Welcome to CSS: Kyle Kauss

Posted by admin on May 1, 2020 2:19:45 PM

CHICAGO, IL – Kyle Kauss, who has an impressive record as a national business consultant, has been hired as Senior Vice President of Strategy & Growth at CSS (Corporate Settlement Solutions).

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2020 Spring Newsletter

What's New

COVID-19

Well, this certainly was not the spring for which we all were hoping! COVID-19 is the top story and top priority right now. The sooner we can move through this pandemic, the better for everyone and everything, especially the economy. You should have already received a notification as to how CSS is handling the COVID-19 situation. CSS is fortunate in that it has long had a backup disaster plan (BDP) in place, which includes incidents of an epidemic or pandemic. While all of our main branches will have at least one employee physically in the office, many of our CSS employees will be working remotely via secured network. It is also a good time to think about whether your customer can close by remote online notarization (RON). As you know, CSS is one of the only title companies that has the ability to close transactions via RON.

CSS is following CDC guidelines relative to COVID-19, while ensuring that we can continue to provide the high level of service to which you are accustomed. So, rest assured that we will continue to be here for you and your customers.

SOC 2 Certification

CSS is now SOC 2 Type 2 Certified! You may have known that CSS had become SOC 2 Type 1 certified several years ago. Over the past year, CSS has been going through the process to become SOC 2 Type 2 certified. If you are not aware of this process, it is an arduous one, but well worth the effort. SOC 2 is designed for service providers storing customer data in the cloud. A SOC 2 Type 2 report, similar to a SOC 2 Type 1 report, evaluates internal controls, policies, and procedures. However, the difference is that a SOC 2 Type 2 report is an internal controls report capturing how a company safeguards customer data and how well those controls are operating. Companies that use cloud service providers use SOC 2 reports to assess and address the risks associated with third party technology services. These reports are issued by independent third-party auditors covering the principles of Security, Availability, Confidentiality, and Privacy. Just one more way CSS is protecting our customers and leading the way in the industry.

 

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2019 Fall Newsletter

The nights are getting cooler, but real estate activity is still HOT! We continue to see a strong purchase and refinance market as we head into the 4th quarter of 2019. Talk of a recession has been floating around for some time now—are the economists accurate

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2019 Spring Newsletter

What's New:

Happy Spring! It was a long, cold, snowy winter, but the snow is finally melting, the temperature is rising and we are looking forward to buyers getting spring fever.

Biggest Challenges for Real Estate Firms Over Next 2 Years

Although with our business there are challenges every day, the following are the top challenges that real estate firms are currently facing:

  • Keeping up with technology.
  • Increased competition from nontraditional market participants.
  • Growing concerns over housing affordability

44% of firms said they expect competition from virtual firms to increase over the next year, with 43% agreeing that such competition would be from nontraditional market participants. We all know that millennials are our new target audience for home ownership. 58% of firms are concerned with millennials’ ability to purchase a home, with 46% being concerned about millennials’ view of homeownership. The majority of real estate firms remain confident that sales and profits will increase over the next year.

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2018 Winter Newsletter

What's New:

We at CSS wish all of you very Happy Holidays and a safe and Happy New Year! We truly appreciate your business and look forward to continuing to exceed your expectations in 2019 !

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2018 Fall Newsletter

Posted by admin on Oct 1, 2018 12:44:38 PM

What’s New:

I have just returned from my annual Federation of Exchange Accommodators 1031 conference. The conference had a lot of daily transactional information to assist Qualified Intermediaries in improving their documentation and knowledge, as well as the latest tax and economic updates that affect the real estate and 1031 exchange industry. 

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2018 Summer Newsletter

What's New!

We are in the middle of the “dog days” of summer, which is our busiest time in Northern Michigan. Real estate is moving, and that is good news for all of us! The legislature has been moving, also, passing several Bills that affect real estate transactions. While I sent these out via e-blast, I am providing the information again in the event it was missed. Enjoy the warm weather while it lasts!

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Topics: Senate Bill 735, Senate Bill 734, Senate Bill 731, Senate Bill 732, Senate Bill 737, Senate Bill 738, Senate Bill 739, Senate Bill 740, House Bill 5811, Senate Bill 733, Federal Taxes, Homebuying, Remote Online Notarization, Senate Bill 736, Public Act, Corporate Settlement Solutions has

2018 Spring Newsletter

What's New!

