Tag Archives: title insurance continuing education

Closing Protection Letters Are NOT Insurance Against Mortgage Fraud | Mortgage News | Daily National and State Headlines

Interesting Article from the Mortgage Professional website:

You are about to wire closing funds to the table, into the hands of a lawyer, title agent or escrow company employee you have never met before, but no worries because you have a Closing Protection Letter CPL right? Wrong.Take a good look at the language in this warranty letter. The majority of CPLs insure against two events: 1 Outright theft of the mortgage proceeds, and 2 Any other event that impairs the invalidity or unenforceability of the lien of the mortgage.

via Closing Protection Letters Are NOT Insurance Against Mortgage Fraud | Mortgage News | Daily National and State Headlines.

Danealle Marshall joins Cloudstar

Cloudstar, the leading provider of security, compliance, and cloud technology systems for the land title industry, is pleased to announce that Danealle Marshall has joined the organization as a Strategic Account Manager.  She brings with her 15 years of consulting, sales and training experience in the land title industry, delivering responsive service, industry expertise, and strong client advocacy.  Prior to joining Cloudstar, Danealle held positions with Digital Risk, Entrust Solutions, Land America, and other well-known industry players.

Cloudstar is very excited to have Danealle on board.  She is very passionate about our industry and serving the needs of title agents, said Gregory McDonald, CEO of Cloudstar.

As a second generation member of the title insurance industry, Danealle thrives on being a knowledge source to clients and colleagues and brings with her the ability to analyze, anticipate needs, and provide expert guidance on compliance and technology solutions for title agents and real estate professionals.

“I am grateful for the opportunity to contribute to the Cloudstar team as a catalyst for Change.  It is currently sink or swim for many title industry professionals, who need to quickly adopt technological solutions and industry best practices in order to stay afloat and compete in a heavily regulated marketplace,” Marshall states.

Danealle is actively engaged with multi-generational clients and colleagues and is a contributing member of real estate, mortgage and title industry associations.

Bankruptcy and Foreclosure Issues in Title

Register or Login to Enroll

Estimated Length: 3 hours
Cost: $55.00 (USD)
Credits: 3
Enrollment Valid For: 12 months

Description

If homeowners hold title to real property while under the protection of the Bankruptcy Court or are going through a foreclosure process and are looking to sell or refinance their property, certain underwriting requirements must be met in order to insure the transaction. This course discusses the issues surrounding bankruptcy and foreclosures and the relationship they have to title insurance