by | Jun 13, 2017 | Abstracting/Searching, Closing, Education, Government Oversite, Licensing, Public Records, Title Insurance
Real estate agents, abstracters, closing agents and brokers are reminded that they must renew their licenses on or before June 30th. So please check your license for renewals. Information from the Commerce Department on MN state licensing can be found here....
by | Jun 13, 2017 | Closing, Government Oversite, Identity Theft, Industry News, Land Title Technical Stuff, mortgage, Title Insurance, Title Technology
On June 7th, the OCC added bulletin 29 to third-party relationships to clarify the way lenders should interact with third party vendors, to us, that means how lenders deal title and closing providers. Get the entire OCC bulletin here . As a part of the lengthy...
by | Jun 11, 2017 | Abstracting/Searching, Chicago Title, Closing, Industry News, Quality, Real Estate Law, Title Insurance, Title Insurance Lawsuits
A Connecticut title agent was held liable for $77,500 that was paid by a Title Underwriter to clear title to property it insured, as well as more than $20,000 in compensatory damages for fees and expenses incurred in negotiating the settlement. The case showcased...
by | Jun 11, 2017 | CFPB, Closing, Education, Fraud, Industry News
The Consumer Financial Protection Bureau (CFPB) released a complaint report highlighting complaints submitted by older consumers. The snapshot shows that older consumers frequently report servicing problems with reverse mortgages, difficulties recovering money after...
by | Jun 5, 2017 | Closing, Education, Just for Fun, Licensing
Check your closing agent license for your renewal date! Licenses are good for two years and must be renewed by June 30th of the second year after your license is issued. If you miss the cutoff, you will be required to retake the Closing Agent Prelicense course, pay...
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