After closing, and once all the necessary documents have been properly executed and recorded or filed, final policies or title reports can be issued. The professionals in the final department work directly with lenders and attorneys to uncover any missing documentation and review what data has been collected to issue final policies. Timely issuance of policies is important as financial institutions keep their files tidy for their examiners. Additionally, not all policies are created equal, and final policies can be customized with additional coverages added - this is especially true for commercial ventures. The Final Team works with the parties to be sure all required additional coverages have been given through endorsements.
Team members include: Diane Lenar and Sue TerMaat