Even theoretically, I don't see how there is any less risk in a re-issue of another agent's policy unless you are working off of an owners policy and the issuer of the owners policy is accepting liability for your lender's losses from title issues prior to the owner's policy effective date.  Sorry about the long sentence there.

If you are to work from a lender's policy, you are not likely to ever see a copy of it.  Even if you did, the underwriter of that policy will consider its obligation to be met upon satisfaction of its insured mortgage.

We don't have a re-issue rate here so my knowledge of the subject is limited.  Still, the logic escapes me.to post a reply: login - or - register