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[+] Abstract Settlement - No pay - Terri Hoops/PA (6 replies)
5/17/2019 8:22:09 AM (974 views)

[+] Beware Fraudulent Activities - David King/VA (12 replies)
5/14/2019 3:27:32 PM (1367 views)

[-] Comment on "WFG Lender Services Announces "Five-Second" Title Report" - Source of Title/OH (4 replies)
5/14/2019 1:23:02 PM (1069 views)
Wait. What? - F P/VA
5/14/2019 1:23:02 PM (1544 views)
Re: Comment on "WFG Lender Services Announces "Five-Second" Title Report" - Jay Duncan/MO
5/16/2019 9:06:50 AM (1546 views)
Five-Second" Title Report is Possible - Bobbi Shorthouse, Notary Public/CT
5/16/2019 9:41:04 AM (1425 views)

I remember many years ago the law firm I was with had almost all our residential purchase clients happily come in bringing their "same day mortgage commitment" from a large state-wide bank - ready to close on their new home ASAP; schedule our closing now please.  For almost two years, his bank cornered the residential mortgage market  with it's "same day commitment," other banks couldn't or wouldn't compete with that.

 (With a smile) Then I read the second to the last page (not the page they signed, rather the page they didn't read) to the borrowers, it contained the "subject to" paragraph.  The "written commitment" was subject to an appraisal, subject to a lender's title insurance policy commitment, subject to verification of employment, etc.  What we in the industry started calling the "un-commitment."

So I see a 5-second title report as a possibility, with a one-page attachment that includes a standard list of "subject to," such as verification that there are no outstanding tax, sewer, water, judgment and other liens.

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Re: Comment on "WFG Lender Services Announces "Five-Second" Title Report" - george Hubka/MI
5/20/2019 6:25:40 PM (1235 views)

[+] Fee Schedule Updates - Lisa Blankenship/SC (5 replies)
5/9/2019 12:45:43 PM (1474 views)

[+] Interesting Article but... - Jay Duncan/MO (7 replies)
5/2/2019 2:50:30 PM (1803 views)

Real Title Services
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[+] Retainer? - Shannon Budziak/VT (7 replies)
4/29/2019 3:38:36 PM (1078 views)

[+] Anyone know of this company - Karen Knuth/NY (4 replies)
4/26/2019 5:54:26 PM (2059 views)

[+] Abstracting Software - Wendi See/SC (12 replies)
4/23/2019 2:16:48 PM (1816 views)

[+] NO PAYMENT - Sara Tressler/PA (2 replies)
4/23/2019 12:15:55 PM (1581 views)

NO PAYMENT - Sara Tressler/PA
4/22/2019 5:03:28 PM (1202 views)

[+] NationalLink LP - Michael Vernon/AZ (5 replies)
4/19/2019 4:50:49 PM (2007 views)

[+] Southern Land and Title - Diane Sherrill/SC (13 replies)
4/15/2019 8:50:18 PM (1803 views)

4/15/2019 9:05:14 AM (1898 views)

[+] Blue Streak Docs - Diane Sherrill/SC (19 replies)
4/14/2019 10:16:20 PM (2008 views)

[+] Title Wave - Diane Sherrill/SC (21 replies)
4/12/2019 12:05:20 PM (1905 views)

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