Titles companies accept risks associated with policies written. Loan Guard is an invaluable tool to protect and manage assets covered by title insurers:
Benefits Title Insurers:
- Eliminates claims filed by lenders as a result of foreclosure of unknown lien holders not identified on their policy.
- Enhances the value of the title insurance policy by eliminating this risk for their insured lender and/or property owner.
- Enables title insurance companies to offer a value-added service for their lenders in addition to their insurance, i.e., both title insurer and lender can be notified of all foreclosure activity.