I recently participated in a webinar focusing on businesses and financial institutions who frequently buy and sell properties or make loans taking property as collateral. We discussed emerging issues in the world of title insurance, including recent interpretations of key terms and conditions in standard form lender’s policies, expanded indemnity due under closing protection letters and other developments. In this webinar, we also discussed ways in which insured owners and lenders can implement effective strategies for identifying potential triggers to coverage and how to handle the claims process.
Bradley Arant’s Financial Services group represents mortgage lenders and servicers in pursuit of losses based on title defect and closing errors including dishonesty and fraud. As part of this representation, we stay current on developing coverage and indemnity issues and provides counsel, negotiation and litigation services designed to “close the gap” between mortgagees and their property and collateral rights.
I am pleased to share the webinar recording and slides, which provides a general update on developing trends with a particular focus on indemnity due pursuant to closing protection letters.
View the presentation slides of the “Fill the Gap Between You and Your Property Rights – Emerging Issues in Title Insurance” webinar.