ESCROW PROCESSING/CLOSING SOFTWARE is a full-featured application, covering the entire Opening to Closing process of an escrow transaction. The industry specific design makes this the most productive, yet easy to learn and easy to use software available. Escrow Processing is loaded with features that increase efficiency, such as External Documents and Electronic File Notes; provide for better communication with print, fax, email, and internet capabilities; and reduce operational expenses through increased productivity and reduction of print, postage, and delivery expenses. Our File Status feature and Management Reports provide critical information. Integration with Title Production and/or Trust Accounting saves time and money and assures accuracy.
TITLE PRODUCTION SOFTWARE's unique design brings speed and flexibility to the production and revision of Preliminary Reports, Commitments, Policies and Endorsements. The software allows you to copy as much or as little information from one order to another, including legal descriptions, entire policies, or select schedules, exceptions or requirements. Integration with Escrow Processing saves time and money by eliminating double data entry and reducing errors.
ESCROW TRUST ACCOUNTING allows for complete internal control. The software can be operated independently or integrated with Escrow Processing software for maximum efficiency and accuracy. RBJ’s Escrow Trust Accounting software is industry specific, providing for regulatory compliance and trust accounting accuracy.
ELECTRONIC TRUST ACCOUNTING SERVICE (ETAS) frees up your staff and provides for oversight of your trust account activity. On a daily basis, electronically transmit your trust account activity to RBJ’s professional, trained staff. They’ll process your activity and produce daily and monthly reports in .pdf for viewing or printing at your convenience.
RECONCILIATION SERVICE provided daily or monthly to detect discrepancies between your trust accounting reports and the bank statement.
TRANSACTION MANAGEMENT SOFTWARE helps secure your client relationships. redX (Real Estate Data Exchange) is a secure internet application, fully integrated to Escrow Processing software. Communicate effectively with the parties to a transaction – post the status, send a message, share a note, send documents – all under your timing and control. Let your clients (brokers, agents, lenders, transaction coordinators) initiate openings to you, manage their tasks, view/print your postings, and upload reports for distribution. Fast, easy, 24/7 convenience!
SDN LIST ACCESS allows for easy compliance with The Office of Foreign Assets Control (OFAC) of the Department of the Treasury’s regulations regarding Specially Designated Nationals. Quickly and easily check the parties to your escrows, third party depositors, and payees of disbursements against OFAC's SDN list.
1099-S PROCESSING SERVICE helps keep you compliant with government regulations. Easily generate 1099-S information from RBJ’s Escrow Processing software and electronically transmit to RBJ. After a content verification process we can prepare and mail the 1099-S form to your client or you can. We do the annual state and federal (IRS) filing.
POSITIVE PAY DATA TRANSMISSION helps protect your trust account against fraud. On a daily basis, electronically transmit your check issue file to your bank. Your bank will compare checks being presented for payment against the check issue file and immediately notify you of any exceptions.
RBJOnline combines all of RBJ’s great Escrow/closing industry software and services into one incredible pay-per-transaction subscription. Great for new start-ups and lower volume operations, RBJOnline includes Escrow Processing Software, Electronic Trust Service, redX, SDN List Access, Positive Pay Data Transmission, and 1099-S Processing Service. Software is hosted on a secure centralized server, accessed via the internet. Low initial investment, low use fee – same great software, same great service!