RynohLive announced it has protected more than 2 million closings with its patented escrow and financial management system.
RynohLive offers six steps to escrow security
“For the past 7 years, RynohLive has enabled its clients to identify and prevent: check, wire, ACH and cyber fraud; embezzlement; as well? as employee/bank errors,” CEO and Founder Dick Reass said. “In addition, eight agencies are in business today as a direct result of having RynohLive to protect and monitor their escrow accounts. Clients utilizing RynohLive truly understand the necessity of daily reconciliation and proactive escrow account management. Surpassing the 2 millionth closing is certainly cause for celebration at RynohLive.”
Additionally, RynohLive now has processed and protected more than a half trillion dollars since its market introduction. Client growth and adoption rate has been exponential over the past few years, and RynohLive is on pace to post significant gains in the number of closings, new clients and funds protected.
“RynohLive delivers the transparency of financial transactions as mandated by Dodd-Frank legislation and provides the tools that uncover the hidden land mines in escrow accounts,” Reass said.