Granite Escrow & Settlement Services (Granite) is proud to have passed our annual Statement on Standards for Attestation Engagements No. 16 (SSAE 16) Soc1 Type 2 audit. Granite has successfully established and implemented state of the art systems that meet and exceed the guidelines of ALTA Best Practices and Escrow Institute Model Policies and Procedures,. With the ever-evolving Consumer Financial Protection Bureau (CFPB) regulations.
This means that Granite operates at the highest level of organization & security and meets or exceeds all seven pillars of ALTA’s best practices. With the rigorous regulations mandated by the Consumer Financial Protection Bureau (CFPB), Granite is one of only a handful of escrow companies to have submitted and passed this specialized audit on all our internal controls over security, availability, processing integrity, confidentiality, privacy and financial reporting.
Granite Escrow & Settlement Services (GESS) a California Corporation formed in 2009 to operate as an independent escrow company under the laws of the State of California licensed by the California Department of Business Oversight and a member of the Escrow Agents Fidelity Corporation. A truly independent neutral third party with no ties to any real estate brokerage, lender, or title company. Granite Escrow and Settlement Services serves an extensive and diverse client base including national commercial banks, developers, attorneys, certified public accountants, real estate agents and brokerages, and principals to each transaction.
Formed on the basic principle to do one thing and do it exceptionally well. Granite has brought together some of the most seasoned escrow professionals in the industry to provide first class service to real estate professionals throughout California.
Granite Escrow & Settlement Services corporate office is located in Newport Beach, with branches in Beverly Hills, Santa Monica, Sherman Oaks, Irvine, Newport Beach, Temecula, Carlsbad and San Diego.
With over 70 employees including 21 Escrow Officers, a full support staff, a full sales team, a Corporate Management Team and Trust Department, together with state of the art programs and systems, Granite has assembled some of the most experienced escrow professionals in the state. Granite Escrow & Settlement Services is equipped and ready to handle any kind of real estate closing. GESS has maintained a reputation for excellence in the following areas: Residential Resale/Refinance, Real Estate Owned (REO), Residential New Development, Commercial Resale/ Refinance as well as Private Property Holding Escrows.
Granite Escrow & Settlement Services’ certification program for all escrow officers in the company's employ includes fingerprinting and background checks by the Department of Justice. Additionally it is a company requirement that an escrow officer with at least five years of escrow experience be on site at all branches & the adherence to a policy prohibiting employment of convicted felons or anyone who has been disbarred from the escrow industry. Granite Escrow & Settlement Services has membership with the Escrow Agents' Fidelity Corporation which provides a $ 5 million fidelity bond.