Mortgage Secrets: Deed vs. Title Explained Simply #shorts
When getting a mortgage, you receive a deed, not a title. You're also given title insurance and a title search. In this civil relationship, the bank acts as your administrator, not your beneficiary. #MortgageTips #RealEstate #TitleInsurance #Homeownership #Finance from Mamlakak Broadcast Network
Virginia's Insurance Commissioner Warns About Potential Risks of AOLs in Place of Title Insurance
Scott White, Virginia's Insurance Commissioner, has issued an important warning regarding Attorney Opinion Letters (AOLs) and their role in the state's title insurance industry. In a letter distributed to title insurance companies, agents, and entities, White outlines concerns that certain AOL produ... [More info]
Starting October 1, 2024, title insurance regulations change dramatically in New York State.
Suffice to say, if you are involved in a residential real estate transaction, please be patient while the industry adapts.
https://www.lilanduseandzoning.com/2024/09/06/a-title-change-is-gonna-come/
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