To all WFG Agents doing business in Indiana,
Effective July 1, 2020, Indiana Statute 32–21–2–3 will be amended as indicated below:
Sec. 3. (a) Except as provided in subsection (c), a conveyance, a mortgage, or an instrument of writing to be recorded must be:
Click here to download Bulletin No. IN 2020-07 in its entirety.
Presented by WFG National Title Insurance Company
Could this be the riskiest week for wire fraud in six years? The answer is yes!
With the Fourth of July being observed on Friday, unfortunately, this creates an opportunity for scammers. One thing different about this year than in previous years is that the federal reserve is open!
As fraudsters attempt to take advantage of this situation, scams on Thursday and wires sent to fraudulent accounts presents a risky scenario as you will have a much lower chance of recovery if the fraud isn’t detected until next week.
If it fells off… THINK S.A.S.S.Y.!
STOP: Stop and take time to check and double check information.
ASK QUESTIONS: Know who your company resources are and ask questions when needed!
SOLVE: Take the necessary steps to solve the issue at hand.
SUCCEED: Happy clients equals repeat business.
YOU GOT THIS! Together we can make an impact!
Let’s go into the long holiday weekend with a sense of security and vigilance to protect our clients and your company.
The treat of wire fraud is real. It’s not a questions of it it will happen, but WHEN? Click here to watch a real life story of what happens when wire fraud does occur.
Introduction to Powers of Attorney
Tuesday, July 7, 2020 – 10:00am PST/1:00pm EST
Reverse mortgages are complex and being prepared is key to a successful closing. Powers of Attorney are very common in the Reverse Mortgage industry. We are happy to share our experience and knowledge with you and together we can make the borrower’s experience a pleasant one.
Click here to register.
Live Demo: Property Profiles
Tuesday, July 14, 2020 – 10:00am PST/1:00pm EST
This class will walk you through how to pull property profiles and sales comparables.
Click here to register.
Presented by Reverse Mortgage Daily
The economic impact of the COVID-19 coronavirus pandemic has universally affected the operations of virtually every business in America, with many non-essential operations shuttered for months following the spread of the virus into global pandemic status as people and organizations grappled with ways to continue operating.
The reverse mortgage business is no exception, particularly since many of the longstanding elements of interaction between professionals and clients relied on in-person meetings.
While the industry has found ways to adapt during this period — whether through embracing technology or taking advantage of a favorable rate environment — many in the industry are understandably ready to return to work in an office environment. The pandemic, though, is not over, and health authorities continue to recommend additional safety measures despite the fact that stay-at-home orders and closures of non-essential businesses are starting to lift.
Because there are still a lot of shifting factors in terms of the way certain localities are responding to the continued presence of the coronavirus, some reverse mortgage-centric offices are taking a more measured tact in the way they’re approaching the prospect of reopening. Such as the case with Roseville, Calif.-based title and settlement company Allegiant Reverse Services, according to its VP Megan Awalt.
“It is definitely a fluid [process] right now,” Hafenstein tells RMD in an interview. “We have started bringing some people back based on certain tasks that can only be done physically in the office. Getting people in and training them on our new safety procedures, and making sure that they knew what our protocol is in the office has been a priority to protect everyone’s health.”
Click here to read full story.
Presented by NMRLA
As World Elder Abuse Awareness Day approaches on June 13, the Consumer Financial Protection Bureau released a new online resource to help communities form networks to increase their capacity to prevent and respond to elder abuse.
The Elder Fraud Prevention and Response Networks Development Guide (Networks Development Guide) offers planning tools, templates, and exercises to help communities create a collaborative network to fight elder fraud or refresh or expand an existing network.
Elder financial exploitation threatens the financial security of millions of older Americans annually. In response to this crisis, hundreds of communities across the United States have created collaborative networks to protect their older residents.
Members are also reminded to share NRMLA’s booklet, Recognize and Report Elder Financial Abuse, with their clients and family members. Download a copy by clicking on the image below.
Fraud Prevention – CRMP Certified Course
Wednesday, June 10, 2020 – 10:00am PST/1:00pm EST
Join us for our new class dedicated to enhancing the security of your transaction. We have compiled a comprehensive overview of some of the most common ways you can detect and prevent fraud. Allow us to share with you ways to stay alert to fraud so you can protect yourselves, your clients and increase overall awareness of the dangers of fraud.
Note: CRMP Credit not available for California residents.
Click here to register.
Introduction to Trusts
Wednesday, June 17, 2020 – 10:00am PST/1:00pm EST
Reverse mortgages are complex and being prepared is key to a successful closing. We are happy to share our experience and knowledge with you. Together we can make the borrower’s experience a pleasant one.
Click here to register.
With more closing options than ever before, this guide will help you
understand the primary differences between the eClosing options.
Click here for a copy of the flyer.
Eskaton’s Telephone Reassurance Program provides participants comfort and connection during the COVID-19 pandemic, and year-round, to older adults. Through daily phone calls, Telephone Reassurance Program volunteers provide socialization, comfort and connect at no cost to over 500 participants. Leveraging technology to practice social distancing, the call center team is operating from several location.
Know someone who can benefit from the comfort of a friendly voice? To register for the program, contact Christie Hebditch at 916-334-1072 or visit: eskaton.org/TR and complete an Application.
Click here to explore volunteer opportunities.
Our partner First American offers a very helpful flyer to clear up some of the confusion on RON’s.
To download a copy please click here.
If you have any questions you can always contact us at solutions@allegiantreverse.com.
Tips to Improve Your Closing Experience
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 to see how you and your borrower can help improve the closing experience.
Click here to register.
Introduction to Manufactured Homes
Wednesday, May 20, 2020 – 10:00am PST/1:00pm EST
Please join us for an introduction to Manufactured Home guidelines, procedures and suggestions to help make the process smoother. This is a segment of our business that often is met with hurdles, questions and confusion. The purpose of this class is to help you identify red flags early in the process and to help arm you with information and questions to ask your borrower.
Click here to register.
