Shownotes
In this episode of the Paper Trail podcast, Chris delves into the intricacies of title insurance, emphasizing its significance for mortgage note investors.
Chris discusses the roles of owner's policies and lender's policies, presents real-life case studies of title claims, and highlights the pitfalls of neglecting title insurance.
He also shares insights from Marco Bario's valuable article on the subject, stressing the growing importance of due diligence amid increasing fraud in the industry.
Chris wraps up by providing tips on assessing title policies when acquiring notes and underscores the necessity of title insurance for every originator.
00:00 Introduction to the Paper Trail
00:41 Today's Topic: Title Insurance
00:55 Insights from Marco Bario
03:00 The Importance of Title Insurance
05:24 Understanding Title Insurance Policies
09:25 Common Title Insurance Issues
13:27 Case Studies and Real-Life Examples
18:45 Final Thoughts and Recommendations
24:30 Conclusion and Farewell