An ABA is when a Producer of business i. e. Lender, Real Estate Agent, Mortgage Company, Home Builder, Developer, etc. owns an equity interest in a Mortgage Company or Title Agency in whole or in part.
When operated properly an ABA may provide better service and protection to Consumers while giving Producers more control over the real estate transaction and allowing Producers to earn additional income. Affiliated Business Arrangement are subject to the Real Estate Settlement Procedures Act (RESPA).
If you are a Bank or Mortgage Company, Real Estate Company, Home Builder or Land Developer and are interested in the prospect of offering better service to consumers through an Affiliated Business Arrangement please contact us. We may suggest ABA Managers who may be willing to work with you and guide you through the process.
ABA Coop Manager Members include highly-skilled, knowledgable individuals who can assist in setting up and operating your Afilliated Business. Contact us today!
Would you like to be considered as an ABA Manager? To Learn more [Click Here]
Would your firm like to provide Escrow/Closing services in Texas for Agents providing Title Evidence only? To Learn more [Click Here]