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Diane Cipa

96 pages….enjoy

by Diane Cipa Mortgage News

RESPA

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I sat and listened to a customer cry in exasperation yesterday

by Diane Cipa Mortgage News

and as she said these words, I thought, “Wow, we are healing indeed.” What words do you think she uttered? Well, old mortgage lenders will smile when I say…..
“What more do they want, my burial plot?”
It’s in the same vein as “What more do they want, my underwear?”
You see, in the old days, the pre-subprime [...]

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I am an anti-tagite.

by Diane Cipa Mortgage News

What the hey? You say?
Got an e-mail from Ed Rybczynski on the subject of my new “hyper-localized” blog [love that phrase...LOL], Ligonier Living. He asked if I would be using tags? I said, “No, I’m an anti-tagite.”……and immediately thought, hey that’s a good post for Lenderama, yuk-yuk.
Seriously, I didn’t tag the posts. I never [...]

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I received a query today on Title Insurance Talk that I’d like to share here.

by Diane Cipa Mortgage News

First, I guess I need to explain how I run the Title Insurance Talk blog. It’s always been a consumer facing blog, meant to help the general public understand title insurance. Early on I noticed that search engine hits were usually in the form of a question, so I decided to just start answering their [...]

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using the Google gadget

by Diane Cipa Mortgage News

I love my iGoogle homepage.  I keep it simple - Gmail, weather, calendar, on-line title order e-commerce feed, that’s it - very Feng Shui and uncluttered.
As I sat and pondered while gazing upon that page, I thought what a great place to have an ad, and so, I created a Google gadget called The Closing [...]

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not wanting to take anything away from Mike’s wonderful pictorial but here’s an alert

by Diane Cipa Mortgage News

We had a near miss in title today and if it’s happening here, it’s got to be happening everywhere.
THE PROBLEM The Sheriff’s office is so overwhelmed with foreclosure volume that they can’t provide data to the Prothonotary as quickly as usual and so YOU CANNOT RELY UPON A CURRENT SEARCH OF THE [...]

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This is a question I’ve got to ask the lending community.

by Diane Cipa Mortgage News

When did you all decide it was OKAY to send a notary signing agent to the borrower in lieu of a mortgage originator?
Take a lesson from the title world. It ain’t a good idea.
These so-called “RESPA signings” fly under the radar of licensing and regulators and outside of the normal scope of reps and [...]

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the state of title insurance in our modern world

by Diane Cipa Mortgage News

Forsaking human expertise in the quest for economic rationality and automation, the big title companies lead the march into real estate idiocracy.
I am not a technophobe nor am I a technoholic. I use technology as a tool. I use a lot of technology in my office. We’re more hip than most in our market BUT [...]

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this just in on Countrywide closing instructions…..

by Diane Cipa Mortgage News

Countrywide wholesale closing protocol is morphing and changing.  We’re keeping our eyes open and trying to keep up.
Just this week we had to reprint a couple of Closing Services Letters because the fonts for the fill-in fields were different than the body of the letter.  That kinda stymied me but I’m going along to get [...]

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micromanaging the Goof (sorry, Good) Faith Estimate and the final HUD-1

by Diane Cipa Mortgage News

I work with a terrific top producer who used to drive me mad. After a few years of everyone around him wanting to kill him, he finally gave up on his compulsion to micromanage the final HUD-1.
Every good mortgage transaction starts with a solid Good Faith Estimate. A great loan officer knows the market [...]

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measuring spew

by Diane Cipa Mortgage News

Alright, now I KNOW I’m gonna get kicked off the Lenderama contributor panel.
Brian Brady started it!! I was just minding my own business surfing around the blogosphere reading here and there when this phrase captured my attention:
“Critics have called my strategy “puking all over the internet” (but placed my results in the top 20 of [...]

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title insurance is the talk of the town

by Diane Cipa Mortgage News

Major media turned their eyes to the business of title insurance this week. It started with two articles and one blog post in the LA Times over the weekend followed by the news of a class action suit in New York which everybody picked up. I love the press and for those who [...]

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How do you deliver rate information to Realtors and consumers?

by Diane Cipa Mortgage News

Brian Brady recently said he uses Twitter and that got me thinking. How are you delivering rate info? Do you still fax or hand carry rate sheets or do you have rates on a blog?
I’ve been trying to think of some useful way to incorporate Twitter into title insurance but so far, [...]

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heads up RESPA reform is out of the gate

by Diane Cipa Mortgage News

OMB is releasing the proposed reform to our lawmakers for a 15 day reading time then we’ll get to see it in the Federal Register.
People who say they know, say, the proposal will contain a 4 page GFE and a matching HUD. There is apparently a place on the HUD-1 in which the closer [...]

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I’m playing around with another blog.

by Diane Cipa Mortgage News

Yes, I know. I am an addict. My name is Diane and I am a blogoholic.
Wine Dog over at Pink Bunny Ears said in a comment recently that Statcounter was the crack. I think she meant it was the crack through which you can see who is visiting your site, but I [...]

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hey don’t leave your title or escrow agent out of the short sale loop

by Diane Cipa Mortgage News

You can’t believe how many transactions wind up up on our doorstep with a short sale already approved by the lender and NO one has a HUD-1 drawn with full facts. Heck!
These transactions are always fast track and some loss mitigation departments don’t move that quickly, so…….
PALEEESE remember to get the title and lien [...]

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last week I blew my blog brains out

by Diane Cipa Mortgage News

After writing religously and passionately for about 15 months solid on Radical Title Talk, last weekend, here on Lenderama, I knelt down on my knees and cried to the heavens - when and how was this ever going to stop? Well - it was something like that or as close as you can get in [...]

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well here’s a marketing ploy I never pondered

by Diane Cipa Mortgage News

Yesterday I started getting Google alerts from newspapers all over the world touting an amazing new development in on-line title insurance. Someone was giving real time quotes and taking orders on-line. Holy Moly.
Oh ma gad!!…and I thought what the heh???
I’ve been doing this on-line stuff for a long time and so have lots [...]

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blogging and anger

by Diane Cipa Mortgage News

My entree into the blogosphere was absolutely seated in anger.
In the late summer of 2006, my product and livelihood - title insurance - was under attack. Major media outlets smelled a rat and reports of multi-million dollar fines and penalties and class action law suits fanned the flames of what might have been the beginning [...]

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nothin up my sleeve, dah’ ling

by Diane Cipa Mortgage News

Beware the smooth operator who cajoles you into lower standards. Thieves are charming and they want your money and they want you to make it easy.
Check out this defalcation story. You might be surprised that defalcations happen quietly - or not so quietly - in all parts of the country. [...]

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