Join us for an essential discussion on the challenges facing the title insurance industry in the wake of recent developments, from the introduction of Attorney Opinion Letters in Fannie Mae’s 2022 “Selling Guide” to the Title Insurance Waiver Pilot Program and President Biden’s 2024 State of the Union Address.
In this video, four of Security Title’s top legal experts—John Kosogof, Bill Slover, Vince Danzi, and Doreen Strothman—tackle the critical questions surrounding title insurance. We examine why title insurance has been unfairly categorized as a “junk fee,” explore the industry’s position on defending itself, and discuss what every consumer needs to know about alternatives like Attorney Opinion Letters and the Title Acceptance Pilot.
Key Topics:
What defines a “junk fee,” and does title insurance fall into this category?
The importance of understanding why comparing title insurance claims data to incidental insurance is misleading. The hidden costs and value of title insurance, often overlooked in public discourse.
A breakdown of how Attorney Opinion Letters and the Title Acceptance Pilot compare to traditional title insurance.
After Watching…
Title insurance professionals will more effectively educate consumers and counteract the biases that paint title insurance as a scam. This video is a must-watch for anyone in the industry looking to stay informed and for consumers seeking clarity in a complex market.