Version 3.5.8
Title templates are shown at the bottom of the Title window, which looks like this:
Click to Choose
Simply click on an icon to choose a different template
Information that is stored in a Template
Templates store this information:
General Layout (images, where text appears, etc)
Font Justification
Font (the actual font to use)
Font Color (color of the font)
Background Color
Background Opacity
As you switch templates, all of your changes are replaced with what exists in the template.
The exception is that any text you have entered not modified (as the template carries no default text).