by | Oct 29, 2010 | Abstracting/Searching, Closing, Foreclosure, mortgage, Title Insurance
The wind is changing daily on the Title Insurance front. One minute underwriters refuse to write title policies on foreclosures due to the infamous Robo-signers, next they want an indemnity to write those title policies, now they are willing to go without. Read the...
by | Oct 29, 2010 | Education
It’s a disaster, no its not. We will insure it, no we won’t. Or wait a minute, yes we will. The Courts can’t seem to make up their minds. The states seem to disagree, some say the physical possession of the mortgage note is imperative, others not....
by | Oct 20, 2010 | Abstracting/Searching, Education, Foreclosure, REO
Read more at Bloomberg News Attorney David Stern made about $146 million when he sold his non-legal foreclosure business to a company originally formed to do business in China, according to a regulatory filing. The non-legal foreclosure businesses are paid fixed fees...
by | Oct 18, 2010 | Abstracting/Searching, Education, Foreclosure, Land Title Technical Stuff, REO, Title Insurance
Here is an outstanding article from NBC, explaining in very clear terms, the problems with Judicial Foreclosure vs. Foreclosure by Advertisement, real problems with Robo-signers, etc. A good read for those of us in the Title Insurance and Abstracting Industries....
by | Oct 16, 2010 | Closing, Foreclosure, mortgage, REO
From ABAJournal Following news from Bloomberg that a major lender has stopped sending new cases to a South Florida law firm known for its foreclosure work, a lawyer for its chief attorney, David Stern, confirms that it has made layoffs. There were “probably less...
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