Mike McCloskey

Mike McCloskey
Michael McCloskey is the Professional Services, Reconciliation Team Manager. With more than 20 years of experience working for a large national title insurance underwriter, including positions as an auditor, financial manager and residential operations regional manager. Mike has a strong appreciation for the security of client funds and strives to improve the value we offer customers every day.
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Recent Posts

11/6/19 9:12 AM

What to do when your escrow trial balance shows multiple balances

Settlement providers acting in a fiduciary capacity have a responsibility and obligation to make sure all funds are accurately collected and disbursed in a timely manner. Amounts reflected on the trial balances should only be there while the file is...
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5/7/19 9:13 AM

The bank made an error! How to fix bank and book balance discrepancies

Have you ever received word from your reconciler that there is an amount that cleared the bank that does not match what you have posted in your ledger, or maybe it is not even posted at all? Discrepancies between the bank and book transactions can...
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8/29/18 10:00 AM

How a 3-way reconciliation can help you get happy with the numbers

What would happen if one of your customer ledgers had a negative balance that went undetected for several months or if a mortgage payoff never cleared the bank? Or maybe one of your closers forgot to issue a check for taxes or a receipt that you were...
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