Escrow Industry Update

License Types	As of January 2018	As of January 2017
Main Office	60	59
Branch Office	11	10
Officers	113	130

Escrow Agent Renewal Success

A huge THANK YOU to all Escrow Agent licensees for completing your renewals early. The Department is happy to report that all renewals and payments were submitted on or before the December 31 expiration. This prevented any interruption in business due to a late renewal.

A quick reminder to licensees that you are required to have compliant Fidelity Policies. Follow the links below for more information:

Fidelity Bond FAQs
Escrow Agent Endorsement

Escrow Officer Renewals

Don’t forget! Escrow Officer Licenses expire throughout the year, depending on the initial approval date. Renewals are paid online via the Escrow Officer Online Renewal System. The Department is seeing an increase in officers renewing late or not renewing before the license cancels. If the license cancels, the individual must reapply for the license which involves meeting new application requirements.

See WAC 208-680-243 for renewal and reinstatement information for escrow officers.