Webinar: Title Insurance Policies, Commitments & the New ALTA Endorsement
Professionals who deal with real estate loans must have a thorough understanding of title insurance policies and commitments. This webinar will focus on the proper use of title insurance policies and commitments, including insuring provisions, exclusions from coverage, precedent conditions and stipulations, and endorsements. Each part of the ALTA standard form policy and commitment will be examined, and the new ALTA endorsement adopted in April 2012 will be reviewed. After this webinar, you'll be able to confidently handle the next title insurance issue that arises in your credit union.
About This Session:
This webinar will cover the following topics:
- Key elements of the loan title commitment and policy
- How to recognize problems in the loan title commitment
- Standard loan title policy coverages and extended coverages
- Standard title policy exceptions and special exceptions
- Different types of endorsements and what they cover
- Review of the new ALTA endorsement
Who Should Participate:
Loan officers, loan operations personnel, managers, auditors, compliance officers and other credit union personnel who deal with title policies and commitments.
About the Presenter:
Elizabeth Fast, JD & CPA, Spencer Fane Britt & Browne LLP
Elizabeth Fast, Esq., is a partner with Spencer Fane Britt & Browne LLP, where she specializes in the representation of financial institutions and acts as head of the firm's training division. Before joining Spencer Fane, she was General Counsel, SVP and Corporate Secretary of a $9-billion bank with more than 130 branches, where she managed all legal, regulatory and compliance functions. Fast is a member of the Missouri State Banking Board by appointment of the governor.