Title Underwriter Refuses Claim for Fraudulent Deed

The Chicago Tribune has a MUST-READ Article for all title people. A bizarre case where the title underwriter, Ticor, sub-contracted out a title search for a $360,000. Mortgage transaction. Title work came back clear, the deal closed, docucments were recorded, and a...

Simple Title Search Could Have Saved Two Lives

by Robert Franco | 2008/08/12 | Reprinted with permission from www.sourceoftitle.com Carmel Valley, California, is a beautiful place. I was fortunate enough to spend a year in nearby Monterey in the early 1990’s. Sadly, last year it made headlines for a tragic...

Counties Should Use Tax Sales Against Irresponsible Lenders

As an educator, I often teach about the proverbial Government Rights, and the right of taxation. We all know that real estate taxes are a “first lien” on real estate. That foreclosure of real estate taxes will wiipe out even a first mortgage. Well, I believe its time...

Minnesota Leads a New HUD Initiative

Minnesota has reached a first-of-its-kind agreement to co-promote new and existing types of FHA mortgages with Federal Agencies. The Minnesota Housing Finance Agency (MHFA), a state agency committed to affordable housing opportunities for low and moderate income...

Minnesota Mortgage Fraud Improves A Bit

Good news for Minnesota – or at least a bit better than last year… Minnesota moved DOWN on the list of the WORST states for Mortgage Fraud. The Mortgage Asset Research Institute issued information on the Top 10 states for mortgage fraud that was reported...