Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

Judgment Lien Attached To Personal Property Can Prime A Perfected Security Interest

June 22, 2017 UCC, Due Diligence, Lien Monitoring

Of course you’re aware that a federal tax lien can prime your perfected security interest 45 days after filing, knocking your UCC from first priority position if you do not act to protect your perfected position. It’s Factoring/ABL 101. But what about a judgment lien attached to personal property? What impact can it have on your perfected security interest? Turns out it can prime your first position UCC just like a federal tax…READ MORE

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Real Property Title Searches Defined

June 15, 2017 Due Diligence, Title Related Topics

What is an Owner and Encumbrance Search? What is the difference between an Owner and Encumbrance Search and a Full Title Search? How about a Real Property Asset Search or an Easement/Boundary Dispute Search, what are they? If you’ve ever wondered about any of these questions, read on for Real Property Title Searches Defined. Owner and Encumbrance Search – Title reports which support and limit reported research to current ownership…READ MORE

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Application Programming Interfaces for UCC – Are All API for UCC Alike?

June 02, 2017 UCC, Online UCC System, Due Diligence

In a word, no. The emergence of API for UCC with its increased efficiency and enhanced compliance capability has already occurred and the implementation is spreading. UCC data and portfolio management providers have moved quickly to develop API for UCC and it is now another technology driven differentiator added to their UCC due diligence packages. Much like how UCC portfolio managers and search engines vary in effectiveness and…READ MORE

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First Corporate Solutions Celebrates 30 Year Anniversary

May 19, 2017 Event

We’re proud to be celebrating the 30-year anniversary of First Corporate Solutions (FCS), leading provider of risk mitigation due diligence solutions to legal and financial communities. FCS began operations in 1987 when David Silverburg, the company’s founder and CEO, created Bay Area Courthouse Services (BACS) to capitalize on an opportunity he saw to better serve the public record documentation needs in his home area. While researching…READ MORE

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Three More Tips For Bulk Sale Escrow Officers In California – Revisited

May 12, 2017 Due Diligence, Tips

Below is a repost of a popular post from last year for our California Bulk Sale Escrow Officers. We’ve been supporting Escrow Officers handling bulk sales for a quarter century, and over that period we’ve learned more than just a few things from our friends in the industry, and in this blog post we share three more tips for Bulk Sale Escrow Officers in California that we’ve learned and their importance. Tip#1: ‘Reading’ Your…READ MORE

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Federal Tax Liens Out Of Credit Reports And Related FICO Scores

May 04, 2017 Due Diligence, Title Related Topics

Equifax, Experian and TransUnion , the three major national credit reporting agencies, will implement new standards for their data collection pertaining to public record data, notably regarding federal tax liens and civil judgments. This implementation is set for July 1, 2017. In general, the agencies will no longer collect and utilize public record data unless specific minimum information is present, including social security numbers…READ MORE

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Three Tips For Bulk Sale Escrow Officers In California–Revisited

April 27, 2017 Due Diligence, Tips

  Below is a repost of a popular post from last year for our California Bulk Sale Escrow Officers. We’ve been supporting Escrow Officers handling bulk sales for a quarter century, and over that period we’ve learned more than just a few things from our friends in the industry, and in this blog post we share three tips for Bulk Sale Escrow Officers in California that we’ve learned and their importance. Tip #1: Search an individual…READ MORE

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First Corporate Solutions Celebrates New Office Move In Los Angeles Area

April 21, 2017 Event

These are exciting times at First Corporate Solutions. Driven by company growth in our UCC and Title Services Divisions along with the opening of our Legal Services Division, we recognized the need and the opportunity to upgrade our facility in southern California and move into the next phase of our company's life. We accomplished that on April 1, 2017,  box by box completing the move from our previous space and into the next chapter. The…READ MORE

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International Factoring Association Conference Recap 2017

April 13, 2017 Lien Monitoring, Event

The International Factoring Association’s annual conference was held last week at The Omni Hotel in Ft. Worth, Texas, and First Corporate Solutions was proud to attend once again with friends, partners, familiar faces and new acquaintances. The IFA conference continues to be a leader in providing educational and networking opportunities to the factoring community and this year’s event delivered again. Although the weather…READ MORE

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First Corporate Solutions Exhibits At The 2017 Factoring Conference In Ft. Worth

April 06, 2017 Event

  First Corporate Solutions is exhibiting our UCC searching, filing, monitoring and API solutions at the International Factoring Association Conference April 5-8 in Ft. Worth, Texas. Why Do Factors Choose FCS Lien Monitoring & UCC Solutions? Secured Party Representative Service Original Lien Monitoring Program created by FCS over 20 years ago Business Entity Status, Litigation and Bankruptcy Monitoring also…READ MORE

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