The Closing is Over But What About the Post Closing

Presenters

Victoria L. DiPasquale National Sales Manager Simplifile	Elizabeth M. Tanner, Esq. Tanner Law, Ltd. Final Trac

Approved for 1 credit

Introductions and Agenda

• 
  Eye on the Prize/ Get it Closed
  
  
  
  • Fiduciary Responsibility / Commitments
  
  
  • Disbursements
  
  
  • Risk Factors
  
  
  
  


• 
  What Is Post-Closing?
  
  
  
  • Recordings
  
  
  • Money
  
  
  • Lien Release and Trustee Services
  
  
  • Original Documents
  
  
  • Culture – the details
  
  
  
  


• 
  Recording – Priority
  
  
  
  • Importance of Immediate Recordation
  
  
  • Compliance
  
  
  • Policy Liability / Gap
  
  
  • Customer Satisfaction
  
  
  • Underwriter Relationship
  
  
  • Minimize Title Liability
  
  
  • Supports prompt funding
  
  
  • What is E-Recording? How does it help?
  
  
  
  


• 
  Follow the Money
  
  
  
  • Payoffs
  
  
  • Insurance, Taxes, High Risk Items
  
  
  • Good Funds vs. Collected Funds
  
  
  • Reconciliation
  
  
  
  


• 
  Lien Release Support and Lien Clearing
  
  
  
  • Follow through and process
  
  
  • What to do when you can’t wrap it up
  
  
  
  


• 
  Benefits of outsourcing
  
  
  
  • How does it all work?
  
  
  • Curative
  
  
  • Settlement
  
  
  
  


• 
  The Challenge of Change
  
  
  
  • Getting Staff buy in
  
  
  • Creating a culture that supports thorough post-closing processes
  
  
  
  

The Closing is Over But What About the Post Closing