Closing Protection Letters - Revision history

Davidjenkins at 17:59, 24 January 2020

2020-01-24T17:59:39Z

Davidjenkins at 17:59, 24 January 2020

2020-01-24T17:59:15Z

Davidjenkins at 17:35, 6 April 2018

2018-04-06T17:35:48Z

Davidjenkins at 17:34, 6 April 2018

2018-04-06T17:34:19Z

Davidjenkins at 17:31, 6 April 2018

2018-04-06T17:31:26Z

Davidjenkins at 17:31, 6 April 2018

2018-04-06T17:31:15Z

Davidjenkins: Created page with " {{| class="wikitable" |style="width: 100%;" | colspan="4" | |- | style="width: 25%;"| Alabama | style="width: 25%;"| Closing Pro..."

2018-04-06T17:30:47Z

Created page with " {{| class="wikitable" |style="width: 100%;" | colspan="4" | |- | style="width: 25%;"| Alabama | style="width: 25%;"| Closing Pro..."

New page

{{| class="wikitable"
|style="width: 100%;"
| colspan="4" |
|-
| style="width: 25%;"| [[Closing Protection Letters in Alabama | Alabama]]
| style="width: 25%;"| [[Closing Protection Letters in Illinois | Illinois]]
| style="width: 25%;"| [[Closing Protection Letters in Montana | Montana]]
| style="width: 25%;"| [[Closing Protection Letters in Rhode Island | Rhode Island]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Alaska | Alaska]]
| style="width: 25%;"| [[Closing Protection Letters in Indiana | Indiana]]
| style="width: 25%;"| [[Closing Protection Letters in Nebraska | Nebraska]]
| style="width: 25%;"| [[Closing Protection Letters in South Carolina | South Carolina]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Arizona | Arizona]]
| style="width: 25%;"| [[Closing Protection Letters in Iowa | Iowa]]
| style="width: 25%;"| [[Closing Protection Letters in Nevada | Nevada]]
| style="width: 25%;"| [[Closing Protection Letters in South Dakota | South Dakota]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Arkansas | Arkansas]]
| style="width: 25%;"| [[Closing Protection Letters in Kansas | Kansas]]
| style="width: 25%;"| [[Closing Protection Letters in New Hampshire | New Hampshire]]
| style="width: 25%;"| [[Closing Protection Letters in Tennessee | Tennessee]]
|-
| style="width: 25%;"| [[Closing Protection Letters in California | California]]
| style="width: 25%;"| [[Closing Protection Letters in Kentucky | Kentucky]]
| style="width: 25%;"| [[Closing Protection Letters in New Jersey | New Jersey]]
| style="width: 25%;"| [[Closing Protection Letters in Texas | Texas]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Colorado | Colorado]]
| style="width: 25%;"| [[Closing Protection Letters in Louisiana | Louisiana]]
| style="width: 25%;"| [[Closing Protection Letters in New Mexico | New Mexico]]
| style="width: 25%;"| [[Closing Protection Letters in Utah | Utah]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Connecticut | Connecticut]]
| style="width: 25%;"| [[Closing Protection Letters in Maine | Maine]]
| style="width: 25%;"| [[Closing Protection Letters in New York | New York]]
| style="width: 25%;"| [[Closing Protection Letters in Vermont | Vermont]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Delaware | Delaware]]
| style="width: 25%;"| [[Closing Protection Letters in Maryland | Maryland]]
| style="width: 25%;"| [[Closing Protection Letters in North Carolina | North Carolina]]
| style="width: 25%;"| [[Closing Protection Letters in Virginia | Virginia]]
|-
| style="width: 25%;"| [[Closing Protection Letters in District of Columbia | District of Columbia]]
| style="width: 25%;"| [[Closing Protection Letters in Massachusetts | Massachusetts]]
| style="width: 25%;"| [[Closing Protection Letters in North Dakota | North Dakota]]
| style="width: 25%;"| [[Closing Protection Letters in Washington | Washington]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Florida | Florida]]
| style="width: 25%;"| [[Closing Protection Letters in Michigan | Michigan]]
| style="width: 25%;"| [[Closing Protection Letters in Ohio | Ohio]]
| style="width: 25%;"| [[Closing Protection Letters in West Virginia | West Virginia]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Georgia | Georgia]]
| style="width: 25%;"| [[Closing Protection Letters in Minnesota | Minnesota]]
| style="width: 25%;"| [[Closing Protection Letters in Oklahoma | Oklahoma]]
| style="width: 25%;"| [[Closing Protection Letters in Wisconsin | Wisconsin]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Hawaii | Hawaii]]
| style="width: 25%;"| [[Closing Protection Letters in Mississippi | Mississippi]]
| style="width: 25%;"| [[Closing Protection Letters in Oregon | Oregon]]
| style="width: 25%;"| [[Closing Protection Letters in Wyoming | Wyoming]]
|-
| style="width: 25%;"| [[Closing Protection Letters in Idaho | Idaho]]
| style="width: 25%;"| [[Closing Protection Letters in Missouri | Missouri]]
| style="width: 25%;"| [[Closing Protection Letters in Pennsylvania | Pennsylvania]]
| style="width: 25%;"| [[Closing Protection Letters in Puerto Rico | Puerto Rico]]
|}

