A better way to manage escrows for homebuyers’ deposits
Improve the efficiency of homebuyer deposits management and reporting with NES Financial’s Homebuilder Escrow Solution, which provides advanced sub-accounting services and enhanced reporting features that improve operational efficiency while decreasing costs and mitigating the risks inherent in manual processes.
As the nation’s leader in escrow administration technology, NES Financial offers multi-tiered sub-accounts and other complex account structures needed to provide a fully compliant solution for different types of homebuilder deposits and regulatory requirements.
Our team brings expertise in trust and escrow structures, plus a broad knowledge of homebuilders’ needs, banking capabilities, and FDIC insurance regulations to help you create a custom solution that is quick to set up and easy to use.
Streamline homebuyer deposits reporting and recordkeeping
Our proprietary reporting engine can be customized to generate and archive audit trails, balances, deposits, disbursements, interest postings and individual balances for any account and sub-account in real-time. You benefit from an efficient method for monitoring funds movement from earnest money deposit accounts to your operating account.
Learn how we created a quick-to-market solution that improved one homebuilder’s administration processes within 30 days.
The NES Financial escrow services difference
- Rapid and seamless deployment with no downtime
- Comprehensive set of fully compliant, customizable trust and escrow services and solutions
- Robust reporting engine for automated reporting capabilities
- 24/7 online access to account information and documentation
- Highly qualified team of prominent industry and tax law experts
- Highest level of regulatory compliance in the industry, including:
- Sarbanes-Oxley 404 compliance
- USA PATRIOT Act compliance
- Gramm-Leach-Bliley Act compliance