Recent National Flood Disaster Devastates Parts of Vermont

 

We at CATIC have been watching as many of our valued Agents and business partners have been impacted by the recent flooding and you have each been in our thoughts and prayers.

 

In response to the flooding in Vermont, CATIC, CATIC Foundation, and VATC have joined together to donate to the Main Street Flood Recovery Fund to assist those residents and small businesses impacted by the recent natural disaster. As always, CATIC, CATIC Foundation, and VATC are committed to the local support of our neighbors, friends, and business partners. We are wishing all those who have been impacted the very best as they recover and rebuild.


As always, any additional assistance your offices may need during this difficult time, we are here to help. Please don’t hesitate to reach out! We are hopeful that the recovery efforts are proceeding well, spirits are picking up, and that residents and businesses are looking forward to better days ahead.

Dinner and Races - CATIC Night at Thunder Road


Have you always wanted to go to Thunder Road, the Nation’s Site of Excitement, but just haven’t gotten there (yet)? Or, are you a “regular,” craving another action-packed evening? Either way, join fellow CATIC members, staff, and their families for a free BBQ and an evening of summer, outdoor fun! We'll provide tickets to the race and will host a free BBQ under the green pavilion.


This exciting night of racing will also include the very popular “Run-What-U-Brung.”


We hope to see everyone at the “Road.” Details are as follows:

Date:

Thursday, August 24th

Time:

Gates open at 5:00 p.m.; BBQ at 6 p.m.; Racing at 7 p.m.

Where*:

Thunder Road (80 Fisher Road, Barre)

What to Bring:

Alcohol if you wish, but GLASS is NOT ALLOWED IN THE VENUE

*We'll meet you at the gate next to the green pavilion.

Click Here to Reserve Tickets to Thunder Road

The Unfunded Mortgage - How Lien Sweeper Can Help.


THE PROBLEM - Years back, our customer had granted to MERS a $45K mortgage. However, the following day they decided to increase the loan amount, and a new mortgage was prepared and executed. Unfortunately, both the $45K unfunded mortgage and the larger mortgage were recorded on the land records. 

 

When our customer went to refinance, the smaller $45K mortgage appeared on the title. Neither the Lender nor MERS servicer had any record of this mortgage and they were refusing our customer’s request for a release.  


THE SOLUTION - After working with our contacts at the Lender and Mortgage Servicer, we were able to reach a solution whereby the Servicer agreed to provide a release. Our customer was then able to move forward with their refinance.

 

If you are dealing with an unfunded mortgage, give us a call at 844-204-6310. If we cannot track down the release / discharge you need, we will WAIVE ALL OUR FEES!

Lau's Corner & Title Tips


Career Network


We often hear of firms who are hiring. While we welcome phone calls or emails, we have added a career network post under News and Announcements (bottom right-hand corner) on the VATC website.

  

Underwriting Question? 


To streamline underwriting, please email UnderwritingVT@catic.com for a response from Liz or Steve.


Social Media



Be sure to follow CATIC on FacebookLinkedIn and Instagram  

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