Is this only required for signing agents that work for title companies? I never discuss terms of the title policy or solict title insurance business.
Who needs it?
According to the Indiana Department of Insurance,
Anyone who solicites title insurance business, discusses or explains the terms and/or conditions of a title insurance policy.
I guess this is where i am stupid, cause with exception to discussing the settlement statement, this is the only time I have mentioned anything regarding title insurance.
Does this mean also that Banks that close thier own loans are required to do this? I know several banks here in southern indiana, the mortgage loan officers still close thier own loans.
Have you heard if any other classes are being offered? For a state mandated requirement there is a poor job being done as far as how many classes are being offered and locations of classes.
I am sorry I am venting.. I do work for some title companies down here and none them mentioned this being required. |
