By Lisa A. Tyler
National Escrow Administrator

The best thing about claims and losses is they offer a learning opportunity for others. Learning from other people's mistakes is so much better than learning hard lessons from your own mistakes. Take the time to read "WHAT not to do" to learn several lessons from another title company's mistakes in payoff processing.

Creative financing is back! Find out how home lending is changing in answer to the increasing interest rates offered by institutional lenders. Some of the terms discussed in this article have not been used in years, maybe even decades. Read about it in "SUBJECT to, assumptions and wrap-around mortgages." 

One of the most widely read editions of Fraud Insights this year was the March edition where we shared frequently asked questions from the Company's nationwide network of settlement agents and answers to those questions. As a result of the popularity of that story, we are running the story again with all new questions and all new answers. Be sure to read "Q&A with your escrow administrators" to discover the types of questions submitted to the national escrow administration team. 

Title companies are constantly scrambling to modify their internal security and controls and are on the lookout for new variations of fraud not seen before. One such attack is known as the "watering hole attack." The October 2021 issue of Fraud Insights contained the first article about this type of cybercrime. It continues to be a problem. For more information, read the article titled "WHAT'S next? watering hole attacks.''