News and Events
February 15 – GEORGE MASON MORTGAGE NAMED FINALIST IN ELLIE MAE HALL OF FAME FOR SIGNIFICANT DECREASE IN TOLERANCE CURES
Announcing a major technological development inside the Ellie Mae Encompass platform George Mason has been named a finalist for the Ellie Mae Hall of Fame. Accuracy and efficiency in the real estate industry have been a major focus for mortgage lenders. George Mason Mortgage and First Title & Escrow, a national title and closing services company, worked together to customize a direct integration First Title developed using their proprietary FirstVision TM platform. George Mason has seen a tremendous cost reduction as high as seventy-two percent (72%). Read More by clicking here.
August 26 – SOC 2 Type II Certification Gives Greater Assurance To First Title Customers
August 2016 – The compliance landscape of the mortgage banking and title insurance industries have dramatically increased lender awareness and consideration of the policies, procedures, and security of their third party vendors. A key concern has been the integrity of non-public information (NPI) stored by vendors. First Title & Escrow initially responded to the requirements set by the Consumer Financial Protection Bureau (CFPB) by completing its SOC 1 Type I, SOC 1 Type II certification in 2012. Today, First Title is pleased to announce that it has successfully completed its SOC 2 Type II certification as well certifying the proper management of our security of our IT systems, their ongoing availability, and the privacy measures taken to protect our clients NPI stored digitally. Read More by clicking here.
September 2015 – First Title Expands its Encompass Integration to Exponentially Enhance its Customers Efficiencies.
September 2015 – First Title expands their integration inside Encompass platform to INSTANTLY populate EXACT Title, Closing, Recordation and Transfer Taxes into the new 2015 Itemization, Loan Estimate and Closing Disclosure with 100% accuracy. With this integration, users will also get instant delivery of documents inside the Encompass eFolder as well: items such as the Closing Quote, Title Commitment, and even completed loan documents will be delivered into the eFolder for complete management of the file lifecycle.
August 6, 2015 - FIRST TITLE ANNOUNCES THEIR 3RD YEAR OF COMPLETION OF AN SSAE16 SOC1 TYPE 2 CERTIFICATION, AND ALTA BEST PRACTICES THIRD-PARTY ASSESSMENT
First Title & Escrow, a Maryland-based nationwide full service real estate title and closing services agency, today announced it has obtained a service auditor's review for the Service Organization Controls (SOC) 1 Type 2 and the American Land Title Association (ALTA) Best Practices under section 9540 under the American Institute of CPA’s (AICPA) Statutory Codification... Read the full article posted on LinkedIn.
July 2015 - First Title Begins Monthly TRID Educational Webinars
July 2015 – First Title begins monthly TRID educational webinars for lenders and the real estate community in various states nationwide - We were happy to welcome Mike Holden as a Presenter for the webinar. Mike is the Vice President Field Operations and Agency Manager for North American Title, and the author of “Ramblings of a Title Man”. Many aspects of TRID were addressed including the Loan Estimate , Closing Disclosure, Disclosure Timeline, exceptions that will delay the settlement, and what it means for the consumer
June 2015 - First Titles Increase Officespace of its Northern Virginia Operation with Recent Move to New Location
February 2015 – First Title Expands Physical Presence Nationwide with Saint Louis, Missouri Location
October 2014 - First Title Joins the Hall of Honor Program as Co-Founder, Supporting Service Members and Veterans
First Title joins the Hall of Honor Program as co-founder, supporting service members and veterans The "Hall of Honor" Program (www.wingspangivesback.com) will showcase at the Annual MBA conference. The newest honorees will be inducted at the MBA’s Annual Convention & Expo on Tuesday morning, October 21, 2014, in Las Vegas, Nevada.First Title & Escrow will be recognized at this event, in their commitment to military families and veterans.
February 2014 - First Title Opens Dallas, TX Operation "Title & Escrow of Texas"
August 2013 - QM Rules Could Increase Business for Nonaffiliated Title Firms
August, 2013 - QM Rules Could Increase Business for Nonaffiliated Title Firms. See Article
August, 2013 - First Title completes SSAE 16, SOC1 Type II compliance certification
August, 2013 - First Title completes SSAE 16, SOC1 Type II compliance certification. See Title Report Article.
