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  • 1.  Recent cyber incident and lenders

    Posted 01-03-2024 07:33
    Happy New Year everyone
    As a title agent are you feeling the impact of cyber incidents with your title underwriter? We issued a title commitment before this most recent incident. Lender (PNC) is requesting a Letter of Attestation which underwriter is not presently issuing due to incident. Lender is refusing to allow us to close with this underwriter. Curious are other lenders proceeding in this manner as well? 
    Now I see the need to be signed on with more than one underwriter. 
    Appreciate your comments~

    Gail Malloy
    Westmoreland Paralegal Services
    35 W. Pittsburgh St. Suite 300
    Greensburg, PA  15601
    t  724.832.8683
    c 724.420.1015
    f  724.838.8681
    [email protected] FATIC copy2.pngedit_gail malloy_0026.jpeg

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  • 2.  RE: Recent cyber incident and lenders

    Posted 01-04-2024 11:39
    Hi Gail,

    Is the "Letter of Attestation" the same as a closing protection letter, or do they want something more than that?

    Thanks, Donna

    Donna Brady Miller
    Inter-County Abstract
    303 - 10th Street, Suite 2
    Honesdale, PA 18431

    Phone: 570-253-4734



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  • 3.  RE: Recent cyber incident and lenders

    Posted 01-04-2024 17:58
    BTW:  Letter of Attestation (different from a CPL) has been issued by underwriter and lender has authorized this closing to move forward. So many borrowers were impacted by this incident.  
    I wonder what the future holds for us in title industry. 


    Gail Malloy
    Westmoreland Paralegal Services
    35 W. Pittsburgh St. Suite 300
    Greensburg, PA  15601
    t  724.832.8683
    c 724.420.1015
    f  724.838.8681
    [email protected] FATIC copy2.pngedit_gail malloy_0026.jpeg




    Original Message
    ALTA Marketplace


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