Good question. If by title company you mean a title agency, the title agency is the agent for the title company/underwriter.
Title insurance companies/underwriters and their title agents have a fiduciary duty to the mortgage lender and so they do or should be keeping their eyes open for fraud and error. If the mortgage lender has requested coverage under a closing services/protection letter
Wednesday, March 31, 2010
query: is the title company the agent of the lender
Good question. If by title company you mean a title agency, the title agency is the agent for the title company/underwriter.
Title insurance companies/underwriters and their title agents have a fiduciary duty to the mortgage lender and so they do or should be keeping their eyes open for fraud and error. If the mortgage lender has requested coverage under a closing services/protection letter
Title insurance companies/underwriters and their title agents have a fiduciary duty to the mortgage lender and so they do or should be keeping their eyes open for fraud and error. If the mortgage lender has requested coverage under a closing services/protection letter
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