The Consumer Financial Protection Bureau is now holding lenders accountable for the actions of their service providers. Because of this and the recent uncertainty regarding agent vetting, title insurance agents need to prepare now for this new phase of liability and customer concerns. But, to what extent?

The Legal Description and The Title Report are co-hosting a 90-minute educational webinar on Wednesday, March 6 at 2 p.m. ET to address liability issues and title agent vetting. Sponsored by RedVision, the webinar will cover specific steps agents can take to better protect their agency and train title insurance agents on what they are responsible for, how to conduct business in this new age of agent vetting and how to cope. Frank Pellegrini, president of Prairie Title Services Inc., George Houghton, group president, Agency Operations, Stewart Information Services Corp. and Andy Crisenbery, senior vice president, Business Operations at eLynx will discuss:

• Title and settlement company best practices and how to implement them;
• The role of the underwriter in agent vetting;
• How to better promote and self-police your agency;
• Training on practicing in the new age of agent vetting;
• Solutions to this new issue; and
• Preparing for the next phase of liability issues in your operations and workflow.

“We are pleased to partner with October Research LLC in providing this training for title professionals,” said Brian Twibell, chief executive officer of RedVision and moderator for the webinar. “Liability concerns are a reality in the industry and to avoid difficulty with customers or loss of business, agents need to take action to ensure secure and sound business practices. The speakers will be addressing the issue of liability and agent vetting from various angles.”

“We’ve been hearing a lot lately about uncertainty in the marketplace regarding the extent of lender liability and the title agent’s role,” said Andrea Golby, editor of The Legal Description. “This webinar will clear the air on the market forces that brought forth the need for best practices and provide a how-to-approach implementing effective changes that will protect you.”

Participants will have an opportunity to ask questions and will receive the full PowerPoint presentation following the live event, along with related articles from October Research LLC publications. Register for a live site and have your entire staff listen in and/or order the recording and view the webinar at your earliest convenience.

Join us! Register for this webinar at the October Store today.