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November 2019
Title Notes E-News

Stay connected with us:  
Veteran's Day Schedules:
- Bankers Title will be closed on November 11th
- Court houses will be closed on November 11th
 
Thursday, November 14th - Bankers Title office phones will be managed through voicemail from 2 pm to 5 pm, while our team enjoys visitors to our open house. 
 
Thanksgiving Schedules:
- Bankers Title will be closed on November 28th and 29th
- Courthouses will close at Noon on November 27th and will be closed on November 28th and 29th
How To Spot An Irreplaceable Employee
by Ian Altman
 
What attributes would you use to describe your all-time favorite employees? Employees and employers have a shared interest in discovering the attributes that define the all-time favorite employees. Employees want to be the most-favored, and employers seek to attract those individuals who seem irreplaceable. Click HERE to learn more what 12 CEOs agreed were most important attributes in a favorite employee.
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Here are additional articles related to Workplace Culture you may enjoy: 
1031 Exchanges On The Rise - Bankers Title and Investors Title Exchange Are Here To Serve You and Your Clients

With real estate investing on the rise, a 1031 Exchange is a great option as it  allows an American taxpayer to exchange one investment property for another while deferring the tax consequence of the sale. Bankers Title can connect you with experts at Investors Title Exchange Corporation who serves as the qualified intermediary. Following are great resources to get you started: 
What The Most Innovative Leaders In Banking Have In Common
by Jim Marous of The Financial Brand
 
To succeed in the future, financial institutions must embrace a culture of innovation that reinforces the process of digital transformation. To accomplish this, a bank must have strong leadership, openness to experimentation and risk, willingness to challenge the status quo, and solid business strategy that "pushes the limit" of what can be possible with modern technology. Most importantly, the institution must possess an overarching focus on the customer. Click  HERE for more insights.
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Here are additional articles related to the Bank Leadership you may enjoy:
Austin Tripp, Office Assistant

We are excited to have Austin join our team. She will most likely be the pleasant voice on the other end of the phone when you call our office. Please give her a big welcome the next time you call. Austin will be handling various key administrative duties in our process, and she will be the pivotal point of contact to assure the incoming communications are directed to the appropriate teammates. You can also welcome Austin to the team by e-mail at atripp@bankerstitle.com


Melissa Cooke, Title Underwriter

We are pleased that Melissa has chosen to join our team. Many of you may have worked with Melissa over the years as a title underwriter, title examiner, and the owner of her own title abstracting company. Melissa has an extensive background working with both commercial and residential transactions. We are thrilled to add her expertise, commitment to quality and integrity to our team. Please join us in welcoming Melissa to the Bankers Title team by sending her an e-mail at mcooke@bankerstitle.com

Successful All Employee Day in Harrisonburg, Virginia.
All VBA managed title agencies convened at The Hotel Madison and turned back time to the 1980's. A great day was had by all. Lacey Kelsey won" most spirited outfit", pictured here with Tracy Ottinger, SVP of VBA Management Services, Inc. Check out Facebook page for more photos.
How Charismatic Leaders Teach By Example
by Alaina Love
 
There has been a lot written about leadership charisma, especially the pros and pitfalls of its effects on an organization. Most research focuses on four traits that charismatic leaders tend to demonstrate.  Each of these traits can be expressed moderately or aggressively, but  studies  suggest that leaders with moderate charisma are the most effective. These leaders are able to capture the attention and interest of their teams to successfully translate a vision in a way that encourages others to embrace it.  Click  HERE for more insights on these four traits.
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Here are additional articles related to  Leadership & Professional Development you may enjoy:
5 Ways Banks Can Digitally Transform
Loan Origination
by Rich Daugherty
 
In the Rocket Mortgage and fintech era, traditional lenders face unprecedented challenges to meeting expectations of borrowers for speed and an efficient, seamless experience. No one can transform overnight. But even taking one of these five key steps will make a difference. Click  HERE for more insights on these steps.
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Here are additional articles related to the Mortgage Industry you may enjoy:
FBI: Cybercriminals Are Bypassing Multifactor Authentication
The  FBI is warning banks, businesses and other organizations that cybercriminals are using social engineering and other technical techniques to circumvent multifactor authentication security protections. Click HERE to learn more.

Security Experts: Cybersecurity Threats Aren't Going Away, They're Doubling
Every 14 seconds, a company falls victim to ransomware attacks. Experts emphasize the need for companies to have a process in place for not if, but when a ransomware attack occurs. Click HERE to learn more.

Fraud Is On The Rise - Protect Your Clients and Yourself



NOTE: Recent changes in the details section of the recording cost format
on the Virginia Deed Calculations website. Click HERE to access. 

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.**
 
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WANTED: YOUR FEEDBACK
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.
Past issues of the Bankers Title E-news are archived on our website HERE
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.