July 2013 - First Title Radio Show Records its 10th Episode
July, 2013- First Title Radio Show Nears 10 Episodes After Taking Off in May. See Article
December 2012 First Title Achieves SSA16 Audit Certification
December, 2012- First Title & Escrow achieves SSA16 Audit Certification, as reported by The Title Report. See Article
November, 2012 - First Title Completes SSAE 16 SOC 1 Audit
November, 2012 - First Title successfully completes SSAE 16 SOC 1 audit (Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization). The audit was conducted by an independent SSAE 16 auditing firm, and consisted of an in depth analysis of its accounting policies and procedures, technology infrastructure, business processes centered on technology, and operational policies and procedures. See article
September 2012 - First Title Interview by Washington Examiner Newspaper on Metro Area Closing Cost
September, 2012 - First Title & Escrow President, Stephen Papermaster, talks about Metro Area Closing Costs in the Washington Examiner Newspaper. See Article
September 2012 - Ken Bloss of First Title is Featured Guest on Real Estate Auction Radio
September, 2012 - Ken Bloss is featured guest on Real Estate Auction Radio, hosted by Doug Dennison.
September 2012 - First Title Challenges the Mortgage Industry to Focus on How it Chooses Title Companies
September, 2012 - First Title & Escrow, Maryland-Based National Title Company and Settlement Services Provider, Challenges the Mortgage Industry to Focus on How it Chooses Title Companies. Read Article
December 2011 - First Title REO Subsidiary Awarded Contract by GSE
December, 2011- First Title's REO subsidiary, Streamline Title & Escrow, awarded contract by GSE for National Title and Closing Oversight Services.
April 2011 - First Title's Stephen Papermaster is featured guest on Real Estate Auction Radio
April, 2011 - Stephen Papermaster is featured guest on Real Estate Auction Radio, hosted by Doug Dennison. See Video
September 2009 - First Title Awarded Contract with Department of the Navy
September, 2009- First Title awarded residential and commercial title and escrow services contract with the Department of the Navy.
June 2008 - TeraVendo Collaborates with First Title to Provide Instant, Exact Closing Fees
Read Article June, 2008 - TeraVendo Collaborates with First Title to Provide Instant, Exact Closing FeesUsers of TeraVendo’s Loan Ace Platform to receive instant and exact closing fees through an Instant HUD-1, directly from First Title's proprietary software.
April 2008 - Automated Closing Fee Calculator Provides Better Estimates
Read Article April, 2008 - Automated Closing Fee Calculator Provides Better Estimates - First Title leads the way in the trend to provide instant and exact closing fees.
September, 2007 - Title Agency Integration with Ellie Mae Aims for Cost Clarity
Read Article September, 2007 - Title Agency Integration with Ellie Mae Aims for Cost Clarity Ellie Mae and First Title & Escrow collaborate to let Encompass users receive instant closing fees directly from First Title prior to printing the GFE through First Title's FirstVision® software
August, 2007 - Title, LOS Providers Connect to Ensure Exact Settlement Fees
Read Article August, 2007 - Title, LOS Providers Connect to Ensure Exact Settlement Fees -First Title & Escrow and Calyx Software have integrated in order to ensure accurate closing, title and recording fees, which they say should help originators meet HUD’s call for precisely accurate cost disclosures in connection with its proposed “GFE Model.”
August, 2007 - Fisher Auction chooses First Title & Escrow as their National Title and Closing services partner
Read Article August, 2007 - Fisher Auction chooses First Title & Escrow as their National Title and Closing services partner - Fisher Auction chooses First Title & Escrow as their National Title and Closing services partner in providing accelerated marketing services to lenders, servicers, and municipalities nationwide. On September 23, 2007, 120 +/- Bank owned properties will be sold at auction throughout the state of Florida. Click here for more details.
May, 2007 - Ellie Mae Spotlights First Title's Instant GFE in Article by Gary Weltmann
Read Article May, 2007 - Ellie Mae Spotlights First Title's Instant GFE in Article by Gary Weltmann "Got Exact Title, Closing and Recording Fees into your Good Faith Estimate ? You're going to need them."
April 2007 - Ellie Mae collaborates with First Title & Escrow & Provides First Ever instant GFE
Read Article April, 2007 - Ellie Mae collaborates with First Title & Escrow to provide first ever instant GFE - Ellie Mae collaborates with First Title & Escrow to provide first ever instant GFE with exact title, closing and recordation fees into the Encompass platform.
October, 2006 - Calyx chooses First Title & Escrow to roll out Direct Connect Platform
See Article October, 2006 - Calyx chooses First Title & Escrow to roll out Direct Connect Platform - Point Users now place orders and receive First Title's exclusive Instant HUD-1 through the Direct Connect Interface.