Category Archives: Title Insurance Issues

Post Closing Course available on Learntitle

The Closing is Over but What About the Post Closing

This course is approved in several states. Choose one to enroll and get continuing education credit.

New Jersey

Pennsylvania

Missouri

Oklahoma

Alabama

This course is approved for 1 credit.
The following is an outline of what will be covered in the course:

Eye on the Prize/ Get it Closed

  1. Fiduciary Responsibility / Commitments
  2. Disbursements
  3. Risk Factors

What Is Post-Closing? 

  1. Recordings
  2. Money
  3. Lien Release and Trustee Services
  4. Original Documents
  5. Culture – the details

Recording – Priority  

  1. Importance of Immediate Recordation
  1. Compliance
  2. Policy Liability / Gap
  3. Customer Satisfaction
  4. Underwriter Relationship
  5. Minimize Title Liability
  6. Supports prompt funding
  7. What is E-Recording? How does it help?

Follow the Money

  1. Payoffs
  2. Insurance, Taxes, High Risk Items
  3. Good Funds vs. Collected Funds

Reconciliation

  1. 3 way reconciliation
  2. Consumer funds
  3. Balance in Files
  4. Fraud
  5. Security
  6. Escheat
  7. Protecting consumer funds

Lien Release Tracking

  1. Have a process
  2. Follow through
  3. What to do when you can’t wrap it up

Outsourcing

  1. How does it all work?
  2. Curative
  3. Settlement

The Challenge of Change

  1. Getting Staff buy in
  2. Creating a culture that supports thorough post-closing processes

This course is approved in several states. Choose one to enroll and get continuing education credit.

New Jersey

Pennsylvania

Missouri

Oklahoma

Alabama

Presenting this course are:

Vicki DiPasquale
National Sales Manager
Simplifile
 
Liz Tanner
Tanner Law, Ltd.
Final Trac
16B Gooding Ave,
Bristol RI 02809
(401) 253-7854

E-Recording

E-Recording…Today’s technology to streamline closing processes

Available online to enroll and complete at your convenience – Online all the Time 

Click Here to Enroll

E-Recording is a hot topic in the industry right now; especially as the market has slowed and title agents are trying to do more with less and gain competitive advantage.
The presentation will address doing business with digital documents and explain the e-recording process from the title industry perspective. During the presentation, we will review and outline eDocument legislation that permits e-recording both on a federal and state level. We will conclude by discussing the competitive advantages that e-recording brings to title agents specifically.

Learning Objectives
Participants will gain a better understanding of the e-recording industry and how to improve their overall workflow.
The education track of this session includes regulatory statutes as well as several facets of business operations. Participants will be able to leave this session empowered with knowledge that will help streamline their post closing process. Benefits of e-recording include:

  • Increased customer satisfaction
  • Improved agent/underwriter relationship
  • Streamlined post-closing workflow
  • Reduced per-transaction costs
  • Fewer file touches
  • More time for business development

Cyber Crime in the Title Industry

Purchase the course and complete it on your schedule

3 credits

Click Here to Enroll

Cyber Crime

The FBI’s Internet Crime Complaint Center receives complaints crossing the spectrum of cybercrime matters. Since they began tracking scams in late 2013, it has compiled statistics on more than 7,000 U.S. companies that have been victimized. The scam succeeds by compromising legitimate business email accounts through social engineering or computer intrusion techniques, Businesses of all sizes are targeted, and the fraud is proliferating. Title companies handle a lot of money through their escrow accounts and are consequently a favorite target of cybercriminals. This course covers all the different types of cyber fraud, how to recognize them, and how to protect your business against them.

Click Here to Enroll