Liberty Title, a Michigan title company based in Ann Arbor, now officially is registered with Secure Settlements Inc. The company’s registration as a Closing Provider is valid for the next year.
The registration with SSI, a risk management firm, affirms that Liberty Title meets the risk management standards set by mortgage lenders to protect all parties at the closing table. The registration was approved thanks to the company’s track record of meeting all federal regulatory requirements. To aid the registration process, the organization’s employees have attended continuing education classes and have spent nearly two years implementing the American Land Title Association’s industry best practices. After one year, Liberty Title will need to resubmit documents to keep its Closing Provider registration up to date.
“We’re very proud to be registered as a Closing Provider with SSI,” said David Grigg, Liberty’s compliance officer. “This certification will show lenders and consumers that we’re a reputable, trustworthy company. Our staff is dedicated to being the best in the industry, so we’re thankful for their hard work in helping to achieve this certification.”
SSI vets businesses and individuals in the mortgage business that have track records of meeting all federal regulatory requirements. Those applying for registration must pass SSI’s standardized risk management process. In addition to vetting applicants, SSI also provides a database of registered mortgage closing professionals with the goal of reducing fraud and protecting lenders and consumers.