now, it also will be able to offer services provided by Entrust Solutions such as forms production, scanning of closing files and its Nexus program.
“Increased demands of the American Land Title Association’s Best Practices and the Consumer Financial Protection Bureau have pushed the title industry to utilize third-party reconciliation services,” Yasko said. “Our focus has been and will always be on helping agents with compliance and proper segregation of duties. AER is a perfect fit to our overall company concept by helping title insurance professionals in a wide array of needs.”