Upcoming Events and Webinars:
Stay tuned for more!
TILA-RESPA Integrated Mortgage Disclosure Rule Implementation. Together We're Prepared! (Click here for a copy of the seminar and associated training and reference documents)
Will you be ready for the changes by August 1, 2015?
In this seminar, Mike Aiken will conduct an interactive discussion explaining how the revised forms mandated by the Consumer Financial Protection Bureau (CFPB) will change business as usual for lenders, attorneys, and REALTORS®
Tuesday, July 22 at 10 a.m. - Loan Modifications and Your Title Policy
Presented by Frank L. Tortora III, Senior Title Officer, Investors Title Insurance Company
Webinar Summary: Loan modifications are an essential and valuable tool to assist both lenders and borrowers as they adjust to the numerous changes that could occur over time. Whether an additional influx of capital, or an extension of the repayment terms, a properly executed loan modification works as a way for the lender to retain priority while adjusting to the economic demands of the borrower. In this webinar we will review the lenders policy and focus on how a modification may negatively impact the lender’s priority and loan policy. Additionally, we will look at various endorsements which are available to alleviate this risk. Frank will allow time at the end of the presentation for Q&A.
About the Presenter: Frank Tortora joined the Corporate Legal and Underwriting Services Department of Investors Title in 2013. Prior to joining Investors Title, he was an associate at a firm in Raleigh, North Carolina where he practiced corporate, estate, residential, and commercial real estate law for six years. Mr. Tortora holds a Bachelor of Arts degree from the University of North Carolina at Chapel Hill and a Juris Doctor, cum laude from the Columbus School of Law at Catholic University of America in Washington, D.C.
Gain greater insights into why you should always recommend Owners Title Insurance to protect your clients.
Patricia Wolak with Investors Title Insurance Company will present our first in the 2014 complimentary webinar series. She will share the importance of borrowers obtaining an Owners Title Policy.
Patricia Wolak was born in Milwaukee, Wisconsin. Before joining ITIC she worked for various mortgage companies. In 1977, she began with Investors Title Agencies as a branch manager and in 1988 took the new position of Manager of Agency Operations for eleven North Carolina locations. In 1992 she served as Vice President of Underwriting Operations, supervising twenty-one North Carolina branch offices with approximately one hundred employees, all processing title insurance policies totaling over $9,000,000.00 in 1993. In the mid 1990's, Patricia supervised the Underwriting Support Unit that supports the Company's entire agency system. In 2001 Patricia was promoted to Senior Vice President of National Markets and oversees the Company's agent program in many states. Patricia is also a certified CE instructor for the state of Virginia and holds title licenses for many states.
Witness Closing Webinar held on February 20, 2014
Facilitated by Brandy Wimer, Settlement Services Manager, Virginia Title Center
Click HERE to replay this webinar.
Click HERE to view presentation materials.
This webinar provided participants with a working knowledge of the rules and logistics of like-kind exchange transactions, including recognizing what transactions might qualify, paper trail requirements, the role of the qualified intermediary, constructive receipt rules, identification rules, red flags to look for and more! Because people are finally starting to sell property at a profit, once again, and due to higher tax rates that might result, there is a growing need to become familiar, once again, with this beneficial transaction.
Presented by Carol Hayden, Executive Vice President - Investors Title Exchange Corporation. Carol is a Title Attorney in the Commercial Services Division, and serves as 1031 Exchange Counsel.
Carol grew up in Raleigh, North Carolina. She received a music degree from Temple University, and her Juris Doctor from North Carolina Central University. She has worked in the title insurance industry since 1993. Her experience in the industry includes residential and commercial real estate underwriting, facilitating like-kind exchange transactions, and claims administration. Carol has contributed to North Carolina Lawyers Weekly and has conducted numerous seminars for attorneys, realtors, and CPAs. Carol joined Investors Title in 1997, where she now serves as Executive Vice President of Investors Title Exchange Corporation (ITEC), and as Claims Counsel for Investors Title Insurance Company (ITIC). Carol is a member of the tax and real property sections of the North Carolina Bar Association. She is also a member of the Federation of Exchange Accommodators (FEA), Triangle Commercial Real Estate Women (TCREW), Wake County Real Property Lawyers Association (WCRPLA), and serves on the Board of Directors for the TCF Real Estate Foundation, a non-profit organization.
SEPTEMBER 24, 2013 WEBINAR: Managing and Assessing Environmental Risk Associated with Real Property Used as Collateral
For lending institutions, environmental risk is an important consideration in evaluating overall credit risk. Environmental issues can (among other concerns) impact borrower financial stability, limit property use and development, disrupt site access, create bodily and property injury liability associated with the collateral or other properties, and damage a bank's reputation, brand and image.
