Our Blog

Blog

Equity National Title is a company that's dedicated not only to awesome experiences and community involvement, but to education as well. We maintain this blog so that we can be a valuable resource to homeowners, lenders and realtors. 

 

In the client’s own words:  what borrowers say...

By: Equity National Title   April 4, 2017   Borrowers   A Closer Look

In the client’s own words: what borrowers say...

Some like to talk about the importance of a good first impression.  But what about a strong final impression?  When it comes to mortgage lending, the closing or settlement can leave a powerful memory (good or bad) in the mind of the borrower.  Unfortunately, having a bad experience seems to have more impact on repeat business than having a good experience.  One  recent PriceWaterhouseCoopers survey, as reported in Nationa...

Vendor Management--What's your title company doi...

By: Equity National   March 21, 2017   Mortgage   A Closer Look

Vendor Management--What's your title company doi...

We’re going to take a little break from the numbers for a moment to talk a bit about third and fourth party liability.  Vendor management.  By now, most lenders understand that the CFPB has proclaimed it’s holding them accountable for the actions of their “service providers.” It’s probably why your vetting and oversight policy manual has quintupled in size in the last year.  (Wait.  You don’t have a manual…? ...

Looking back, was TRID worth it to the consumer?

By: Equity National Title   March 13, 2017   Mortgage   A Closer Look

Looking back, was TRID worth it to the consumer?

As we mentioned earlier (Let's put TRID to the test), we thought it might be time to ask the borrower—the intended beneficiary of the CFPB’s new TRID rule—if that rule had, indeed, made a positive effect upon their home loan experiences.  You’ll recall that TRID was engineered by the CFPB, primarily, to prevent surprises (especially as to the settlement fees) at the closing table by driving better communication and collaboration...

Let’s put TRID to the test.

By: Equity National   February 14, 2017   TRID   A Closer Look

Let’s put TRID to the test.

Last year around this time (Winter of 2016), the entire mortgage industry revolved around one word: TRID. In fact, this one regulatory change had such an impact on how we do business (from loan origination right down to closing) that it became its own punchline: Example 1:          T.R.I.D.:                  &...

Deeper Dive into the Data—Still think the litt...

By: Equity National Title   January 31, 2017   Mortgage   A Closer Look

Deeper Dive into the Data—Still think the litt...

 We talked a little bit recently about the importance of “the little things” when it comes to delivering service for a mortgage transaction—namely, the closing.  (check out our last blog here) It’s just common sense that a closing professional arrive on time, right? It may be common sense or instinct.  But try presenting that argument to a Board of Directors. Or a stockholder meeting.  Let us know how you ...

When in Doubt, Talk it Out!

By: Equity National   January 17, 2017   Mortgage   A Closer Look

When in Doubt, Talk it Out!

As you know, Equity National Title, which serves as a closing professional for numerous mortgage lenders, has had the privilege of surveying over 17,000 homebuyers about their experience.  Needless to say, one of the things our lending clients want to know about almost immediately was how well the consumer felt treated by his/her loan officer (l.o.).  The good news for our lending clients is that over 80 percent of those surveyed said t...

When “running a few minutes behind” just won...

By: Equity National   January 10, 2017   Mortgage   A Closer Look

When “running a few minutes behind” just won...

Let’s face it.  We live in a world that has different social standards than the world we lived in even 20 years ago. A less formal world.  Restaurants which once required a jacket and tie are now just fine with jeans and a fairly clean shirt (ironing: optional). Thank you notes have become a delightful formality, the occasional reminder of days gone by. To this new, business casual, upscale comfort food world in which we live, punc...

New Beginnings.

By: Equity National   January 3, 2017   Mortgage   A Closer Look

New Beginnings.

We’re retooling the Equity National Title blog because we have something interesting to share with you. We know there are dozens or maybe even hundreds of blogs floating around the mortgage industry.  Some are great.  Some…not so much. You’re probably inundated on a daily basis with e-newsletters solemnly notifying you about someone’s employee of the month; “white papers” that aren’t worth the virtual paper they’re no...

Equity National and Mid America Mortgage Execute...

By: Equity National   December 2, 2016   Technology   Uncategorized

Equity National and Mid America Mortgage Execute...

Equity National Title recently collaborated with Mid America Mortgage to conduct three e-Closings, including one in Austin, Texas. The e-closing process, which did accommodate the “wet signing” of certain documents before a notary as required by state law, allowed the homebuyers to review all pertinent closing forms online well before the scheduled closing. The homebuyers were also able to “e-sign” all documents not bound b...

Equity Inspiration: Orlando Strong

By: Equity National   June 17, 2016   No Tags   Uncategorized

Equity Inspiration: Orlando Strong

The images and stories produced from the tragedy in Orlando are heart-wrenching. And while we are tempted to see America through the prism of the horror and terror, the real America quickly shows up: it is the America where its people run toward trouble to rescue, aid, give care and comfort. And it is the America where hundreds of its people line up to donate blood and gather to pray and show solidarity. It reminded one of our teammates of a...

Pages