Join ALTA for Free Webinar on Three-Way Reconcilation
|March 20, 2012|
In an effort to provide members alternative methods of receiving information, ALTA is offering a free, monthly 30-minute webinar/conference call presentation titled Title Topics.
The next Title Topics webinar will be held at 1 p.m. ET, March 22, which will address the importance of using three-way reconciliation to balance escrow accounts. Brent Scheer, chief financial officer for Agents National Title Insurance Co., will share how to properly conduct three-way reconciliation and offer tips on proper escrow accounting.
To participate on the next call, you will need to log in by clicking here. Use participant code 7919162. The call-in number is 866-906-7277. The access code is 7919162. For more information, contact Jeremy Yohe, ALTA’s director of communications.
In case you missed February’s Title Topics webinar on Freddie Mac’s short sale affidavit, the presentation can be downloaded here. Bill Burding, executive vice president and general counsel of Orange Coast Title Family of Companies and an ALTA board member, reviewed Freddie’s short sale affidavit requirements, shared what the form says now, what to do when a servicer uses the wrong form and how to negotiate changes to ensure you are not taking on additional liability.
Here’s an example of a draft affidavit produced by Wells Fargo that is useful when comparing affidavits you receive from servicers.