There are ways banks can assess and limit exposure to environmental risk associated with collateral, including proper site assessment, lender liability protections and programs, and contractual agreements.
With experience in all aspects of environmental law, Lynne Rhode can help you or your business work through all issues relating to the environment. She can help you comply with federal and state regulations and guide you through the permitting process. She has worked on projects related to brownfields redevelopment, water development, and alternative and renewable energy. She has also worked on issues regarding waste management issues, all appropriate inquiry in real estate transactions, and environmental litigation. Lynne also has experience in general complex litigation, energy, local government and land use, government affairs, and animal law matters.
Lynne has been recognized for her accomplishments in her environmental law practice by several publications. She has been named a Virginia Leading Lawyer in Environmental Law by Chambers USA and a Virginia "Rising Star" in Environmental & Natural Resources by Virginia Super Lawyers. She was also given the 2009 James C. Roberts Outstanding Achievement in Pro Bono Award. In 2011, she served on the Department of Environmental Quality's Combustion Regulatory Advisory Panel.
Lynne received an M.S. from The London School of Economics, her J.D. from the University of Virginia, and her B.A. from the University of North Carolina.
How to Read Them, Understand the Requirements, Exceptions, Exclusions and Identify Potential Red Flags
Have you been seeking clarity as to what is disclosed in a title insurance commitment? Ever come across an exception on a title commitment and weren't sure exactly what it meant? Wonder if an exception will jeopardize your title coverage?
A title commitment and policy may be one of the most important, yet most misunderstood documents in the real estate transaction. A few minutes reviewing the commitment is one of the best ways to prepare the way for a smooth transaction at the closing table.
Presented by David S. Florio, Training Director at Investors Title Insurance Company.
A Little Background on David Florio
As the current Training Director at Investors Title, David manages training programs designed to educate real estate professionals on the purpose of title insurance and its role in a real estate transaction, policy forms and available coverages, and underwriting practices used to provide insureds with the best possible title insurance coverage. David delivers training courses that range from introductory topics relating to title insurance and underwriting to commercial underwriting certification courses to educational seminars for real estate partners.
David has held a variety of positions during his 14 year career with Investors Title. As an Underwriting Support Representative, he supported the issuing offices in the entire Investors Title footprint by fielding high volumes of underwriting and risk related questions and by providing solutions for resolving title issues to ensure smooth real estate closings. As Underwriting Auditor for the Company, David reviewed the practices of title agencies to ensure that policies and guidelines were properly implemented. And as an Operations Representative in numerous states, David managed the day-to-day operations of several agencies.
David graduated from Adelphi University with a Bachelor's Degree in History and is a Licensed Title Insurance Underwriter.
HEALTH CARE REFORM FREE WEBINAR - July 17, 2013
Update on Changes and Impact to Small Businesses, Their Employees and Families
John Snead, Director, Sales and Marketing at VBA Benefits Corporation moderated this webinar. Download John's Presentation via the following link: Health Care Reform Update_7_13.
It's not news to any of us that one of the biggest challenges facing your small business clients is the volatility facing the health care industry and its resulting impact on employers.
This webinar provided an excellent opportunity to learn more about the key provisions and changes that are planned over the next 12 months and what it means for your clients, their employees and families.
A Little Background on John Snead
In John's current role at the Virginia Bankers Association he is responsible for marketing all employee benefit programs and services provided by the VBA Benefits Corporation.
Prior to joining the Virginia Bankers Association, John worked for Willis of Virginia as an Employee Benefits Sales Executive and for Genworth Financial as a Sales Analyst. His key responsibilities at Willis were to ensure that company's benefit programs were current, competitive, and in compliance with all legal requirements. He analyzed statistical data and reports to identify and determine causes of healthcare cost drivers. At Genworth, he organized qualitative information and data to identify sales strategies for the Group Long Term Care market.
John graduated from James Madison University (JMU) with both his Bachelor's and Master's in Business Administration. He also holds a Virginia Life and Health Insurance License.
View Jack Konyk's PowerPoint presentation here: June 4 2013 Dodd Frank Webinar -- Gain insights into the impact of Dodd-Frank on Real Estate Lending
Do the ever changing regulations have your head spinning? If so, then this webinar will be time well spent for you!
The recently finalized rules under Dodd-Frank pose incredible risk and complexity for the real estate lending industry. Jack Konyk, a prominent voice for the industry with legislators and regulators at all levels of government, will lead a discussion during this June 4th FREE webinar beginning at 2 p.m.
Jack is a well respected expert on Dodd-Frank issues that impact real estate lending. Not only is he knowledgeable about the issues and what lenders need to do to prepare, he's also plugged into some great circles politically. He will be able to provide insight as to what's moving or not in Washington as it relates to mortgage reform and the key issues for the industry.