Fortune Cares – Random Acts of Kindness

With the holiday season upon us, Fortune Title employees wanted to help spread the holiday spirit as best we can. At the beginning of the month, we encouraged everyone in the office to do Random Acts of Kindness leading into the holiday season. Even though we are all very busy here, we are lucky enough to have one another to lean on, and we are also fortunate enough to have our families at home.  We circulated a list of ideas to get started, but of course asked everyone to add their own ideas as well. Simple Acts of Kindness can have a powerful effect. Here are some of the personal stories of our employees: When my cousin lost her baby, she held an event where over 300 people joined in and did Random Acts of Kindness.  It was something that she focused on to get her through the rough days. For weeks people would email her and tell her what they had done in honor of her baby.   These simple acts gave her hope and strength to move forward. I bought coffee for the office…everyone was excited. I’ve been buying donation food boxes at Stop & Shop; 8 boxes so far. I feel that it’s important to donate food at times other than Thanksgiving. It feels good to contribute. I regularly ride my town’s ambulance and help save people. It is hard work, but so rewarding. I bought a meal for a homeless person. The look of thanks in his eyes touched me so deeply and I want to do this on a regular basis. I bought coffee at...

Fortune Cares – The Ornament Family

Fortune Title employees look forward to this event every year – the Brain Injury Alliance of New Jersey’s Adopt-A-Family Gift Drive. The holiday spirit touches us all as we are able to support the Brain Injury Alliance of New Jersey (BIANJ) in their effort to improve the quality of life for people who suffer from brain injury. It brings us great joy to play Santa’s elves and shop for the four children of “The Ornament Family,” checking off items from their Christmas wish lists such as winter coats, pajamas, art supplies, books, music, and sports related items. There even seems to be a rivalry in the Ornament household, as the kids are evenly split into fans of the Eagles and the Steelers!   A statewide non-profit organization, the BIANJ advocates on behalf of these individuals and raises awareness through education and prevention. The fact is, so many years after sustaining a brain injury people just expect that life will return to normal.  But for the injured, the struggle continues.  With the help of generous donations like ours, the BIANJ is able to make the holiday season a little brighter for these families. You, too, can bring a little joy to BIANJ families by making sure every child has a gift to open next holiday season!  To learn how you can take part in this and other BIANJ programs in your community, go to...

Ask Nick – Discharging an Assignment of Mortgage

Q: I have a loan that needs an Assignment of Mortgage discharged because it was erroneously assigned. Would you know the steps involved in getting an Assignment of Mortgage discharged? A: Incorrect assignments are abundant in the searches that we review in New Jersey. Though an Assignment of Mortgage does not get “discharged,” there are other steps that can be taken to place ownership of the mortgage into the correct party. The quickest and easiest way is to have the mortgage assigned back to the correct party. Otherwise, a court action would be required to effectively quiet the ownership of the note/mortgage into the proper party. Under no circumstances is Fortune Title Agency, Inc. or any of its employees giving any legal advice.  The Ask Nick Q’s and A’s are based on situations that the company has experienced and is sharing with the public for informational purposes only.  Always contact your attorney for any legal...

Noteworthy – Thankful For Our Relationships

Thankful For Our Relationships They say it takes a village to raise a child.  Well it also takes a village to close a file!  Whether you are an individual looking to buy, sell or refinance a home, an investor buying or selling real estate, or even a Lender foreclosing a mortgage or selling a Real Estate Owned (REO) property, you are an integral part of the team.  There are many different people involved in completing these transactions and it is only by working together that we do.  So this month we want to express our thanks for all of the relationships we have developed that help us do just that. Thank You Abstractors Whether we are producing a Report of Title, a Title Insurance Commitment, or even just obtaining a copy of document, we can’t provide any of these items without our abstractors.  We work with a variety of companies and individuals that go to the county courthouse every day and search the land records on our behalf.  This may not sound like a very romantic job, but do not be fooled, abstracting is an art form.  My grandmother, Doris Petroski, was the first in our family to enter the title industry.  She started searching in 1972 for Chelsea Title in Paterson.  Within 2 years she had learned the trade well enough to become an independent searcher in Hudson County, where she gained her fame as the lead searcher for commercial work, especially the railroads.  My mother, Dorri Timpanaro joined the business along with my father, Nicholas Timpanaro.  I have fond memories of the courthouse, coloring in maps as...

Noteworthy – ALTA ONE 2016

This year’s Annual ALTA Convention was held in Scottsdale, Arizona and was rebranded as ALTA ONE.  The new format and rebranding made this convention by far the best we have ever attended, as we found out what ALTA ONE actually stands for and learned to Face Our Fears. The new branding of the ALTA Annual Convention as ALTA ONE has many meanings.  “Out of Many, One” was the main message of the branding, reminding us that although we all come from different states and have a variety of agencies and company structures, we still come together as a single voice for our industry.  ONE was also reflected in the updated agenda and education. Omni sessions were implemented that occurred 1-2 times a day and were an hour long with all attendees of the convention. Notables were 1-2 hour smaller sessions that gave attendees the opportunity to earn CLE credits. Engagement Labs were interactive ½ hour sessions with a small audience that gave attendees the opportunity to “engage” in conversations over a variety of topics. Kirsten Pollock, Chair of the Internal Auditing Committee and I held an Engagement Lab on “An Internal Best Practices Assessment, aka the Most Valuable Thing You Can Do for Your Business.”  It was a great opportunity to show attendees the resources ALTA supplies to provide an internal assessment for your agency, and also included some tips and tricks on how to manage your compliance once you’ve completed your internal assessment.  Compliance is not a single point in time.  Your Compliance Management Report is a living document and as such should be updated and reviewed on...