Category: Network News


Florida Agency Network Completes SOC 1 (SSAE 16) TYPE 1 Examination

FAN-Mockup_02

Tampa, Florida – October 1, 2015 – The Florida Agency Network (FAN), Florida’s largest network of independent title agencies, is proud to announce it has completed a SOC 1 (Statement on Standards for Attestation Engagements No. 16 [“SSAE 16”]) Type 1 examination. The examination was performed by 360 Advanced, P.A., a full-service audit and consulting firm that specializes in integrated compliance solutions, including conducting SOC 1 examinations.

SSAE 16, developed by the American Institute of Certified Public Accountants (“AICPA”), is the most widely recognized authoritative guidance that provides service organizations a uniform method for disclosing independently assessed information about the design and operation of internal controls related to their services. Companies who complete an annual SOC 1 examination are able to demonstrate a substantially higher level of assurance and operationally visibility than those companies who do not.

Securing SOC 1 Type 1 examination reinforces FAN’s, and its embodying agencies, commitment to security, confidentiality, availability, privacy and processing integrity by ensuring the highest quality and security of services provided to their customers. As the implementation of the TILA/RESPA reform is set to happen on October 3, 2015, many title companies have yet to complete the SOC 1 examination, leaving their stakeholders in a position to risk the exposure of non-public personal information (NPPI).

“We are proud to announce the completion of this major accomplishment. Very few in our industry can boast having a SOC 1 (SSAE 16). I think this portrays our level of commitment to the protection of data and NPPI (Non Public Private Information) to our real estate partners, and more importantly, to the consumer. Having gone through this rigorous assessment, we can provide certification and proof to our lenders and banks that the Florida Agency Network and its affiliates have taken its systems, procedures and control levels above and beyond what the industry has supplied in its Best Practices. Best Practices is simply the start, to get the industry moving in the right direction. SSAE 16 compliance is the next step, putting us on the same level as our banking and lending partners when it comes to compliance and protection.” says Aaron M. Davis, CEO of the Florida Agency Network and its multiple brands, which include Hillsborough Title, Trident Title, Paramount Title, Tampa Bay Title, Cornerstone Title, HomePlus Title, Uptown Title, Bella Title, Performance Title & Escrow, StrongHold Title and Progressive Title Solutions.

The FLORIDA AGENCY NETWORK (FAN) is the largest network of independent title agencies in the State of Florida. We have formed a strategic alliance to better serve our clients, allowing us to provide more services throughout the state. FAN offers convenient locations and many services that most title agencies do not provide, such as in-house legal counsel, in-house title plant, HOA estoppel ordering, dedicated REO department and much more.

Flagency.net


Florida Agency Network CEO, Aaron M. Davis, Talks Market Changes in TitleNews Magazine

When it comes to the upcoming CFPB changes, Aaron M. Davis, Florida Agency Network’s founder and CEO, is the man to speak with. Davis gave Jeremy Yohe, of American Land Title Association, his insight into the upcoming market changes in ALTA’s January edition of TitleNews. In the cover story, Davis goes into detail on the new RESPA-TILA disclosures and how to excel in these changing times.

To read the full cover story, click here.


ALTA News: Florida Agency Network Appoints COO

Tampa, Fla.-based Florida Agency Network introduced Mike LaRosa as its new chief operating officer.

“There have certainly been some milestones in our company and network that have been game changing,” said Aaron Davis, chief executive officer of the Florida Agency Network and its multiple brands, which include Hillsborough Title, Trident Title, Paramount Title, Tampa Bay Title, Cornerstone Title, HomePlus Title, Uptown Title, Bella Title, Performance Title & Escrow and Progressive Title Solutions. “Having the caliber of person and operator like Mike LaRosa join us was never something we could have imagined years ago. Mike brings 16 years of industry experience and the operational expertise of running one of the largest title insurance underwriters to the Florida Agency Network,”

In 1999, LaRosa began his title insurance career as associate counsel at First American Title’s divisional headquarters in Tallahassee. By 2000, he moved to Tampa to work with the partnership division, where he was promoted to vice president and counsel. He spent six years in the that role establishing affiliated business arrangement title agencies with mortgage, builder/developer and real estate professionals throughout the Southeast.

LaRosa was named Tampa Bay agency manager in 2007. His territory eventually expanded to include the southwest region of Florida. Ultimately, he was promoted to Florida state agency manager where he has spent the past three and a half years.

For the original feature, click here.


Florida Agency Network Announces Mike LaRosa As Chief Operating Officer

TAMPA, FLA. – April 6, 2015 – Florida Agency Network, Florida’s largest network of independent title agencies, is proud to introduce Mike LaRosa, Esq., as the new Chief Operating Officer for the company.