@@ Line 1: / Line 1: @@
 WFG does not issue CPLs to lenders or any other party for the acts of a non-agent with two exceptions:
 # '''Illinois''' - There is a quasi-insurance type escrow company called an “independent escrowee”.  Under the statute, the IE has to meet the same financial requirements as a title insurance underwriter ($1,000,000 in liquid assets/reserves) and they are not required to issue CPLs like an underwriter does for their agents.  There’s only 1 IE in Illinois and it’s owned by a WFG agent.  WFG issues CPLs for the IE pursuant to a vendor’s services agreement that allows WFG to audit the IE’s accounts, etc.
-# Approved attorneys in states where that’s custom/practice pursuant to a vendor’s services agreement.
+# '''Approved Attorneys''' in states where that’s custom/practice pursuant to a vendor’s services agreement.
 WFG could arguably issue a CPL pursuant to a vendor’s services agreement, but there’s not a lot of upside for WFG to do so.

← Older revision		Revision as of 17:59, 24 January 2020
Line 1:		Line 1:
		+	WFG does not issue CPLs to lenders or any other party for the acts of a non-agent with two exceptions:
		+	# '''Illinois''' - There is a quasi-insurance type escrow company called an “independent escrowee”. Under the statute, the IE has to meet the same financial requirements as a title insurance underwriter ($1,000,000 in liquid assets/reserves) and they are not required to issue CPLs like an underwriter does for their agents. There’s only 1 IE in Illinois and it’s owned by a WFG agent. WFG issues CPLs for the IE pursuant to a vendor’s services agreement that allows WFG to audit the IE’s accounts, etc.
		+	# Approved attorneys in states where that’s custom/practice pursuant to a vendor’s services agreement.
		+
		+	WFG could arguably issue a CPL pursuant to a vendor’s services agreement, but there’s not a lot of upside for WFG to do so.
		+
		+	In addition to the above, there may be regulatory issues in some states that would prevent WFG from issuing a CPL on behalf of a non-agent.

	{\| class="wikitable" style="width: 100%;"		{\| class="wikitable" style="width: 100%;"

@@ Line 1: / Line 1: @@
-{| class="wikitable"
+{| class="wikitable" style="width: 100%;"
 |-
 | style="width: 25%;"| [[Closing Protection Letters in Alabama | Alabama]]

@@ Line 65: / Line 65: @@
 | style="width: 25%;"| [[Closing Protection Letters in Missouri | Missouri]]
 | style="width: 25%;"| [[Closing Protection Letters in Pennsylvania | Pennsylvania]]
-| style="width: 25%;"| [[Closing Protection Letters in Puerto Rico | Puerto Rico]]
+| style="width: 25%;"| [[Closing Protection Letters in US Territories | US Territories]]
 |}