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Doma Academy Blog

Industry news and trends, underwriting concerns and helpful tips for title professionals

RON: Title’s Fraud-Fighting Tool

Remote online notarization (RON) has emerged as a vital technological innovation, especially in the digital age where convenience and security are paramount. The traditional notarization process, which requires physical presence, has long been susceptible to various forms of fraud, including…

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Counsel's Corner
Lony-Ann Sheehan

Tackling Tricky Condo/HOA Title Issues

According to the Foundation for Community Association Research, more than 74 million Americans currently reside in communities organized under homeowners’ and condominium associations, cooperatives or other planned residential developments. The popularity of these types of communities is expected to grow…

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Operations Insight
Amy Tankersley

You’ve Been Hit By a Wire Fraud Scam: Now What?

You’ve attended several industry seminars to learn about cybersecurity and wire fraud. You’ve implemented strict controls over your company’s email and information technology (IT) systems. You’ve trained your staff and customers on the red flags of business email compromise (BEC)…

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Counsel's Corner
Steven Presley

Mortgage Payoff Pitfalls: 7 Ways to Fight Fraud

In the title insurance and settlement industry, many agents are targeted by fraudsters who attempt to divert proceeds intended to satisfy open mortgages when a payoff letter is requested. In addition to preventing fraud, agents must also remember several nuances…

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Counsel's Corner
Doma Title Insurance

Foreclosures – Four Fast Facts

You may be hearing the word “foreclosure” a lot these days. According to Black Knight, January 2022 saw an alarming 700-percent year-over-year increase in foreclosure starts, and so far this year, rates are continuing to rise month over month. These…

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Counsel's Corner
Danielle Kaiser

Digital Closings in an Amazon World

How often do you order something from Amazon? Weekly, daily, hourly? Are you more likely to order something from a department store’s website, or drive to the department store and look for the item in person? Do you use a…

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Counsel's Corner
James Rogers

Environmental Endorsements

How many times have you issued the ALTA 8.1 or ALTA 8.2 Environmental Protection Lien (EPL) endorsement and thought about what coverage the endorsement provides? Chances are you have issued some form of these endorsements with almost every loan policy…

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Counsel's Corner
Gytis Nefas

Insuring Religious Entities

Singer Katy Perry thought she had a deal with the Catholic Church to buy a residence in Los Angeles, which was formerly used as a convent by the Sisters of the Immaculate Heart of Mary. The villa style compound on…

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Counsel's Corner
Philip Holtsberg

ALTA 2021 Forms – Changes Afoot

During July 2021, ALTA officially released the first comprehensive set of revisions to its entire suite of commitments, policies and endorsements since 2006. This article provides an overview of the most noteworthy changes and impacts the revised forms will have…

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Counsel's Corner
Sara Valenz

How do the Pieces of the Wholesale Puzzle Fit?

Reality TV is filled with flips, renovations and fabulous rehabilitated properties. Whether they are being updated for the current owner or as an investment and later re-sold, one real estate reality show I haven’t seen involves wholesale transactions. Most people…

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Counsel's Corner
G. Leigh Curry

Dazed and Confused – Title Insurance and Marijuana

For over 50 years, cannabis has been illegal under federal law. However, starting in 1996, states began to legalize cannabis for medical and recreational purposes. With diametrically opposed laws existing between state governments and the federal government, it is easy…

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Operations Insight
Amy Tankersley

When Disaster Strikes, Will You Be Prepared?

In late August 2017, Hurricane Harvey, a Category 4 hurricane, hit the Southern Coast of Texas, punishing Houston and the surrounding areas with harsh winds and up to 40 inches of rain. By the time Harvey finally dissipated around Labor…

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