December 14, 2016

Underwriting Q & A | How Do I Handle Overtime Now?

Below is an excerpt of a recent article regarding the recent nationwide injunction affecting employers across the country issued by  U.S. District Judge Amos L. Mazzant. […]
November 16, 2016

Underwriting Q & A | May we pay the property taxes in Texas for 2016 and insure that 2017 taxes are “not yet due and payable”?

Q:   May we pay the property taxes in Texas for 2016 and insure that 2017 taxes are “not yet due and payable”? A:  Short Answer is […]
October 19, 2016

Underwriting Q & A | When should the term “pro forma” be used in connection with the name of a party on a real estate document?

Q: When should the term “pro forma” be used in connection with the name of a party on a real estate document? A: The term “pro […]
September 21, 2016

Underwriting Q & A | Have there been any updates to TRID?

Q:  Have there been any updates to TRID? A: No. However, the CFPB (Consumer Financial Protection Bureau) has proposed various amendments to disclosure requirements under TRID. […]
August 17, 2016

Underwriting Q & A | Is there a new reporting requirement issued by the U.S. Department of the Treasury for closings on some properties in Texas and Florida to aid in the collection of information for financial crimes enforcement?

Q: Is there a new reporting requirement issued by the U.S. Department of the Treasury for closings on some properties in Texas and Florida to aid […]
June 15, 2016

Underwriting Q&A | What is an Apostille?

Q: What is an Apostille? A: An Apostille is a certificate issued by a designated authority in a country which is a member of the Hague […]
May 18, 2016

Q & A | Can “successors and assigns” and/or the “ISAOA” acronym be inserted on an Insured Closing Protection Letter issued in Texas?

Q: Can “successors and assigns” and/or the “ISAOA” acronym be inserted on an Insured Closing Protection Letter issued in Texas? A: No, that is not allowed […]
March 16, 2016

Q & A | Regarding FIRPTA, is a title agent required to complete the IRS forms and determine the amount to be withheld when a foreign person is selling property?

Q: Regarding FIRPTA, is a title agent required to complete the IRS forms and determine the amount to be withheld when a foreign person is selling […]
February 17, 2016

Q & A | Can we insure a sale transaction where seller acquired title by a tax foreclosure deed?

Q: Can we insure a sale transaction where seller acquired title by a tax foreclosure deed? A: Yes, FNTI will insure a subsequent sale by a […]