Form 1099 Reporting Best Practices So You Are Ready For 2023 Reporting
Jack Faust Jack Faust

Form 1099 Reporting Best Practices So You Are Ready For 2023 Reporting

Filing Forms 1099-S with the IRS is a routine part of a settlement agent's responsibilities. However, it seems that many settlement agents wait until January, February and even March of the following year to start working on their filing details. The purpose of this white paper is to prescribe a process to be followed throughout the year so that, come March of the following year, the filing of Forms 1099 will have been completed with minimal stress and errors.

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Generes & Associates Survival Guide: Prepare for the Storm with Closer’s Relief
Eric Generes Eric Generes

Generes & Associates Survival Guide: Prepare for the Storm with Closer’s Relief

Ahoy, fellow adventurers in the world of title! As hurricane season rolls in, it’s time to batten down the hatches and prepare for potential storms that can leave us scrambling for cover. It’s not just about securing your homes and stockpiling your pantries. Your title business needs its own version of hurricane preparedness, metaphorically speaking. Just as a relentless storm can wreak havoc on your property, an influx of closings and staffing shortages can send your business spiraling. But fear not! Generes & Associates’ Closer’s Relief is here to guide you toward sunny skies.

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Grill and Chill: Enjoy Your Summer with Help from Generes & Associates
Eric Generes Eric Generes

Grill and Chill: Enjoy Your Summer with Help from Generes & Associates

Summer is (almost) here!

You know what that means, right? Warmer weather. Longer days. Greener grass. Sweatier backs…

Yet, while many of us hope for some time to rest and relax, the work never stops for title and settlement agents. While none of us really know what the market is going to do this year, the early months of summer are typically one of the busier seasons for home sales and refinancing. More home sales mean more title searches, more closings, and of course, more paperwork to process. With all that comes tighter deadlines, quicker turnaround times and dreaded backlogs. (Is this all making you sweat yet?)

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What You Need to Know for ALTA Best Practices, 4.0
Eric Generes Eric Generes

What You Need to Know for ALTA Best Practices, 4.0

"The only way to make sense out of change is to plunge into it, move with it, and join the dance." - Alan Watts, old, dead British-American philosopher (1915-1973)

Earlier this year, the American Land Title Association (ALTA) published the ALTA Best Practices Framework, version 4.0. If you’re new to the title and settlement industry or just need a refresher, click to read more!

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The Escrow Sweep Stakes
Jack Faust Jack Faust

The Escrow Sweep Stakes

If you are like many of the settlement agents for whom we at G&A provide services, you are earning revenue that you never receive and, in most cases, do not even know about. Let’s talk about the hidden income derived from your escrow accounts.

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Our Core Values: The Driving Force Behind Our Commitment to You
Eric Generes Eric Generes

Our Core Values: The Driving Force Behind Our Commitment to You

It’s time to use this space to brag a little. Recently, the Generes & Associates team has been working with a large law firm preparing closing disclosures and HUDs for a significant, high-dollar condo development. During the preparation, we discovered that some of the purchasers may be foreign nationals – not really a problem or issue in the short term.

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Enjoy the Revelry Without Disrupting Your Operations
Eric Generes Eric Generes

Enjoy the Revelry Without Disrupting Your Operations

Parades and parties. Beads and doubloons. Eating yourself sick.

It’s Carnival season here in New Orleans, and we couldn’t be more excited. Since early January, we’ve been awash in great food, celebrations, costumes and a never-ending helping of King Cakes.

While Mardi Gras is quintessential to our way of life, it throws a wrench into normal operations, doesn’t it? Don’t worry, you can admit it. We won’t tell.

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New Year, New You, But Your 1099s Will Soon Be Overdue
Eric Generes Eric Generes

New Year, New You, But Your 1099s Will Soon Be Overdue

1099 season is upon us, and title and settlement professionals are feeling the pressure. Despite your 2022 New Year’s Resolution, you and your team have again waited until now to start the 1099-S filing process. You’re also once again three months behind on your 3-way reconciliations, and you know all too well the flurry of activity needed to complete your filings while somehow still balancing day-to-day operations.

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2022: The Year in Review
Jack Faust Jack Faust

2022: The Year in Review

Here we are. The end of the year. A time to look back, reflect and remind you about all the events that transpired, and a time to gently put Father Time out to pasture and welcome that sweet, cuddly and fat newborn Baby New Year.

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Sure, Virtual Conferences are Convenient. But Are They “Better?”
Jack Faust Jack Faust

Sure, Virtual Conferences are Convenient. But Are They “Better?”

Virtual meetings are super easy and a great addition to the modern workplace. Nonetheless, the in-person conference will never fall totally out of fashion. In fact, if you have attended one of these in-person events lately, you know there’s a special buzz in the air. Everyone is excited to interact, catch up and meet new friends. Here are four reasons why meeting in person has a leg-up on virtual.

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Your Support System for Systems Support
Jack Faust Jack Faust

Your Support System for Systems Support

We know the ins and outs of all your industry-standard software in the title, settlement and escrow biz. What’s more, we can solve your problem – whatever it is – and get you back rocking and rolling right away. What gives us the edge over the existing support systems for these software solutions? Glad you asked!

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3 Ways Outsourcing Can Benefit Your Title Agency
Jack Faust Jack Faust

3 Ways Outsourcing Can Benefit Your Title Agency

Most people think title insurance is boring. As far as we know, there are no title company reality TV shows, and no one grew up with a poster of legendary abstractor, Jimmy “No Liens” Lombardi, on their wall. Luckily for homeowners across the country, you don’t think it's boring, which is why you spend so much time and effort to protect your client’s property rights. But let’s face it, some parts of the job are boring (or just a pain in the neck.) That’s where we come in.

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A Great Time at the LTAMS 2022 Conference
Jack Faust Jack Faust

A Great Time at the LTAMS 2022 Conference

Generes & Associates had a great time last week at LTAMS Annual Conference in Biloxi, Mississippi. The key takeaway from our CEO Ed Generes' speech was that Generes & Associates truly is a one-stop-shop for all your industry needs.

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A Quick RONdown on Remote Online Notarization
Jack Faust Jack Faust

A Quick RONdown on Remote Online Notarization

It's simple to see how one might view the eClosing as the next logical step for the industry. While we're not here to outright refute that, we are here to touch on an issue that has been overshadowed amidst all the excitement-- the issue of digital security.

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Product Spotlight: Closer’s Relief
Jack Faust Jack Faust

Product Spotlight: Closer’s Relief

Struggling to keep up with processing demands? Our friendly and professional team can cover all of your transaction processing needs from receipt of the order to preparation of the settlement disclosure forms, closing documents and recording of the final documents.

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