Learntitle is expanding to more states. As of today, Learntitle has two courses approved in Alabama:
The Closing is Over but What About the Post Closing
and
ALTA Best Practices
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The Closing is Over but What About the Post Closing
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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
- Fiduciary Responsibility / Commitments
- Disbursements
- Risk Factors
What Is Post-Closing?
- Recordings
- Money
- Lien Release and Trustee Services
- Original Documents
- Culture – the details
Recording – Priority
- Importance of Immediate Recordation
- Compliance
- Policy Liability / Gap
- Customer Satisfaction
- Underwriter Relationship
- Minimize Title Liability
- Supports prompt funding
- What is E-Recording? How does it help?
Follow the Money
- Payoffs
- Insurance, Taxes, High Risk Items
- Good Funds vs. Collected Funds
Reconciliation
- 3 way reconciliation
- Consumer funds
- Balance in Files
- Fraud
- Security
- Escheat
- Protecting consumer funds
Lien Release Tracking
- Have a process
- Follow through
- What to do when you can’t wrap it up
Outsourcing
- How does it all work?
- Curative
- Settlement
The Challenge of Change
- Getting Staff buy in
- Creating a culture that supports thorough post-closing processes
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
|
Stephanie Fullerton of Streamline Consulting discusses the 7 Pillars of ALTA Best Practices. Not only is each Best Practice defined but an explanation is included that gives the reasoning behind it. Steps for implementation and the cerification process are also discussed. Below is a brief outline.
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- Overview
- ALTA
- 7 Best Practices of Best Practices
Best Practice #1
- Best Practice 1: Licensing
- ALTA’s Policy Forms Licensing Requirement
Best Practice #2
- Best Practice #2: Escrow Trust Accounting
- Best Practice #2: Steps to Compliance
Best Practice #3
- Best Practice #3: Protecting NPI
- Best Practice #3: Steps to Compliance
Best Practice #4
- Best Practice #4: Settlement Processes
- Best Practice #4: Recording Procedures
- Best Practice # 4:Pricing Procedure
Best Practice #5
- Best Practice #5: Policy Production
Best Practice #6
- Best Practice #6: Insurance Coverage
Best Practice #7
- Best Practice #7: Consumer Complaints
Implementing
- Implementing
Assessment
- Assessment Procedures
- Assessment Preparation Workbook
Certification
- Certification Package
- Certification Package Part 1
- Certification Package: Part 2
Conclusion
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Streamline Consulting, LLC was founded in 2004, born naturally, based on the experience of its founders and a need within the industry for bridging gaps between software and title and insurance functionality. Streamline became an effective, non-biased and neutral third-party, to help make decisions, implement policies and procedures and in utilizing production software to its fullest capacity; all of which needed to be specific to the individual/respective organization.
We take the human resource and the title/escrow capabilities contained within client offices and apply them to the software to bring out the greatest utility in both. Streamline Consulting has team members and resources that focus on documents, reporting, system setup, project management solutions, data conversions, remote or on-site training and implementations, as needed. We function as the main software administrator for many of our clients, by working hand in hand with the client and applying workflow goals and management parameters to customize the software to meet your needs. Communication is not limited to just management. By sitting with client staff, we draw out the reality about how they actually spend their time, what applications they are using, how they use the production software and also work around inefficiencies.
This full bodied engagement is not necessary for everyone. Streamline is also equipped to work with clients on individual projects on an as needed basis. In addition to these professional capabilities, Streamline team members genuinely enjoy taking part in adding value to the client organization which is why we consider ourselves to be your Value Added Partner. We believe every company deserves the opportunity to shine regardless of its size and that in order to be successful, you must empower those around you to be the same. Streamline prides itself on providing innovative solutions, alternatives and opportunities for real estate title insurance companies nationally.