First Quarter: The moon is one-half illuminated by the sun. Occurs when the moon's illumination is increasing, Waxing Gibbous: The moon is more than one-half illuminated by the sun but not completely illuminated. Occurs when the moon's illumination is increasing, Full Moon: The moon is totally visible in the sky. Except during a lunar eclipse, Waning Gibbous
Property Preservation â This term refers to the industry of professionals who provide services to banks and asset management companies on their foreclosure houses. Typical services provided are repair, inspection, insurance claim management and maintenance. Also known as Mortgage Field Services.
Title Insurance is a form of indemnity insurance. The main purpose of title insurance is to prevent losses and eliminate risks due to any past legal defects associated with real property. Title insurance protects the interests of the homeowner and lender (if applicable).here are two general types of title insurance â lenderâs policy and ownerâs policy. A lender's policy is issued in the amount of the borrower's mortgage loan amount.