Title Industry Centralization: Is It the Future?

The recent announcement that First American Title Insurance Company and Lender Processing Services  have reached an agreement to develop and implement a managed title and closing services platform should not surprise anyone. ...

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The Insured Closing Letter is Obsolete!

A recent panel on fraud issues included a healthy debate about the extent to which a lender can rely on the insured closing letter as a means to offset risk at the closing table. Advocates felt that ALTA’s best practice...

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FBI Fraud Alert for Lenders on Wire Fraud Scams

Wells Fargo Bank and the Federal Bureau of Investigation (FBI) recently issued separate alerts throughout the industry regarding settlement agent wire fraud.  The reports, circulated in September, provided details of a...

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