CSS was recently awarded its 4th consecutive Circle of Excellence Award from Fidelity National Title Group, one of the agency’s underwriters. The award is presented to those agents who demonstrate excellence and commitment to the title insurance industry. Accepting the award on behalf of CSS, from left to right: Beccy Clennan, Manager of Commercial Title and Escrow and Maura A. Snabes, VP, Sr. Underwriting & Compliance Counsel

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Topics: millennials, 1031 Exchange, tax reform, baby boomers, real estate law

RECENT NEWS & INSIGHTS

RON vs. RIN—What’s the Difference?
Jun 3, 2020 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
When the COVID-19 pandemic hit and stay-at-home orders were passed, businesses were scrambling to figure out how to proceed with their transactions...
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Welcome to CSS: Kyle Kauss
May 1, 2020 by admin
CHICAGO, IL – Kyle Kauss, who has an impressive record as a national business consultant, has been hired as Senior Vice President of Strategy &...
Continue Reading
2020 Spring Newsletter
Mar 24, 2020 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
What's New COVID-19 Well, this certainly was not the spring for which we all were hoping! COVID-19 is the top story and top priority right now. The...
Continue Reading
2020 Real Estate Predictions
Dec 30, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
2019 Winter Newsletter
Dec 30, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
What's New: In 2018, Michigan amended its notary law to authorize electronic and remote notarizations. The next step was for the Secretary of State...
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What is FIRPTA and Why is this Acronym Important in Real Estate Transactions?
Dec 2, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
Acronyms have saturated our everyday lives and the real estate realm is no exception. There is one acronym that may sound familiar, but its impact...
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Top 5 Takeaways from ALTA One 2019
Nov 1, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
2019 Fall Newsletter
Sep 30, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
The nights are getting cooler, but real estate activity is still HOT! We continue to see a strong purchase and refinance market as we head into the...
Continue Reading
3 Harmful Real Estate Scams To Know And How To Avoid Them
Sep 26, 2019 by Debbie Bartlett - EVP, Title & Closing Operations
Fraudsters continue to implement new strategies to divert wire transfers in connection with real estate transactions. One of the most recent schemes...
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Title & Closing For Regional Lenders: Time for a New Centralized Model!
Sep 16, 2019 by Jerome Jelinek - CEO
While regional lenders have historically narrowed working relationships to a few AMCs and home equity title, valuation & flood vendors, the...
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Opportunity Zones vs. 1031 Exchanges—Can They Co-exist?
Aug 13, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
Many real estate investors are familiar with the parameters and tax advantages of a Section 1031 tax-deferred exchange to defer the payment of...
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Cannabis Real Estate Transactions: Weeding Out The Confusion
Jul 10, 2019 by Beccy Clennan - Manager of Commercial Title & Escrow
Has the passage of recent Marijuana laws made the real estate industry in Michigan more confusing? Closing a cannabis transaction could be easier...
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2019 Summer Newsletter
Jul 8, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
What's New: Summer is FINALLY here, the temperatures are increasing, and so is real estate activity! A strong job market and low mortgage rates...
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How to Cater to the Millennial Homebuyer
May 28, 2019 by Debbie Bartlett - EVP, Title & Closing Operations
The Millennial Homebuyer is projected to dominate the housing market in the not too distant future. Sharing audience traits and characteristics with...
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The Top 6 Commercial Loan Policy Endorsements to Protect a Lender
May 22, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
Want the Commercial Loan Policy Endorsements that provide the maximum protection? The ALTA 2006 Loan Policy provides many protections for a lender...
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Advantage AVM Cascade: Get Better Results and Lower Costs
Apr 22, 2019 by Kevin Ingles - VP, Strategy & Growth
An AVM Cascade could help your bottom line in a multitude of ways. Are you interested in reducing origination turn-times with limited additional risk...
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2019 Spring Newsletter
Mar 28, 2019 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
What's New: Happy Spring! It was a long, cold, snowy winter, but the snow is finally melting, the temperature is rising and we are looking forward to...
Continue Reading
2018 Winter Newsletter
Dec 5, 2018 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
What's New: We at CSS wish all of you very Happy Holidays and a safe and Happy New Year! We truly appreciate your business and look forward to...
Continue Reading
Oct 1, 2018 by admin
What’s New: I have just returned from my annual Federation of Exchange Accommodators 1031 conference. The conference had a lot of daily transactional...
Continue Reading
Jul 23, 2018 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
What's New! We are in the middle of the “dog days” of summer, which is our busiest time in Northern Michigan. Real estate is moving, and that is good...
Continue Reading
Mar 28, 2018 by Maura A. Snabes, Esq., CES®, CLTP - SVP, Corporate Counsel
What's New! CSS was recently awarded its 4th consecutive Circle of Excellence Award from Fidelity National Title Group, one of the agency’s...
Continue Reading