“There have certainly been some milestones in our company and network that have been game changing. Having the caliber of person and operator like Mike LaRosa join us was never something we could have imagined years ago. Mike brings 16 years  of industry experience and the operational expertise of running one of the largest title insurance underwriters to the Florida Agency Network. We are thrilled to have Mike join our growing family,” says Aaron M. Davis, CEO of the Florida Agency Network and its multiple brands, which include Hillsborough Title, Trident Title, Paramount Title, Tampa Bay Title, Cornerstone Title, HomePlus Title, Uptown Title, Bella Title, Performance Title & Escrow, and Progressive Title Solutions.

LaRosa graduated from the University of Florida with both his Bachelor’s degree and Juris Doctor degree in 1998. In 1999, LaRosa began his title insurance career with First American Title as Associate Counsel at the company’s divisional headquarters in Tallahassee. By 2000 he moved to Tampa to work with the Partnership Division, where he was promoted to Vice President and Counsel. He spent six years in the Partnership Division establishing affiliated business arrangement title agencies with mortgage, builder/developer, and real estate professionals throughout the Southeast.

In 2007 LaRosa was named Tampa Bay Agency Manager, and his territory was eventually expanded to include the entire southwest region of Florida. Ultimately he was promoted to Florida State Agency Manager where he has spent the past three and a half years. Throughout his career within First American he had the opportunity to speak at various industry functions, and he enjoyed the privilege of being selected to participate in the company’s specialized leadership training program geared at developing its internal leaders.

The Florida Agency Network is excited to have LaRosa onboard to help grow its statewide footprint while maintaining a strong, customer-service brand commitment to the community.

 

To read the full feature, click here.


Hillsborough Title, Florida Agency Network strike deal for Bella Title

Wednesday, January 7, 2015, 2:13pm EST

Margie Manning | Tampa Bay Business Journal

 

Florida Agency Network has acquired Bella Title, a Land O’ Lakes-based real estate title company.

 

Financial terms were not disclosed. Mica Butterwood, owner and operator of Bella Title, will serve as Florida Agency Network’s relationship manager for northern Hillsborough County, a statement said.

Florida Agency Network is an umbrella organization of title companies that have been consolidated amid industry changes. Launched by Aaron Davis, president and CEO, and with its roots in Hillsborough Title in Plant City, Florida Agency Network has grown to be the largest title organization in Florida, Davis said.

“Just five years ago, we had one office and five employees,” Davis said. “Today we have 27 offices and more than 200 staffers.”

The Dodd-Frank financial reform measure is driving consolidation, Davis said. Title companies are now considered part of the financial services sector, and face increasing costs of regulatory compliance, including higher E&O [errors and omissions] insurance, banking-type audits and cybersecurity mandates.

“A lot of agencies are going out of business, selling or being rolled into a larger agency like mine,” Davis said.

In addition to Hillsborough Title and Bella Title, other agencies in the network are: Tampa Bay Title, Paramount Title, Homeplus Title, Cornerstone Title, Uptown Title, Trident Title, Progressive Title Solutions, Performance Title & Escrow and CU Title.

 

Original Article

 


Thanks to club, all patrol officers have life-saving device

By Dave Nicholson | Tribune Staff 

Published: February 19, 2015

Former Plant City Rotary Club president, Aaron M. Davis, presents the last of the AED units donated to the Plant City Police Department
Aaron M. Davis, former Plant City Rotary Club President and current president of the Florida Agency Network, presents the last of the AED units promised to the Plant City Police Department

PLANT CITY – About 18 months ago, the Rotary Club promised to raise enough money to equip each Plant City police officer with a portable device that can restore the heart’s rhythm during sudden cardiac arrest.

Last week, the Rotary Club of Plant City made good on its pledge, delivering the last 20 automated external defibrillators for the police department’s fleet. In all the Rotary donated 47 of the units, valued at a total of $50,000.

Police Chief Ed Duncan said his officers often arrive at medical emergencies before paramedics so it was a good idea to equip them with the defibrillators.

“One of the most frustrating things for an officer is to get to the scene and not have what is needed to help,” Duncan said.

 Duncan said the department has used the defibrillators in at least four instances since the Rotary delivered the first units in 2013.

Rotary Club President Brian Griffin and former club president Aaron M. Davis presented the last of the defibrillators to the police at the Rotary’s Feb. 16 meeting. Davis was president when the Rotary started its drive to purchase the defibrillators.

Among other fundraisers, the club used the proceeds from its popular annual Dancing with the Locals to raise money for the devices. The club originally thought it would need to raise $100,000 but the units cost less than originally expected, club public relations representative Jim Scott said.

The department has enough of the devices so every patrol officer and supervisor has one in his or her police vehicle, Duncan said.

