Fund News and Alerts

The Sky’s the Limit with Cloud-Based E-Closing DT

On vacation? Working remotely? Meeting with a client? Access and manage files safely and securely from anywhere with Fund-friendly, cloud-based E-Closing DT! 

07/20/2022

FREE On-Demand Webinar: Avoiding Mortgage Payoff Fraud

Real estate practitioners face pronounced dangers due to cybercrime. Learn the nature and type of cybercrimes affecting Florida real estate closings; why mortgage payoff fraud is more pernicious than other types of cybercrimes, and steps the frontline practitioner can take to help reduce today’s threat vectors, including the implementation of new technologies, and the role of insurance. Watch Now

07/13/2022

Title Now Podcast: Homeowner Benefit Agreements

A new episode of Title Now is now available! Tune in to learn about a new title issue appearing in title searches.  These Agreements obligate an owner to pay a real estate commission, contain covenants running with the land, and potentially create a lien against the property that could be adverse to a buyer.  Don’t be caught off guard if one of these appears in your title search. 

07/07/2022

Avoiding Fraudulent Transactions: A Guide For Fund Members

The Florida real estate market has been very active for the last two years, spurred on by low interest rates on mortgages and a large influx of people relocating to the state. Unfortunately, with increasing land values and sales volume, it was inevitable that criminals have once again taken note of Florida’s prosperity and are attempting to steal as much as they can through fraudulent transactions. Read the article

07/01/2022

DoubleTime 9.2 Now Available

What’s new in DoubleTime 9.2? 

DoubleTime 9.2 includes Standard Commitment Clauses, ALTA 39, technical updates, and changes to the IRS 1099-S form.

Install DoubleTime^®9.2 to use new software features.

06/24/2022

Take a Look at E-Closing DT!

Check It Out! “New & Improved”

Reminder: Visit E-Closing’s Expo booth at Fund Assembly for a demo of E-Closing DT's new features and capabilities. See for yourself how much better and easier it is to use! 

Not joining us in Orlando? Sign up for an online Demo. 

See for Yourself!

 

06/14/2022

Stay Tuned, ALTA 2021 Policy Forms are Coming Soon

After many years of work and deliberation, on July 30, 2021, the American Land Title Association published new policy forms and endorsements with an effective date of July 1, 2021. The 2021 ALTA forms include a new Commitment, Loan Policy, Owner’s Policy, Short Form Loan Policy, and some of the endorsements. The 2021 ALTA forms have been submitted for review and approval with the Florida Office of Insurance Regulation (OIR). Approval of the new forms for use in Florida is anticipated sometime in the coming months. Read article

06/01/2022

“New & Improved” E-Closing DT: See for Yourself

Check it Out! E-Closing DT is now loaded with new features and capabilities that make this closing software even better and easier to use. 

 

05/18/2022

ALERT! FinCEN GTO Extended

A new Geographic Targeting Order (GTO) has been issued effective April 30, 2022 and ending on October 26, 2022.

View the New Geographic Targeting Order (GTO)

05/02/2022

Addressing Specific Title Objections Relating to Surveys and Tenants

Fund Members must address title objections from lenders, buyers, and even sellers. These parties have different stakes in the transaction, and their title objections will be reflective of their various interests. Contract provisions are also likely to dictate what is or is not objectionable, who may object, when objections and responses must be made, and by which party. When faced with title objections, discerning what can be modified or deleted is both science and art. This article focuses on two of the most common specific title objections, survey matters and tenants in possession, and offers step by step guidance for analyzing the merits of the objections and determining potential resolutions. Read the article 05/01/2022