Stewart® and Segin Software Announce Partnership to Promote RynohLive® to Stewart Agencies
HOUSTON (May 14, 2015) – Segin Systems, Inc., Segin Software LLC (“Segin”) and Stewart announce today their partnership to promote RynohLive® -- Segin’s industry leading solution for real estate settlement fraud prevention and escrow reconciliation. As part of this partnership, Segin’s RynohLive® software is now Stewart’s exclusively endorsed escrow account reconciliation, fraud prevention and financial management software, providing ALTA Best Practices approved solutions to its network of Stewart Trusted Providers® that use production software other than AIM+® or AIM® for Windows®.
Earlier this year, Segin Systems reached a global settlement with Stewart Title Guaranty Co. that included dismissal of patent litigation. The global settlement includes an ongoing license agreement for Segin’s U.S. Patent No. 8,165,939.
“Stewart is looking forward to working with Segin Systems and offering their RynohLive® software for use by our Trusted Provider network of independent agencies,” said Patrick Beall, group president for Stewart.
For more information on RynohLive®, visit http://www.rynoh.com/.
Segin is the creator and provider of RynohLive®, a patented financial management and fraud prevention system currently optimized for the real estate settlement industry. Since its introduction nationally in February 2009, RynohLive® has: identified and prevented escrow theft; cyber fraud; wire and ACH fraud; stopped employee embezzlements; eliminated check fraud, disbursing errors and saved its clients tens of millions of dollars. Recognized as an “Elite Provider” by the American Land Title Association, RynohLive® has revolutionized escrow account management and oversight for the industry; while at the same time providing the transparency of financial transactions as mandated by Dodd-Frank and the CFPB.
Stewart Title Guaranty Company is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE:STC), a customer-focused, global title insurance and real estate services company offering products and services through our direct operations, network of approved agencies and other companies within the Stewart family. Stewart provides these services to homebuyers and sellers; residential and commercial real estate professionals; mortgage lenders and servicers; title agencies and real estate attorneys; home builders; and United States and county governments. Stewart also provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; due diligence for capital markets; collateral valuations; home and personal insurance services; tax-deferred exchanges; and technology to streamline the real estate process. Stewart offers personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, and is the preferred real estate services provider. More information can be found at http://www.stewart.com/news, subscribe to the Stewart blog at http://blog.stewart.com or follow Stewart on Twitter @stewarttitleco.