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March 2017
Title Notes E-News

Stay connected with us:  
Understanding Title Insurance - FREE Training Notice

Bankers Title will be hosting a free training session with helpful information for lenders, processors and REALTORS. Seating is limited so reserve your seat today HERE .

What Great Leaders Say to Highly Engaged Teams

Here are additional articles related to Leadership & Professional Development you may enjoy: 
Bankers Title Announces Director of Business Development

Bankers Title is delighted to announce a new team member. 

Deborah (Debbie) Henley
has joined Bankers Title, LLC as the Director of Business Development. As a former commercial relationship manager for community, regional and national banks, she has an extensive real estate background working with lenders, realtors and attorneys. 

Debbie's focus as Director of Business Development is to grow and deepen relationships with our member banks, as well as develop non-member residential and commercial business opportunities.

Please join us in welcoming Debbie to our team. She can be reached by e-mail at  
6 Biggest Themes Affecting Bank Compliance in 2017
by Keith Monson
Here are the six most significant themes that will occupy banks' compliance staff this year:
  1. First 100 Days of New Presidency
  2. HMDA Final Rule Effective Date
  3. FinCEN Enhanced CDD Rule: Is Your Bank Ready?
  4. Navigating TRID's Expansion into Construction Loans

  5. Risky Business in Vendor Management

  6. Winning the Cybersecurity War

Click HERE to learn more.
Upcoming Training Sessions

Mark your calendars now! Bankers Title will host a free training seminar on May 4th, 2017.  There will be three sessions offered:
Session I:   Construction coverage and process for Virginia
Session II:  Fraud - don't fall victim
Session III:  ITracs escrow reconciliation with ease and confidence
Registration information will be available soon.  

MBA Forecast for Economy:
Lookin' Good!
by Phil Hall
The  Mortgage Bankers Association (MBA) has looked into the future, and they are not complaining.
"We're expecting steady, modest growth in the U.S. economy," said MBA Vice President of Research & Economics Lynn Fisher yesterday at the MBA National Mortgage Servicing Conference & Expo. "We're seeing real economic growth in a number of indicators." Click HERE to read on.


Here are additional articles related to the  Mortgage Industry and CFPB you may enjoy: 
Bankers Title Team Takes on the Breakout Room
The Bankers Title team joined forces for a fun staff outing and team building experience at the Breakout Room - Richmond on February 15th. The team had a great time attempting the escape game, which is a real life adventure where we had an hour to break out of a room by cracking codes, solving riddles, and piecing together puzzles and finding clues. We are looking forward to going back to complete the mission.
Big Smiles and Friendly Hellos Are Killing Your Community Bank
The big smile isn't cutting it anymore
by Nolan Knight, SCMG
...Don't get us wrong, most community bankers are very friendly with lots of smiles when visiting a branch. Many are even pretty nice on the phone. Here's part of the problem... employees in the big banks are nice and friendly too. For a community bank to rise to the top of their market they can no longer rely on that smile alone. There must be more, and guess what? We just so happen to have a two ideas for you: (1) The Reason to Call Program (AKA... Outbound Call Program; and (2) The Incoming Call Program. Click HERE to learn the details.

Here are additional articles related to the Community Banks and the Client Experience you may enjoy: 
Taking Care of Businesses: Why you must get in your business clients' corner
by Murthy Veeraghanta
Thousands of small businesses emerge nationwide every day. In fact, the  Kauffman Foundation, a national entrepreneurship nonprofit, recently revealed that there are now 310 entrepreneurs for every 100,000 adults in the U.S.-which translates into 530,000 new business owners every month. Despite this sharp rise, the  Small Business Administration reports that approximately half of businesses fail within the first year and the U.S. Bureau of Labor reports that only one-third survives ten years.
Financial institutions simply cannot ignore these staggering statistics. They must "enter the ring" with their business clients, offering them a solid business strategy to support their needs and help them succeed. Click HERE to read on. 

For your convenience, please click HERE to utilize our online rate calculator to get a quote.


**Remember to offer your borrowers Owner's Coverage on their most valuable investment. It's a one time premium with a lifetime of security. In addition, they will receive a reduced premium rate when they obtain it simultaneously with your Lender's Coverage.**

What Topics Are On Your Mind?

Bankers Title wants to provide you with pertinent information in future E-Blasts and Webinars. What questions are on your mind regarding the real estate and mortgage lending industry? What Hot Topics would you like to receive greater insights and clarity? Send Robyn your thoughts.
Robyn Parker
Vice President
Bankers Title, LLC
9011 Arboretum Parkway, Suite 110
Richmond, VA 23236
Phone  (800) 830-1414
Fax  (804)-560-7202

Give us a call and let us

know how we can better
serve you and your team!

Integrity. Security. Excellence.   Since 1994, we have provided market-leading title insurance and settlement solutions with uncompromising commitment to integrity, financial stability, and excellence in all that we do.