On October 9, 2015, the Los Angeles City Council passed an ordinance to establish mandatory standards for earthquake hazard reduction. Article1, Division 93 - Existing Buildings of wood-frame construction Applies to buildings where a permit for construction was applied for before 1/1/78 and the ground floor portion...
Pango Group, American Trust Escrow's parent company, has successfully completed a Statement on Standards for Attestation Engagement No. 16 (SSAE 16) SOC 1 & SOC 2 Type II audit. With the ever-evolving regulations mandated by the Consumer Financial Protection Bureau (CFPB), Pango Group is proud to...
May the good things of life be yours in abundance not only at Thanksgiving but throughout the coming year....
While we are a couple weeks into the new TILA-RESPA Rule implementation, there's still plenty to learn on how it affects your upcoming escrows! If you're feeling like you need a refresher course on the new Closing Disclosure, transaction timelines, or other general TRID facts, contact...
CFPB Regulations are the hottest topic in our industry right now. When the TRID rules take effect, there will be industry-wide changes that will alter the way you will process your sales and run your business. Not to be overshadowed is the risk of identity...
You’ve heard about the drought for years. You’ve seen the “Water Wise” commercials on television and the electronic billboards on the freeway that read: “Drought. Save Water!” But, when the water companies start to fine you for inefficient or even wasteful water usage, that’s when...
Through many of our training classes, we’ve jotted down some questions from Realtors about the “Consumer Financial Protection Bureau” (CFPB) and upcoming changes and have answered a few of them here. We hope you find this information useful! Stay tuned for more Q&A posts! Should the...
Pango Group executives are offering compliance training sessions with real estate agents, lenders, and other escrow companies throughout Southern California. Scott Akerley, Jeff Russell, and Joe Curtis have launched this initiative to educate the real estate and lending community on the new regulations coming up....
Pango Group, American Trust Escrow's parent company, has successfully completed a Statement on Standards for Attestation Engagement No. 16 (SSAE 16) SOC 1 & SOC 2 Type I audit. The SOC 1 report audits the controls relevant to a service organization’s financial reporting systems. A SOC...
Prior to looking into the process of buying a home, the term "escrow" may be foreign to you. After you've been through it however, you quickly realize what an important part of the process escrow is and why prospective home buyers should learn more about...
