Agents Urged to Follow Good-Funds Policy

September 17, 2009

The subprime implosion two years ago forced title agents to go on high alert to follow a good-funds policy and make sure funds are in hand before disbursing. Several states have taken notice as well, crafting legislation over the past year modifying how funds are handled at the closing table.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.