REO Title Curative

Posted 4 Days Ago
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Rockville, MD, USA
In-Office
Senior level
Insurance • Professional Services • Real Estate • Financial Services
The Role
Review title commitments and abstracts to identify and resolve chain-of-title defects, tax and tax-sale issues, and underwriting claims for REO properties. Communicate with lenders, borrowers, and underwriters, update proprietary systems, and ensure title clearance for loan closings across multiple states.
Summary Generated by Built In
Company Description

First Title & Escrow, Inc. serves the real estate industry as an expert-driven and technology focused national title company. We craft our products for the highest level of customer service. Our skilled team across the country ensures the daily process to run in tandem with strategies to comply and maintain the industry’s best practices. Join our energetic team and see why we’re the leading title company in the nation.

Job Description

The position requires knowledge to provide resolution of title defects, with emphasis on REO. The ideal candidate has experience in the correction of chain of title issues, working with underwriters regarding curative actions and title claims, and actions regarding outstanding taxes and tax sale issues. The ideal candidate will review title to ensure that there are no defects or breaks in the chain, and perform curative. Position also includes working with underwriting claims resolution, clearance, and title curative for multiple states.

Job Description:

· Reviews and recognize escalation issues

· Notes our proprietary website as to current status

· Reviews the title commitment for accuracy

· Reviews abstract and legal description

· Researches the title to determine if “clear”

· Investigates the reasons around a possible “not clear” title

· Resolves title clearance issues to get loans closed

· Communicates with lenders and borrowers to obtain all necessary title clearance requirements

· Reviews title commitment for clearance and assures all items are accounted for: updating payoffs, subordinations, homeowner’s insurance policies, taxes and HOA

Qualifications

· Knowledge of Fannie Mae and Freddie Mac REO properties and clearance

· 5 Plus years of experience in reviewing title commitments and documents for validity

· High school/GED diploma

· Ability to independently clear title issues.

· Attention to detail and communication skills must be excellent.

  • Common knowledge of Microsoft Office applications.

Benefits include a Safe Harbor 401(k) plan, health/dental care, paid time off and holidays, and competitive pay.

First Title & Escrow is an Equal Employment Opportunity Employer. EOE/M/F/D/V.

Additional Information

Benefits include a Safe Harbor 401(k) plan, health/dental care, paid time off and holidays, and competitive pay.

First Title & Escrow is an Equal Employment Opportunity Employer. EOE/M/F/D/V.

Skills Required

  • Knowledge of Fannie Mae and Freddie Mac REO properties and clearance
  • 5+ years experience reviewing title commitments and documents for validity
  • High school diploma or GED
  • Ability to independently clear title issues and perform curative actions
  • Experience working with underwriters regarding curative actions and title claims
  • Excellent attention to detail and communication skills
  • Working knowledge of Microsoft Office applications
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The Company
75 Employees

What We Do

First Title & Escrow is a full-service national title agency providing a broad range of title and closing solutions for the real estate services sector. The company combines experienced staff and cutting-edge technology with strategic partnerships to deliver high-quality, personalized services and consulting to its clients, ensuring seamless title and escrow processes nationwide.

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