Linda Dymond

LAST CHANCE TO REGISTER! Join us TODAY, July 8, at 2 PM EDT for “Foreclosure Fundamentals” – National CE/CLE* Webinar Webinar Overview: Title insurance provides crucial protection for homebuyers, safeguarding them from losses or damages due to title defects, liens, claims, fraud, and forgery. These risks are often heightened in #foreclosed property transactions, making title insurance indispensable. Are you equipped with the necessary tools and knowledge to handle these complex transactions? What You'll Learn: This 70-minute CE/CLE* webinar will cover essential topics, including: Common foreclosure terms and procedures Federal foreclosure regulations Variances in state laws Judicial vs. non-judicial foreclosure Super-priority liens Post-COVID foreclosure challenges Whether you're new to title insurance or seeking a refresher, this webinar offers a comprehensive foundation to address the unique challenges of foreclosed property transactions. *Registration and Additional Information: To register and for more information on CE/CLE credits, click the link below. This webinar offers (CE) and (CLE) credits exclusively to Doma agents and approved attorneys in select states. To learn more about becoming an agent or approved attorney, email join@doma.com. Presenters: Marilyn Cook Cunningham, Vice President, Mid-Atlantic Regional Underwriting Counsel Lony Sheehan, Vice President, Northeast Regional Underwriting Counsel Moderator: Amy Tankersley, Assistant Vice President, Director of Education & Industry Relations Don't miss this opportunity to enhance your expertise in handling foreclosure transactions. Register now: https://lnkd.in/ghvZRxYb #Doma #titleinsurance #realestate #foreclosures #underwriter #education #webinar #housingmarket

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🏠 Steps for a successful escrow: •Ask for your escrow reference number to use for all future communications. •Read the Commitment for Title Insurance or Preliminary Report. If you do not understand an item, contact your escrow or title officer. •Communicate with your escrow officer, keeping them informed of all related issues such as payoffs, releases, loan approvals, etc. •Inform your escrow officer of any changes. Make sure all changes are in writing. Remember, with rare exceptions, escrow officers act only on mutual instructions. •Understand the tax calendar, debits, credits, prepaid interest, impounds, etc. Ask questions if you do not understand. Familiarize yourself with typical closing costs. •Allow time for your escrow officer to review the loan documents prior to the signing appointment. •Make sure that funds are deposited into escrow on time. (Closing funds are by certified/cashier’s check or wire.) •Check all documents upon receipt and before returning them #realtor #titleinsurance #realestate #sandiegorealestate #SDrealtor #SanDiegoRealtor #SDrealestate #CTSD #ChicagoTitleSanDiego #sandiegorealestate #chicagotitle

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Join Doma for “Foreclosure Fundamentals” – National CE/CLE* Webinar on July 8 at 2 pm EDT. 🌟Webinar Overview: Title insurance provides crucial protection for homebuyers, safeguarding them from losses or damages due to title defects, liens, claims, fraud, and forgery. These risks are often heightened in foreclosed #property transactions, making title insurance indispensable. Are you equipped with the necessary tools and knowledge to handle these complex transactions? 🌟What You'll Learn: This 70-minute CE/CLE* webinar will cover essential topics, including: ✅Common foreclosure terms and procedures ✅Federal foreclosure regulations ✅Variances in state laws ✅Judicial vs. non-judicial foreclosure ✅Super-priority liens ✅Post-COVID foreclosure challenges Whether you're new to title insurance or seeking a refresher, this webinar offers a comprehensive foundation to address the unique challenges of foreclosed property transactions. *Registration and Additional Information: To register and for more information on CE/CLE credits, visit [LINK]. This webinar offers (CE) and (CLE) credits exclusively to Doma agents and approved attorneys in select states. To learn more about becoming an agent or approved attorney, email join@doma.com. Presenters: Marilyn Cook Cunningham, Vice President, Mid-Atlantic Regional Underwriting Counsel Lony Sheehan, Vice President, Northeast Regional Underwriting Counsel Moderator: Amy Tankersley, Assistant Vice President, Director of Education & Industry Relations Don't miss this opportunity to enhance your expertise in handling foreclosure transactions. Register now at: https://lnkd.in/eNNrBPV3 #Doma #titleinsurance #realestate #foreclosures #underwriter #education #webinar #housingmarket

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Liens or third-party claims can complicate ownership. That's why title companies conduct thorough searches to ensure clear ownership. Why Title Searches & Insurance Matter: 🏡Essential to uncover defects and ensure legal transfer. 🏡Title insurance protects against future claims. Secure your dream home! Let True Concept Title help you safeguard your important investment through expert guidance and robust protection for peace of mind. Learn more: https://lnkd.in/ePUr-FMM #Homeownership #TitleInsurance #TrueConceptTitle #RealEstate #FirstTimeHomebuyer

