Process
Reconciliation, Post Funding & Escheat Management
Under the Safe Escrow model, Title Agent can focus energies on Sales and Customer Service:
- PCN Network™, LLC prepares and manages daily and monthly 3-way reconciliations of its bank accounts and provides reconciliation reports to the underwriter and/or state, per requirements
- PCN Network, LLC processes post funding refunds, voids and reissuances of checks Safe Escrow prepares all outstanding check notifications, as required
- PCN Network, LLC monitors all escheatable funds and prepares pre-escheat notification letters
- PCN Network, LLC remits escheated funds per state timelines and requirements