The Industry's Future is being Shaped Now - Be Part of the Discussion
The way the industry operates is facing a tremendous sea change. From the handling of funds to the closing table, title professionals must keep abreast of how these changes will impact operations. With the CFPB promoting more transparency to the mortgage process and developing a new mortgage disclosure, another new HUD-1 will eventually be created. Also, regulators are focused on addressing defalcations and creating solutions to protect money held in escrow.
The general sessions at the 2012 Business Strategies Conference, which will be held March 25-27 at the Marriott Louisville in Louisville, Ky., will help you understand how to promote consumer shopping, explain title insurance in simple terms and find solutions to reduce fraud and escrow theft.
Register today, keep your company ahead of the curve and jockey past the competition.
Here's a look at the three general sessions:
Monday, March 26
Explaining a Policy So Grandma Understands
ALTA President Chris Abbinante, Fidelity National Title Group
ALTA policy forms have evolved tremendously over the years, and now provide unquestionably the best coverage ever available to purchasers of one-to-four family residential properties. But do you know what's actually being insured? Do you know how to explain the policy so that the consumers can understand what's covered and what's excluded? This is a must-attend general session for all title professionals as the industry embarks on a mission to explain what the industry does in a simple jargon-free manner.
Ready, Set . . . Engage! The Title Industry, CFPB and Consumers
Mary Schuster, RamQuest Software Inc. *
Alison Kaspar Gareffa, Kasparnet Inc. *
Wesley Lasseigne, Lenders Title Company *
Laura Gipe, Consumer Financial Protection Bureau *
The talk about consumer engagement is not just talk. Join ALTA RESPA Implementation Task Force members along with a representative from the Consumer Financial Protection Bureau (CFPB) for this panel discussion as we explore this emerging trend. Our panel of experts will discuss what the CFPB is doing to engage consumers and how, as title agents, you can become involved in the process and capitalize on this trend.
Tuesday, March 27
Fighting Fraud in the Current Market
Moderator: Jan Clark, Ernst Information Services
ALTA President-elect Frank Pellegrini, Prairie Title
Greg Teal, Ernst Information Services
Representative from large lender
Representative from federal agency
With regulators increasingly assigning liability for escrow theft, and putting regulations together that focus on solvency of agents and underwriters, it is important that this industry provide solutions, or they will be provided to us. Industry experts will discuss findings of a national survey examining the latest trends in mortgage fraud and escrow theft, what best practices companies follow to thwart fraud and what solutions the industry believes is the most viable to implement. Whether it's through CPLs, surety and fidelity bond coverage, standardized agent audits or removing escrow duties to a third party, it's important the industry find solutions and adopt a zero-tolerance for fraud. Be a part of the discussion and get the latest on what the industry is doing to combat mortgage fraud.
Click here to register.