Capitol Title, Closeline Settlements and Monarch Title Announce Strategic Alliance Platform

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Three Major DC Metropolitan Based Title Companies have aligned to create TitleConnect

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The TitleConnect alternative provides forward thinking title practitioners with the benefits that allow them to move their businesses into the future.

Capitol Title, Closeline Settlements and Monarch Title today announce the formation of TitleConnect, a strategic alliance and partnership platform for title agents. TitleConnect follows a cooperative format and enables title company practitioners to retain their independence and continue to compete in today’s climate, ripe with evolving regulatory and technology challenges. Some noted benefits of the alliance include compliance assistance and support for ALTA Best Practices preparation, centralized IT support, HR administration and accounting, and access to title and escrow licensing in more than 40 states.

“The title business has become exceedingly difficult to navigate, especially for smaller title agents. There is an increasing pace of regulatory changes and constant challenges relating to data security and fraud prevention,” said Elliot Liss, President of Closeline Settlements. “The TitleConnect alternative provides forward thinking title practitioners with the benefits that allow them to move their businesses into the future.”

The TitleConnect alliance now creates one of the largest title platforms in the DC metro area. With 18 offices spread across Maryland, Virginia and the District of Columbia, the collaborative companies can better service their clients by utilizing any closing location within the TitleConnect network. Additionally, the alliance allows for the opportunity to provide other streamlined services for both residential and commercial transactions. The focus continues to be on delivering the highest level of customer service and title expertise to real estate agents, lenders, builders, developers and consumers.

“The formation of TitleConnect and the opportunities that are built into its platform represent a unique alternative for the title industry,” said Stuart Orns, President of Monarch Title.

Stan Goldstein, President of Capitol Title adds, “With the increased efficiencies and economies of scale in staffing, purchasing, technical support and administrative support, we are better able to provide our clients and customers with settlement services that exceed their expectations. When those goals are realized, growth surely follows.”

The TitleConnect alliance is actively seeking other title agents and agencies across multiple states to join the expanding network. For more information, please visit http://www.titleconnect.com.

About Capitol Title
Since 1973, Capitol Title has provided settlement services for clients who appreciate the value and assurances that only an attorney-owned, service-oriented company can offer. Our staff of experienced and professionally trained attorneys, settlement officers and coordinators is devoted to the highest standards of service and shares our commitment to professional excellence. In each of the thousands of settlements we conduct every year; our goal is always - be prepared, be professional and be accessible. For more information, please visit http://www.capitoltitle.com.

About Closeline Settlements
Closeline Settlements was founded in 1993 and is a leading provider of customized residential and commercial title, escrow and settlement services nationwide. By utilizing proprietary technology, Closeline developed a web based platform which allows its family of companies to have a multi-state branch network around the country. The Closeline family of companies includes Closeline Settlements, Closeline of Arizona, Closeline Escrow of CA, Inc., Validata Lender Services and Bell & Liss. For more information about Closeline and their full suite of services, please visit http://www.closeline.com.

About Monarch Title
Monarch opened its doors in April, 2003 with just 1 office in McLean, Virginia and now offers clients the choice of 9 convenient locations across the metro DC region. Monarch has grown with the seasoned expertise of well-known settlement agents and staff, providing the highest level of professional service and tremendous knowledge of the local market to our clients. Monarch has also been a local leader in presenting educational seminars to real estate professionals and serving in leadership roles on various committees and projects to further the resources we offer to realtors, lenders, and consumers. For more information, please visit http://www.monarchtitle.net.

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Tanya Leyderman
Closeline
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