Tag Archives: Pennsylvania Title Insurance

Help Wanted

Escrow Assistant Finance / Title job – Workway – Pittsburgh, PA | Indeed.com

Escrow professionals, are you looking for an opportunity to work with one of the leading title insurance companies in the nation? Let Workway open the door for you! We are a professional staffing firm, working with organizations across the country to place exceptional candidates. Since 2005, our primary staffing specialization has been in title and escrow, and we have great assignments for Escrow Assistants at numerous escrow and title companies, both large and small. You will assist with a variety of customer service and administrative duties related to escrow and title closings. Let one of our recruiters assist you in finding and preparing for interviews with our clients. Whether you are interested in a direct hire, temp-to-hire, or temporary position, Workway can help you to put your best foot forward. Contact us today!

Escrow Assistant Finance / Real Estate / Title job – Workway – Pittsburgh, PA | Indeed.com.

Title Insurance Issues

New paradigm for settlement when coverage is in doubt adopted in Pennsylvania – Lexology

The Pennsylvania Superior Court has adopted a new paradigm for determining whether a policyholder can require its insurer to fund a settlement made without the insurer’s consent when the insurer has reserved the right to deny coverage.

via New paradigm for settlement when coverage is in doubt adopted in Pennsylvania – Lexology.

Title Insurance Issues

Title Insurance Talk: mortgage broker advertises interest rates tied to affiliated title insurance

A friend showed me the mortgage rate section of the Tribune Review last weekend and pointed to a mortgage company listing that had asterisks next to a few interest rates. These asterisks pointed to a note that the rates were only available if the transaction was a purchase and the borrower used a particular title provider.

Clearly the mortgage broker sought to avoid Pennsylvania’s discounted refinance title premiums as part of this package deal. Only purchases transactions are eligible so there’s enough cash in the pot to subsidize the rates. The consumer appears to be getting a deal with the package.

What do you think about this offer? Is it a problem under RESPA or PA lending or insurance law?

I’ve pondered on it and I’m really not sure. It’s very much like the deals offered to buyers in construction transactions. You get the good price if you use the affiliate. If you don’t use the affiliate, you pay higher than market. As far as I could tell these interest rates weren’t especially low.

What’s also interesting is that I did some checking around and found that the mortgage broker is an attorney who is operating the title services business through the law firm and not as a title agent. He’s working under the approved attorney program. That means that TIRBOP r

via Title Insurance Talk: mortgage broker advertises interest rates tied to affiliated title insurance.