Title Issues for Lending Professionals
Find out what title insurance covers and how to combat common title issues.
Not having a solid understanding of the title can cause headaches for everyone involved in the title process. This topic offers insights into what the title insurance policy really covers. Get answers to some commonly asked questions, such as what should you be concerned about on Schedule A? What types of exceptions on Schedule B-II should you worry about? What is the difference between an owner’s policy and a loan policy? Come away with a better understanding of the most common title issues and ways to combat them in the future.
• You will be able to define Schedule A.
• You will be able to describe Schedule B-I.
• You will be able to explain Schedule B-II.
• You will be able to identify exclusions.