what about these title agents who fail to issue policies, eh?

Hi Diane,
I came across your blog sometime last year and really enjoy reading it as it helps to understand what goes on in the world of title. I recently began job in the mortgage industry. This company grew fast and could not keep up the pace of processing the incoming final documents (recorded mortgage and title policy) so I was hired to get the company back on track. After clearing out

what about these title agents who fail to issue policies, eh?

Hi Diane,
I came across your blog sometime last year and really enjoy reading it as it helps to understand what goes on in the world of title. I recently began job in the mortgage industry. This company grew fast and could not keep up the pace of processing the incoming final documents (recorded mortgage and title policy) so I was hired to get the company back on track. After clearing out

query: I have been pre-approved and have received a Good Faith Estimate, does that mean I am approved?

No.  Receipt of the Good Faith Estimate is the first step in selecting a lender.  The question on the table right now is - are YOU satisfied with the terms offered by the mortgage lender?


Your job right now is to speak with a few lenders and compare Good Faith Estimates. Lenders cannot charge you for that pre-approval or Good Faith Estimate so move fast, make your decision -  choose a lender.

query: I have been pre-approved and have received a Good Faith Estimate, does that mean I am approved?

No.  Receipt of the Good Faith Estimate is the first step in selecting a lender.  The question on the table right now is - are YOU satisfied with the terms offered by the mortgage lender?


Your job right now is to speak with a few lenders and compare Good Faith Estimates. Lenders cannot charge you for that pre-approval or Good Faith Estimate so move fast, make your decision -  choose a lender.

on the PA Data Call

It just hit me.  The reason PLTA and members are outraged over the PA Data Call is that they don't keep good records.  DUH!  That means they don't keep track of cancelled transactions and that HAS to be why they aren't outraged about the loss of thousands and thousands of dollars.

HEY TITLE AGENTS!!! Start a spreadsheet for dead deals.  Live and learn, baby.  Start counting the thousands -

on the PA Data Call

It just hit me.  The reason PLTA and members are outraged over the PA Data Call is that they don't keep good records.  DUH!  That means they don't keep track of cancelled transactions and that HAS to be why they aren't outraged about the loss of thousands and thousands of dollars.

HEY TITLE AGENTS!!! Start a spreadsheet for dead deals.  Live and learn, baby.  Start counting the thousands -

wasted money and manhours

If PLTA and the various commenting members would get as outraged over wasted money and manhours spent processing cancelled title transactions as they got over the PA Data Call, we'd make some headway.

I'll likely go to my grave still wondering why our industry places little or no value on its prime work product.  I am proud of our work.  It has value.  I kills me to be forced to give it away in