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…
Insuring Short Sales – A Primer for Agents
It has been a little while since we have seen a default market, and if you are new to the industry, the idea of a default market may be foreign to you. With the federal foreclosure moratorium set to expire…
Architecting the Future of Home Buying
Similar to many founding stories, I started States Title in 2016 to make something easier. More specifically, to make it easier for people to buy a home. Today, we are a team of people who are building and using technology…
Handling Transactions with Sellers and Borrowers in Bankruptcy
COVID-19 has had an alarming effect on our country and on the world. The economic impact is likely to be felt for years to come. In uncertain economic times, bankruptcy filings often rise exponentially (think back to 2010). Many turn…
Effective and Safe Use of Powers of Attorney
Your customer’s loan was just approved for a refinance, but they must leave town for a family emergency. The loan lock will expire before their expected return date – what do you do? One of your office’s best customers brought…
The Basics of Encroachments and Easements
Uncovering and appropriately addressing easements and encroachments is a critical part of title insurance work. Prior to issuing a preliminary report, commitment or policy, a thorough title search typically reveals easements of record. Encroachments onto or from the subject property…
Things Are Not Always as They Appear
It is often said that the business of transacting real estate is exceedingly local in nature. And local customs and rules can be challenging for today’s multi-state agent. This article provides guidance and a dose of claims prevention insight with…
Time Is Money: One-Hour Underwriting Response
Time is a valuable resource to title insurance agents, and with mortgage rates remaining at historic lows, North American Title Insurance Company (NATIC) is on a mission to help independent title agents optimize their operations in the boom market. NATIC…
California Consumer Privacy Act Sets Gold Standard for Other States to Follow
California Consumer Privacy Act Sets Gold Standard for Other States to Follow In May 2018, Europe’s General Data Protection Regulation (GDPR), a measure intended to modernize laws that protect the personal information of consumers in Europe, went into effect. With…
Five Big Mistakes Agents Make that Lead to Claims
In a real estate transaction, the relationship between the title insurance agent and the title insurance underwriter exists long after a closing. Despite careful title review and underwriting, claims still arise on title policies that need attention and resolution. There…
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