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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.


July/August 2000 - Volume 79, Number 4

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Features

Predatory Lending Practices: Finding Solutions
by Elisabeth C. Zajic
Predatory lending practices are getting a lot of attention these days. It seems as if almost all the players in mortgage finance, from Fannie Mae and Freddie Mac on down, are beginning to scrutinize internal operations in terms of participation in making loans which may fall within the category of abusive loan practices.

The Three Biggest Technology Mistakes
by Valerie Link
As a computer trainer and all around geek I see it all the time - the starry-eyed look of longing, the clutching at glossy brochures of software companies that swear that they will solve all of your title problems. And then comes the reality check - along with the software check, the hardware check, the training check, the downtime check …

Recruiting and Retaining High Quality Staff
by David E. Poisson
Title companies — or any other employer, for that matter — face no greater challenge than finding and keeping good employees. The nation is in one of the tightest labor markets it has ever experienced — national unemployment is the lowest in 30 years, and total employment is expected to increase 14 percent in the next 10 years.

"FLIP!" Not Just Another 4-Letter Word -- Illegal Flip Real Estate Transactions
by Lynn W. Wilburn
In the last two or three years but especially within the last year, illegal flip real estate transactions (FLIPS) have virtually exploded in numbers around the country. Much of the credit for this proliferation in fraudulent transactions can be attributed to "Infomercials" on how to "buy real estate with no money." If you are an insomniac,
How Title Insurance Differs From Other Lines of Insurance
Since title insurance is an evidence-producing /loss- prevention line of insurance, its loss expense is less and its operating expense is greater than other property and casualty lines of business. Insurance expenses can be divided into two kinds: loss prevention/underwriting expenses and loss-related expenses.

 

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