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October 2022

Title Notes E-news

Bankers Title and the Courthouses

will be closed on Monday, October 10th

in Observance of Columbus Day

Be a Better Leader by Wagging Your Tail

by Krissi Barr, co-author of The Fido Factor: How to Get a Leg Up at Work


Dogs can teach us a thing or two. Have you ever thought about how to apply canine behavior to your leadership style? There are interesting approaches your dog would encourage you to try if you want to be a better leader. Leadership is more art than science, and more emotion than logic. The actions and behaviors that roll up to form an effective leader, when you boil them down, are actually pretty simple. And they are very similar to why we love dogs so darn much. Dogs are faithful, inspirational, determined and observant. These four core qualities—the Fido Factors—are the basis of the unexpected reason why we can learn leadership lessons from dogs. Click HERE to learn more.

Setting Boundaries in Your Leadership Role
Top 4 Questions About Leading and Communicating with Impact in Today's Reality

How Housing Market Deterioration Will Disrupt Home Lending

by Steve Cocheo


Goldman Sachs forecasts further reductions in home sales and a fall and then flattening of home prices. This will further erode the primary mortgage business, already down as high rates have severely squashed refinancing business. Falling prices will impact the home equity credit business, which had been building back. Click HERE to learn more.

Bankers Title Sponsors 33rd Annual ADA Golf Tournament

 

On September 19th, Bankers Title was pleased to support the American Diabetes Association - Virginia/West Virginia at its 33rd Annual ADA Golf Tournament. BT's own Robyn Parker and Julie Krupnick enjoyed the day at the beautiful Heron Ridge Golf Club in Virginia Beach. Thank you to Tom Krupnick, Tony Trobaugh, Rodney Diehl and Rick Krupnick for skillfully representing us on the course.

The Face of the Lending Landscape is Changing

Lenders need to mirror the communities they serve to survive the next wave of buyers

by Dr. Vanessa Montanez


The buyers today are diverse. For a lender to stay relevant and thrive, changes are needed. First, the lender needs to mirror the communities they serve. Second, the lender needs to hire a diverse sales organization. Third, the lender needs to understand the market needs. If the buyers are younger and more diverse, the lender needs to hire accordingly. Is your company making the necessary changes to thrive? Click HERE to read on.

WEBINAR ALERT: Heading Towards a "New Normal" -- Are eMortgages Part of Your Plan? Tuesday, October 18th at 2:00 pm -- REGISTER HERE
How Local Lenders Can Support Homeownership in Today's Housing Market
How to Stay Competitive With Specialty Mortgage Products Heading Into 2023

Bankers Title Comprehensive Commercial Services

Did you know that Bankers Title’s skilled and dedicated team of experienced professionals are focused on meeting the unique needs of each commercial client?

Our knowledgeable team includes two Certified Commercial Underwriters and two commercial certified settlement/ escrow officers with over 20 years of paralegal experience. We take pride in delivering exceptional service for any size, type and complexity of purchase, construction or refinance commercial transaction.

Our comprehensive commercial services include:
  • Coordination of Title Searches
  • Commercial Title Insurance and Endorsements
  • Escrow Services • Closing and Disbursement Services
  • 1031 Exchange Services facilitated through Investors Title Exchange Corporation

Click HERE to learn more.

Why Banking as a Service May Be the Best Community Bank Survival Strategy

by Vince Curotto


The challenges facing existing bank-fintech relationships will open opportunities for new partner banks to emerge as the banking as a service (BaaS) industry enters a new phase of its evolution. The current market environment not only presents a compelling opportunity to launch banking services that meet the demands of regulators and fintech partners, but also offers a lifeline to community banks struggling to accelerate growth and increase profitability beyond that of their current services. Click HERE to learn more.

5 Strategies for Efficiency and Growth in Community Banks
Three Factors Can Make or Break Your Bank's Strategic Plan

The Journey to True Success

by Dan Rockwell


Beginnings determine endings. When you pursue material success and neglect self-awareness you lose yourself to possessions, position, power, and prestige. The journey toward true success begins with self-awareness. “Developing self-awareness by understanding your life story and reframing your crucibles should be the starting point on every person’s path to becoming a leader.” George and ClaytonSelf-aware leaders know their strengths and accept their weaknesses. Gaining self-awareness requires introspection and feedback. Click HERE to read on.

Virginia Circuit Courts Launch Updated Deed Calculation Website

Check it out at: http://ccdeedcalc.courts.state.va.us/

SPECIAL NOTICE ABOUT CLERK'S CHECKS


  • It has been brought to our attention that some local municipality's clerk's offices are rejecting checks payable to Clerk of Court. They are now requiring the respective municipality to be included in the payable as such: CLERK OF THE CIRCUIT COURT OF (COUNTY/CITY).


  • Also, please remember a self-addressed, postage paid envelop is required is provided to ensure that all original recorded documents are returned to the lender.

The Value of Turning Bank Employees Into Entrepreneurs

by Nymbus


Most banking employees won't chuck their day job to hit the start-up trail (although a side-hustle could be useful), but they can bring an entrepreneurial spirit into their bank or credit union. That can make all the difference in keeping the institution relevant in a time of rapid innovation. Investor/author Marcus Whitney explains the why and how, click HERE to learn more about his insights.

Tapping Into a New Talent Pool for Banking
The X Factor for Improving Front-Line Employee Engagement

The Future of Business Banking: Fintech Innovation + Human Advice

by Steve Cocheo


ConnectOne Bank doubles down on technology by creating an innovation office, creating a new niche vertical, and hiring more tech staff. At the same time management continues to believe that in-person expertise is a business banking edge. Click HERE to learn more about how they have leveraged this model to create success.

Banking Opportunities Growing on the Farm
4 Ways to a Deeper Banking Connection with SMBs
Put Safety First By Asking Questions and Preparing in Advance
Experts: Changes to Supply Chain Will Benefit Commercial Real Estate
The Easy Way to Make Property Listings Stand Out
Key Stats to Watch In a Challenging Real Estate Market
7 YouTube Channels Real Estate Agents Should Be Watching
Help Sellers Regain Confidence After a Buyer Backs Out
19 Things That Can Hurt Your Property Value and Which Ones You Can Fix
Robyn C. Parker
Vice President & Agency Manager
Bankers Title, LLC
9011 Arboretum Parkway
Richmond, VA 23236
Phone: 1.800.830.1414 | 804.560.7655
 
Integrity. Security. Excellence

Bankers Title is a full-service Title and Settlement Agency that is committed to integrity and transparency in each of our transactions. Our team is made up of the best in the business and we look forward to helping you make informed decisions about your home.