 

To read the original article feature story, click HERE.

 

 


Bella Title latest member of Florida Agency Network

January 26, 2015

www.thetitlereport.com

Volume 16, No. 6

Bella Title is the first acquisition by the Florida Agency Network (FAN) of 2015, as part of its statewide expansion. The network has a staff of more than 200, 3 real estate attorneys on staff and 27 locations throughout central Florida. Last fall, two of the top title insurance companies in Florida, the Hillsborough Title (HT) family of companies and Trident Title, joined forces to create the Florida Agency Network. With the coming changes in the industry Hillsborough Title CEO and President Aaron Davis said he saw a need to become a statewide player.

Bella Title is the 11th member to join the network, among the ranks of: Hillsborough Title, Tampa Bay Title, Paramount Title, Homeplus Title, Cornerstone Title, Uptown Title, Trident Title, Progressive Title Solutions, Performance Title & Escrow and CU Title. HT also recently opened a new REO division. FAN welcomed Mica Butterwood to the team with the Bella Title acquisition. Butterwood will serve as relationship manager of the northern Hillsborough County territory. Butterwood is the owner and operator of Bella Title.

READ THE FULL ARTICLE

 

 


Title CEO Aaron Davis’ Crystal Ball: What he knows could save your agency!

Podcast with Aaron Davis, CEO of Florida Agency Network

Is there such a thing as “self-certification?” 

I chat one-on-one with Aaron Davis, fast-moving CEO who grew Hillborough Title into the FloridaAgency Network–the state’s 4th largest privately owned agency. On tap is the ongoing conversation about certification–will ALTA Best Practices be enough? Can agents afford to pursue SOC II certification? Can they afford not to? Aaron also shares his thoughts on protecting NPI, “self-certification” and the future success of the small agent.

 

LISTEN NOW

 

Follow Robert Reich on his Twitter account (@RobertLReich) or the NextDeal on their Twitter account (@NextDealDigDocs).

 

 


Can You Have Too Much Curb Appeal?

We read an interesting article from NPR recently about one of the famous “Painted Ladies” selling at an astonishing 900K less than the asking price. They’re iconic of not only the city, but of the environment that we all feel San Fransisco has. There’s curb appeal built in—they’re the houses from Full House for goodness sake!

Painted Ladies San Francisco January 2013 panorama 2.jpg
Painted Ladies” by King of HeartsOwn work. Licensed under CC BY-SA 3.0 via Wikimedia Commons.

But in reading the article, we suddenly got another picture: that of any homeowner living in homes that are iconic enough to be recognized nationwide—dealing with the tourism and the hassles that come with a home that’s also an attraction. Some people like the attention but even celebrities don’t like the papparazi and other privacy invaders. Imagine buying one of these gorgeous homes and having pictures taken of you when you’re unsuspecting! That’s enough to turn off most homebuyers—and seemingly enough, it affected the sale of the Painted Lady in San Fransisco.

The Curb Appeal of San Fransisco

But, does this translate over to a home that’s not famous? Probably not. If the home’s not an icon of your neighborhood or city, then as much curb appeal as you can muster is usually a good thing. Let’s use the Painted Ladies of San Fransisco as an example of what curb appeal is. Overly famous or not, they are very pretty homes.

Firstly, the home is painted well. The name “Painted Lady” itself comes from the paint job, three colors used to bring out the architectural nuances of the home and to make the home stand out and have character. Curb appeal is all about the visuals and the Painted Ladies definitely have the visual elements going on for it.

There’s no yard to speak of at these homes, either, but the front of them are kept well and offer simplicity as their main attraction. Simple stoops, well-groomed trees, a clean exterior. Simplicity is the key here. Nothing is overwrought, but it’s all well thought out.

That’s key: every homeowner wants a nice looking home, but most of us work and complex looks or elaborate landscapes to keep up might not be to our taste. A simple cleaning and a new coat of paint every so often? Most can manage. Keep your homes simple.

map of San Fransisco

Finally, the homes are generally accessible. They’re by a park on a main street. The location is very good. They’re right off the 101 and I-80 in San Fran, meaning that to get anywhere, it’s a simple commute. The university is just down the street. Between location and looks, the houses (if they weren’t famous) would net almost any asking price the owner wanted. (After all, while this Painted Lady sold for far below asking price, the owner still got $3.1 million for it. That’s nothing to sneeze at!)

Should You Worry About Too Much Curb Appeal?

The simple answer: no. Too much curb appeal generally isn’t possible. Keep up on the modern trends of exterior design, keep the place clean, well painted, and if you can, play up the conveniences of living there. That will help your home sell.

It’ll also help if you don’t let a show film at your home. That’ll keep the papparazi down. Otherwise, make your house look as good as you know that it is!