Federal Title & Escrow Company Awarded Prize for Exceptional Management of Consumer Funds - Insurance News | InsuranceNewsNet

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June 28, 2022 Newswires
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Federal Title & Escrow Company Awarded Prize for Exceptional Management of Consumer Funds

Business Wire

The 3E Remittance Award from WFG recognizes the Mid-Atlantic Region’s top performing title company in delivering streamlined and consistent remittances

WASHINGTON--(BUSINESS WIRE)--
Independent settlement service provider Federal Title & Escrow Company, known for leveraging high tech to deliver a personalized closing experience, recently accepted the Mid-Atlantic Region’s “3E Remitter Award” from title insurance underwriter, WFG National Title Insurance Company.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220628005860/en/

Members of Federal Title's team pose for a photo after receiving the WFG 3E Remittance Award, awarded every year to the title companies in the region with a top performance score. Federal Title is an independent title company that is responsive, knowledgeable and competitively priced, serving DC, Maryland and Virginia for over 25 years. (Photo: Business Wire)

Members of Federal Title's team pose for a photo after receiving the WFG 3E Remittance Award, awarded every year to the title companies in the region with a top performance score. Federal Title is an independent title company that is responsive, knowledgeable and competitively priced, serving DC, Maryland and Virginia for over 25 years. (Photo: Business Wire)

“We strive to build a more proactive, efficient and streamlined process on all ends of the real estate transaction, including proper policy remittances,” said Sanam Geramifar, who is Federal Title’s controller and disbursement coordinator. “This is a proud moment because our team’s efforts were recognized and celebrated. Also, I love that this award emphasizes the importance of being environmentally friendly.”

The 3E Remittance Award is awarded every year to the title companies in the region with the top performance score, which is determined by timeliness, accuracy and consistency of remittance delivery. A higher score is one indicator of a title company’s dedication to one of the most important details of each real estate transaction, proper management of consumer funds.

WFG’s VP, Mid-Atlantic Agency Andrew Hooper visited Federal Title’s Uptown office in Friendship Heights to congratulate members of the team and present the award.

“The team at Federal Title is among the best in the business,” Hooper said. “They are consistently ahead of the curve when it comes to technology and workflow, and they embody WFG’s vision of taking time and cost out of the real estate transaction. All around, they are a pleasure to work with.”

ABOUT FEDERAL TITLE & ESCROW CO.

For over 25 years, our independently owned title company has leveraged technology to streamline the closing process, providing top-notch service at a competitive price across the Capital Region. We are proud pioneers of creating a better closing experience for buyers, sellers, agents and lenders. Our instant REAL Credit has saved our neighbors upward of $18 million to date, while our paperless, custom-built closing workflow software allows us to proactively keep customers in the know and avoid settlement surprises. Our mobile app Close It! helps homebuyers and their agents better understand the complete cost to be paid at closing. Often imitated but never replicated, we set the bar other title companies aspire to reach.

src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20220628005860r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />

View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005860/en/

Nikki Smith
Federal Title Escrow Co.

e: [email protected]

p: 202-274-1515

Source: Federal Title Escrow Company

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