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Five Common Underwriting Questions

Fund underwriting attorneys respond to thousands of calls and emails every year. The following five questions are among the most common questions received during the past year.
 

  1. Why does the commitment call for a trustee of a trust to convey as trustee and individually?
  2. May I use this power of attorney for my closing?
  3. What do I do when the owner tells me that a mortgage shown as a requirement to be satisfied on the commitment has been paid off?
  4. Can I use a prior policy to waive commitment requirements?
  5. Is the policy endorsement that the lender is requesting available in Florida?

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Also Included In This Month's Issue:

  • Case Reviews
  • FinCEN GTO
  • Clause Changes
  • The Dividing Line Part II & III Webinars
  • Changes With The New FR/Bar 6
  • Regulatory Compliance Corner
  • Key Cybersecurity Take-Aways
  • Meet Your Underwriter
 

Written by attorneys for attorneys. 

Stay current on the latest developments in real estate law and the title industry.

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12/01/2021