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Old Republic CEO: Danger of Default Averted
The threat of a default at Old Republic International attributable to its troubled mortgage insurance unit "has now been stayed" but there is some work left to do, according to Old Republic CEO Aldo Zucaro in statements made on a conference call discussing the company's annual financial results yesterday.
LPS: Lower Volume, Lower Default Rates on New Mortgages
The December Mortgage Monitor report released by Lender Processing Services shows mortgage originations down over 10% from November, but mortgages that are being made are some of the highest quality on record.
RealtyTrac: Foreclosure Sales Off Significantly from Year Ago Level
Foreclosure data provider RealtyTrac today released its Q3 2011 U.S. Foreclosure Sales Report, which shows that sales of homes that were in  some stage of foreclosure or bank owned accounted for 20 percent of all U.S.  residential sales in the third quarter of 2011-- down significantly from the 30% level of just a year ago. Pre-foreclosure sales such as short sales were flat with year ago levels.
AccuSearch Company
Old Republic Files Update on Troubled Mortgage Insurance Unit
Old Republic updated investors on the material aspects of the recent actions taken by the North Carolina Department of Insurance in placing Old Republic's financially troubled subsidiary, Republic Mortgage Insurance Company, under state supervision.
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Ex-AFG CEO Aaron Hand Pleads Guilty to Plot to Kill Witness Who Testified
Ex-AFG Financial Group Inc. Chief Executive Officer Aaron Hand, already imprisoned for his role in a fraudulent $100 million mortgage scheme, pleaded guilty today to plotting to kill a witness who testified against him.
Insight: Top Justice officials connected to mortgage banks
U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department's criminal division, were partners for years at a Washington law firm that represented a Who's Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.
Top 100 U.S. zip codes hit hardest by foreclosures
Neighborhoods boasting modern homes, cul-de-sacs and tree-lined streets in and around Western cities now dominate the list of the top 100 U.S. zip codes hit hardest by foreclosures and claim and comprise all of the top 10 spots, according to data generated for CNNMoney by RealtyTrac. In 2011, Western states claimed 82 of the 100 worst hit zip codes with 38 in California and another 28 in Nevada.
Judge gives foreclosure king the Baum's rush
Steven J. Baum, who owned New York's largest home-foreclosure mill until he was recently forced to close it down, made a rare appearance in a courtroom yesterday - and was promptly ripped by a Bankruptcy Court judge frustrated by his firm's sloppy work.
Ford County Kansas seeing surge of interest in title searches
The county received 781 documents relating to oil and gas leases in 2010, but the total for 2011 rose to 1,262.
Old Republic Placed on Rating Watch Negative by Fitch
Fitch Ratings has placed the ratings of Old Republic International Corporation's (ORI) and its insurance company subsidiaries-- including its title insurance businesses-- on Rating Watch Negative, due to ongoing challenges at its mortgage insurance subsidiary.
NAR: Pending Home Sales Ease in December
After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of Realtors.
MERS Settles Foreclosure Overcharge Lawsuit, Avoids Class Action
MERS has settled a class action lawsuit alleging overcharges in foreclosure fees just days before the suit would have potentially been granted official class action status for as many as several hundred thousand foreclosed homeowners.
On the Blogs

New CFPB Settlement Disclosure Form (HUD 1/1A) - Round 3
Wyatt Bell's Blog
2012/01/26
0 comments

The Foreclosure Dilema: Decisions at the Expense of One Class
john gault's Blog
2012/01/11
1 comments

Title Insurance Employment Keeps Taking It On the Chin!
Wyatt Bell's Blog
2012/01/07
3 comments

Training the new generation of "closers"- My Big Blue Bird is catching on
CHARLENE PERRY's Blog
2012/01/06
5 comments

Robo-Signing..it's still alive and well
CHARLENE PERRY's Blog
2012/01/05
0 comments

First American Title and HARP 2.0 - The newest cost effective way to "insure"
CHARLENE PERRY's Blog
2012/01/04
1 comments

Education in the title industry- a sorely missing component
CHARLENE PERRY's Blog
2011/12/27
11 comments

Is That Mortgage Open-Ended?
Source of Title Blog
2011/12/27
15 comments

The Sincerest Form Of Flattery?
Blurbs from the Bossman
2011/12/22
2 comments

Last Week I Wrote-off Approximately $7,000 In Bad Debt.
Source of Title Blog
2011/12/21
0 comments

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