Market share reports are created by extracting specific information from recorded documents. While the exact information a report contains varies by requestor, most title market share reports contain: data about the number and type of recordings in the county data about recordings by title company and by lender data about the dollar value of transactions each […]
Category Archives: Outsourcing Title Work
How We Help Our Customers Succeed with Title Insurance Outsourcing
At HDEP, it is not the skill and the training of our staff that sets us apart – it is the attitude to work that we have instilled in our staff, and what they have produced as a result that sets us apart. Our staff understands they are often the only eyes that will see […]
Complexity of Work in the Title Insurance Industry
HDEP International has worked as a trusted outsourcing associate with the land title industry for over 25 years. We have become intimately familiar with the complexity of the tasks and the liability that accompanies failure. All industries have complex tasks that need to be accomplished by entry level staff. Most industries are able to systematize […]
The Importance of Escrow Accuracy in Title Insurance
Buying or selling a home is not one without its challenges. Escrow is there to assure all parties that the transaction will be completed in a way that fulfills all legal obligations necessary and is also done in a timely manner. The key to a successful closing is the accuracy and completeness of information entered […]
Title insurance differs from other types of insurance – Part 3
Most insurance lines are based on unknown individual event liabilities – that is, it is not known where a claim will occur or when. No one can predict with certainty where a hurricane will hit or when or how destructive it might be; no one can predict who will get what disease and what it […]
Title insurance differs from other types of insurance – Part 2
Most insurance lines are based on unknown individual event liabilities – that is, it is not known where a claim will occur or when. No one can predict with certainty, where a hurricane will hit or when or how destructive it might be; no one can predict who will get what disease and what it […]
Title insurance differs from other types of insurance (Part 1)
Most insurance lines are based on unknown individual event liabilities – that is, it is not known where a claim will occur or when. No one can predict with certainty, where a hurricane will hit or when or how destructive it might be; no one can predict who will get what disease and what it […]
Title Plant Outsourcing – Outsourcing Locates Research
A modern title plant is a computerized index to the documents recorded in the county recorder’s office, as well as the scanned images of the documents themselves. Title searchers and examiners query the title plant for documents related to specific property by legal description, or by an individual’s name (there may be other search methods […]
Title Insurance Outsourcing – Make It Easy For Your Underwriter (Part 2)
This is Part 2 of a two-part blog series about how title insurance outsourcing affects the relationship between title agents and their underwriters. For Part 1, click here. In our experience, a quality and accuracy driven approach and methodical set up process reduces the possibility of issues between title agents and their underwriters. The standards […]
Title Insurance Outsourcing – Part 1 Make It Easy For Your Underwriter
Many title agents still remain skeptical about title insurance outsourcing solutions. Part of the skepticism comes from uncertainty about how an outsourcing solution may affect a title agent’s relationship with its underwriter. This blog explains how HDEP makes title insurance outsourcing easy for both the title agent and its underwriter. We have heard complaints about […]