Underwriting Q & A’s

February 11, 2015

Q & A | Reverse Mortgage Forms

Q: Since Reverse Mortgages are not covered by the new TILA-RESPA Rule, does a lender have the option to use the new Integrated Disclosure Forms (Loan […]
January 7, 2015

Q & A | Probating Wills

Q: You may have heard the following phrase from an attorney, “You cannot probate a will if more than four years have elapsed since the decedent’s […]
December 10, 2014

Q & A | Medicaid Estate Recovery Program Claim

Q: Is there something that an Estate for a deceased seller can obtain to verify that there exists no Texas Medicaid Estate Recovery Program (MERP) Claim? […]
November 12, 2014

Q & A | Power of Attorney, Trust Agreement, or Court Order

Q: Can an agent under a power of attorney, a trustee under a trust, or  the personal representative of an estate (i.e. executor or administrator) delegate […]
October 8, 2014

Q & A | Inheritance for Collateral Kindred

Q:  When there is an intestate death, and the decedent did not have a surviving spouse or children or parents, leaving siblings as the heirs at law,  […]
September 10, 2014

Q & A | Can I use a Mexican Matricula Consular (I.D. Card) as a form of identification for a notary acknowledgment?

Q: Can I use a Mexican Matricula  Consular (I.D. Card) as a form of identification for a notary acknowledgment? A: No. The Texas Civil Practices and […]
August 13, 2014

Q & A | Issuing a T-1R Owner’s Title Policy

Q: Do I always issue a T-1R Owner’s Title Policy if the property is “residential” real property? A: No. You should issue the T-1R only when […]
July 16, 2014

Q & A | Sale, Conveyance, or Encumbrance of Homestead

Q: Why does the title company require joinder of both spouses on a conveyance or mortgage of a homestead property when it is the separate property […]
June 25, 2014

Q & A | R-5 “Simultaneous Issue” Rule

Q: When a purchaser who is executing a purchase money note and deed of trust for the purchase of real property is required to put up […]