Protecting NPI and understanding Lenders data security expectations is the most misunderstood of all the Best Practices. Most title agents rely on the counsel of their local IT Support. While having local IT support is crucial, it takes an expert in the real estate arena to adequately meet the expectations of regulatory compliance. For this reason, our agency group invited Chris Gulotta and the REDS team to conduct workshops to our title agents. The REDS team did a phenomenal job at clearly defining the expectations of data-security compliance, conducting one-on-one assessments, and ultimately helping agents to become fully compliant. I highly recommend REDS to be a solution provider for all title agents in this area of their business. This is an opportunity to not only remain on the Lenders approved settlement agent lists but to also leverage data-security compliance in gaining new market share. In today’s new regulatory environment, “Compliance is the new marketing.”
