Title Direct

A Title Direct title answers two questions: who owns the property and on what record, and what has to be cleared before the sale. Everything below arrives with the title, and later deliveries on the same order add to it.

Where to find a title

In QBO, a title is a Title record on the property, tied to the loan and the process (for example, the foreclosure) that ordered it. The title’s documents are attached to it, and the vendor’s original data is kept with the record.

A title can be updated several times after it first arrives, for example when a curative item clears or a date-down is completed. Check the messages and curative items for the latest activity rather than relying on the first delivery.

Title summary

Field	What it tells you
Title	The order’s name, usually the process and loan number (for example, FC - 123456789)
Product category	The product ordered, such as ForeclosureReport
Process type	The function that ordered it, such as Foreclosure
Request action	Set when the delivery is an update, such as Datedown
Vendor order number	The title vendor’s own order number, useful when you contact the vendor
Received date	When the title product was received
Estimated completion	The vendor’s estimated completion date
Title clearance grade	The vendor’s grade for how clear the title is (for example, A or B)

Documents

The title product itself is a PDF, often with supporting documents. Each document has a name and a type, for example:

• The title product (for example, a trustee’s sale guarantee)
• Affidavits
• Backup documents, which can contain nonpublic personal information; handle them accordingly

Vesting and recorded documents

• Vesting shows how title is held, for example “Jane Doe, a single woman”. Title Direct reports the original vesting, the current vesting, and any variance the vendor notes.
• Recorded documents list the instruments of record: deeds of trust, mortgages, assignments, modifications, and deeds. Each has its recording date, document number, and book and page where available.
• Each recorded document is linked to its parties: trustor, original trustee, original beneficiary, mortgagor, mortgagee, assignor, assignee, grantor, and grantee.

Curative items

A curative item is a title issue that has to be resolved, for example a senior open mortgage or deed of trust or an assignment issue. Each item shows:

Field	What it tells you
Status	For example PROBLEM (open) or CLEARED
Curing party	Who is responsible for clearing it, such as the attorney or the vendor’s in-house team
Date notified	When the issue was raised
Follow-up date	When the next update on the item is due
Projected completion	When the item is expected to clear
Actual clear date	When it cleared
Notes	The vendor’s notes, numbered in the order they were entered

A separate curative data summary shows the curator’s contact details, lien search ordered and received dates, the original, current, and final grades, and when each was reported.

Taxes and fees

Each title can carry one or more ledgers. A ledger has a balance and a good-through date, and lists its lines:

• Taxes, by tax year, with the amount and whether they are still open
• Recording fees, with the recording transaction number
• Product fees, such as a date-down or publication endorsement

For how ledgers work in QBO, see Ledgers.

Messages

Messages record the conversation on the order:

Message	Meaning
Confirmation	The vendor confirmed the order
Inquiry acknowledgement	The vendor received an inquiry
Update acknowledgement	The vendor received an update request
Date-down	The result of a date-down: the type (for example, publication endorsement), whether it is clear, and the vendor’s remarks
Curative item messages	Notes added to a curative item

Order status

Status reported	Meaning
Complete or Closed	The order is finished
Cancelled	The order was cancelled
Error	The order failed; check the messages for the reason
Anything else	The order is still in progress

Note

Screen layouts and labels can vary by installation; your administrator can rename fields or arrange them differently. Who can see a title is controlled by your organization’s access to the loan; see Security.