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ARTICLE · 02 AUGUST 2024

Title Nerds Season 3, Episode 3

Riker, Danzig, Scherer, Hyland & Perretti
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Co-hosts Michael R. O'Donnell and Bethany A. Abele welcomed special guest Scott Sumner, Vice President and Underwriting Counsel of Fidelity National Financial...

United StatesInsurance

Co-hosts Michael R. O'Donnell and Bethany A. Abele welcomed special guest Scott Sumner, Vice President and Underwriting Counsel of Fidelity National Financial, who has played various roles in his 21-year career, including serving as NJ State Counsel and NJ State Manager for the business operations. Listen to Season 3, Episode 3 here.

Scott provided insights as to what title agents can do to get their deals closed efficiently, including urging agents to raise potential issues as early as possible and to provide all known facts to the underwriting counsel. Some of the more challenging situations that Scott addressed were tidelands searches, bankruptcies and mortgage foreclosures, and application of the new Community Wealth Preservation Act. He also discussed the ramifications of two new State statutes on tax sale foreclosures. In addition, Scott shared details of one complex project, an energy generation facility on the Raritan River with a cable extending to the NY

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