Start building your compliance fortress

Buzzwords like lender liability and agent vetting have become mainstays in the title industry vocabulary over the last several months as a result of the increased scrutiny lenders are facing for the actions of their service providers. Agents have been looking to assure lenders they chose the right title and settlement service provider for the job. This can manifest itself in many ways, and agents may feel overwhelmed by what seems like a great deal of additional work with little guidance as to how to proceed. During a recent October Research webinar, Title Liability Issues: Creating a Protective Fortress, several industry experts tackled this issue head on, looking at how this additional liability came about, what steps agents can take to address this issue, and how to get started on those action steps.