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Order management can change the game for title agents and lenders. Through #GridBase®, users get access to the industry’s first bi-directional, fully-integrated order management of title and settlement services. This integration takes care of processes automatically and effectively within your LOS or TPS solution. Discover the convenience of a unified experience at https://gridbase.io. #TitleInsurance #RealEstate

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The Top 12 Challenges in The Title Industry & How to Solve Them With Automation. Learn How to Automate & Dominate With The Rynoh Software Bundle. Learn More: https://lnkd.in/e-CWYVZB

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New Title IX regulations take effect on Aug. 1. Is your institution prepared? Join us for a crucial Title IX webinar hosted by experts from McGuireWoods LLP. Get a comprehensive walkthrough of the key provisions in the new rule and more. Register today! https://2ly.link/1yApO

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Mobile Notaries and Notary Signing Agents are not the same. Learn what the differences are between the services and requirements for each role.

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The most common reasons that the Certified Loan Program is used are repurchase demands due to underwriting defects including, but not limited to, income calculation, employment documentation, appraisal deficiencies, and GNMA seasoning requirements. Click the image to learn more about Plaza’s Certified Loan Program and how it can help mitigate repurchase risk for your Correspondent business.

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What do you think about the ALTA response regarding lender programs using Attorney Opinion Letters? The American Land Title Association (ALTA) published these reasons why alternative products increase lender risk: Lenders considering the use of attorney opinion letters or other alternatives must understand the risks they are taking on by not getting title insurance. Attorney opinions, in providing more limited coverage of risks, represent a shifting of risk to the lender, not an elimination of the risk. Title insurance provides an underwriting service to mortgage lenders to ensure the borrower has clear ownership rights to the property, free of any other claims to ownership. Historically, lenders have preferred the protection of a title insurance policy because it provides strong protections and mitigates risk. In fact, the protections afforded by title insurance actually replaced attorney opinion letters as the realities of risks experienced from a static examination of the title records became clear. One sizable risk is related to items not discoverable in a public records search like federal tax liens, mis-indexed items or HOA liens. An attorney opinion letter does not cover items not shown in a public records search. Another important example of the difference in coverage is fraud or forgery of title documents. Title insurance provides coverage when a seller’s deed was forged or there was fraud with the previous owner’s will. An attorney opinion letter does not. Unlike an attorney opinion letter, title insurance provides lenders with a defense—including all attorneys’ fees and costs—in a lien priority dispute or other matter covered by the policy. Importantly, title insurance policies are also backed by statutorily required financial reserves to cover future claims risks. Critically, unlike title insurance, attorney opinion letter alternatives could push more consumers into foreclosure since that is a condition to make a valid claim under the terms of these alternative products currently in the market Get more information at https://lnkd.in/gbEGTiSR.

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#TitleTalks Hot Takes is back with a fresh episode discussing the housing inventory and the rising issue of fraud and forgery in the title industry. Listen now: https://lnkd.in/gmN3pjEC

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When it comes to title fraud, there is no substitute for experience and diligence. ALTA recently put out a new study examining 127,000 title insurance claims issued between 2013 and 2022. The analysis, performed by Miliman, provides a critical insight: fraud and forgery account for 21% of all claim expenses and losses, with the average claim costing over $143,000. As industry veterans, we've encountered our fair share of fraud over the years. The common culprit? Someone taking their eye off the ball. This aligns with the study's findings and underscores the critical role of settlement and title agents in preventing fraud, and avoiding claims. It's not a great surprise to us that these numbers are so high. Our experiences with fraud over the years shape the services we offer, ensuring we can be most helpful to our customers. This principal certainly applies to one of our leading services: First Trust Accounting. Like many of our services, it is designed to help title and settlement professionals operate smoothly and with confidence. Put simply: more eyes on the ball, less chance for fraud. Read the full study from ALTA at the link. If these numbers have you feeling uneasy, give us a call and ask us about FTAPrime.

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𝐋𝐚𝐬𝐭 𝐝𝐚𝐲 𝐭𝐨 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫! Act now, today is the last day to register for the 2024 Virtual Mortgage Conference. Attend sessions live or watch any time, on-demand. Sessions will cover all of the most important issues facing vulnerable homeowners, including deep dives and Q & A sessions exploring Credit Reporting, Mortgage Servicing, and more. 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐍𝐨𝐰! #ProtectConsumers #ConsumerLaw cc: National Association of Consumer Advocates

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#Cyber attacks targeting #Mortgage and title firms have been on the rise! But there are some proactive steps that mortgage and title firms can take to protect themselves. Our very own team members Shawn & Kevin break it all down in this HousingWire article:

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Yesenia G gives her thoughts and knowledge on #titlefraud and the importance of #titleinsurance. Learn more!

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