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Product ID: 405963EAU
 
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Title Issues for Lending Professionals

OnDemand Webinar (89 minutes)

Learn about the most problematic title issues and get tips and strategies on how to help solve them.Find out what title insurance really covers and how to combat common title issues. Who reviews the title commitment to make sure that there are no title problems? Not having a solid understanding of the title can cause headaches for everyone involved in the title process. This topic offers insights into what the title insurance policy really covers. Get answers to some commonly asked questions, such as what should you be concerned about on Schedule A? What types of exceptions on Schedule B-II should you worry about? What is the difference between an owner's policy and a loan policy? Come away with a better understanding of the most common title issues and ways to combat them in the future.

Authors

Duane H. Wunsch, Fidelity National Title Group, Inc.

Agenda

Title Risks That Await Investors

• The Public Land Records

• Spectrum of Liens, Defects and Encumbrances

Risks to Lenders: Mortgage Unenforceability and Lack of Priority

Purpose of Title Insurance

Components of the Commitment for Title Insurance

• Schedule A: Proposed Insured, Current Owner and Legal Description

• Schedule B-I: Requirements

• Schedule B-II: Exceptions

- Standard Exceptions

- Special Exceptions

• Changes to the New ALTA Title Commitment

Components of the Policy

• Covered Risks

• Conditions

• Exclusions

Loan Policy Endorsements Worthy of Consideration