Entries by Natalia Herbert

Title & Settlement Terms

Action to Quiet Title: An action to quiet title is a lawsuit to establish a plaintiff’s title to land by compelling the adverse claimant to either establish a claim or to be quiet about his/her challenges or claims to the title. An action to quiet title is generally brought in a court having jurisdiction over […]

July Webinars

Tips To Improve Your Closing Experience Tuesday, July 18, 2017 – 10:00am PST/1pm EST Closing transactions efficiently and accurately is our first priority. You’ll get peace of mind and security with our smooth and easy process. Join us for a webinar to see how you and your borrower can help improve the closing experience. Click […]

ARS Calculator Update: North Carolina

The ARS Calculator has been updated to reflect a new fee in North Carolina. A $15 commitment fee will apply to all mortgage transactions, effective June 9 2017. We stand behind our rate calculator, which is why we advise you to pull a new quote for each application, to ensure you are receiving a current […]

June Webinars

Reverse mortgages are complex and being prepared is key to a successful closing. We are happy to share our experience and knowledge with you and together we can make the borrower’s experience a pleasant one. Title Review 101 June 14, 2017 – 10:00am PST/1:00pm EST Please join us for our upcoming webinar on Title Review […]

Life Estates

Life estates are often encountered by reverse mortgage professionals during the origination process. Reverse professionals should have a good understanding of what a life estate is in order to guide their clients and transaction to a successful closing. A life estate is a type of ownership interest in real estate. In a life estate one […]

New Educational Flyers Available

We are pleased to inform you that two new flyers have been added to our list of educational documents. Our library currently includes: -Rate Calculator Guide -Spotting Elder Abuse and Fraud -Signing by Mark -Power of Attorney Fraud -Trusts -Checklist for a Smooth Closing -Power of Attorney -New! Manufactured Homes -New! Conservatorships To request a […]

Reverse Mortgage Title Firm Expands in Texas

Allegiant Reverse Services, a provider of title and other closing services for reverse mortgage borrowers, announced the opening of a new office in Frisco, Texas on Tuesday. “We have expanded Allegiant’s footprint to one of the fastest-growing markets in the country, and we couldn’t be more pleased,” said Rob Awalt, Allegiant’s president and CEO, in […]

Allegiant Reverse Services Expands to Frisco, Texas

Allegiant Reverse Services (“ARS”), a division of FNC Title Services, LLC, today announced that it has increased the firm’s national reach with the opening of its Frisco, Texas office. This strategic expansion builds upon Allegiant’s success as the leading provider of title insurance services for the reverse mortgage industry. The new full-service Allegiant title and […]

Documents, Flyers and Forms

We are pleased to inform you that the Documents, Flyers and Forms tab is available on our website. You will now have the option to request a variety of educational flyers that pertain to reverse mortgage title and settlement. Our current library includes: -Rate Calculator Guide -Spotting Elder Abuse and Fraud -Signing by Mark -Power […]

FHA Increases HECM Loan Limit

The maximum claim amount for FHA-insured Home Equity Conversion Mortgages has been increased from its current $625,500 limit to $636,150, according to Mortgagee Letter 2016-19 published by the Department of Housing and Urban Development. This new MCA – which is equal to 150 percent of the Freddie Mac national conforming limit of $424,100 – becomes effective […]