Although the calendar says it’s Spring, the weather hasn’t received the message! As I endeavor to write this message, I see that there are less than 2 months until our annual convention!! I hope you will consider joining us this year at the beautiful Hyatt Regency Chesapeake Bay Golf Resort, Spa and Marina, June 2, 2013 through June 4, 2013. We have an incredible agenda planned and we will be offering 4 CE/CLE educational credits as well as a non-credit program on Sunday afternoon on social media in business. The resort has many amenities including pools, spa, golf, boating, fishing or just relaxing both inside and outside the hotel. We have added an optional Paddleboat tour of the Choptank River and Lighthouse. You won’t want to miss it!! We are excited to announce that the following vendors will be joining us this year. All of these folks offer products and services that you, as a title professional can use to better your business. I thank the following for supporting the PLTA:
Signature Information Solutions – our premier sponsor!
Fran Kelly Professional Liability, LLC
Core Financial Outsourcing
TSS Software Corporation
reQuire Release Tracking
ePN Recording Partners
Fidelity National Title Insurance Company
First American Title Insurance Company
Old Republic National Title Insurance Company
IMPORTANT NOTICE REGARDING THE SUBMISSION OF MORTGAGE SATISFACTIONS
Effective January 1, 2013, as defined in the Pennsylvania Mortgage Satisfaction Act of 2002, the Allegheny County Department of Real Estate will no longer require the submission of a mortgage satisfaction to be accompanied by the original mortgage, a certified copy of the mortgage, or a copy of the first page of the mortgage for verification of mortgage recording information. Accordingly, there is no longer a requirement to submit an additional $6.00 payment to cover the cost of retrieving/copying the first page of the mortgage when the mortgage satisfaction is not accompanied by a copy of the mortgage.
The Department of Real Estate will continue to verify in-house the recording information (Mortgage Book Volume and Page Number) on the submitted mortgage satisfaction document at no additional cost to the general public. Please do not hesitate to contact our office at (412) 350-4226 with any questions.>>
“The best practices serve as a benchmark for the real estate settlement and mortgage lending industries and illuminate the high level of professionalism that ALTA members follow to protect consumers and businesses,” said Michelle Korsmo, ALTA’s chief executive officer. “The title insurance industry has always been serious about protecting consumers and combating criminal behavior. It is beneficial for those in the title business to promote self regulation through the publication of best practices that meet high professional standards of operation to protect consumers and businesses.”
On Friday, June 24, 2011 Pennsylvania Governor Thomas Corbett signed into law House Bill 442, which will ban the practice of Private Transfer Fees (PTFs) throughout the Commonwealth.
Read more about PLTA's latest legislative victory on PLTA Common Ground Online.