Tag Archives: title insurance

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.

Mortgage Issues in Title – 2 credits

 

Open
OPEN
Estimated Length: 2 hours
Cost: $45.00 (USD)
Credits: 2
Enrollment Valid For: 12 months

Description

2 Credits.

The major lien disclosed on the county level is a mortgage. A mortgage is a limited conveyance of real property, the purpose of which is to create a security interest for an underlying debt, usually a mortgage note. Understanding the mortgage, how it is recorded, and how to remove it from the record is a core understanding of the Title Insurance industry.

The Course covers:

  • Mortgage Basics
  • Recording Requirements
  • Descriptions
  • Types of Mortgages
  • Reverse Mortgages
  • Construction Loans
  • MERS
  • Getting Mortgages off Record
  • Mortgage Payoffs
  • Policies
  • Endorsements
  • Mortgage Modifications
  • Notices of Settlement
  • Subordinations
  • Closing out Lines of Credit

Objectives

Upon completion of this course the learner will be able to

  • Describe how to record a mortgage
  • List the types of Mortgages
  • Get a Mortgage off Record
  • Identify Mortgage Policies
  • Identify Mortgage Endorsements
  • Complete a Notice of Settlemenmt