Why does the settlement agent (title co.) represent the lender and not the buyers or the sellers?

Why does the settlement agent (title co.) represent the lender and not the buyers or the sellers?

The title co. works for the lender and not the buyers or the sellers.  The title co. is hired by the lender to finalize the transaction, record the lender’s mortgage in 1st position at the clerk’s office, and issue the lender a title insurance policy.

Therefore, if an attorney happens to be the closer, he/she is prohibited by law from providing any legal advice to any party at the closing table.  The attorney must refer the parties to seek their own competent legal counsel.  The Kentucky Supreme Court ruled that there is no advantage to having an attorney at the closing table versus a non-attorney.  What matters is competence, character and service.