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Can Banks Resume Non-judicial Foreclosures in Oregon on MERS Mortgages? MERS Thinks So.
The Oregon Supreme Court last week issued rulings in a pair of closely watched foreclosure cases centering around MERS's right to foreclose and the ability of MERS to use Oregon's non-judicial foreclosure process rather than the more expensive and time consuming process of foreclosing via the courts.  The court ruled against MERS on most points, but MERS believes the ruling was actually a good one for itself and its members.
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Deedback Solutions Partners with Stewart Title on Timeshare Default Solution
Deedback Solutions, a division of Reservation Services International (RSI), has confirmed a strategic partnership with Stewart Title Company to provide a service to help mitigate the losses stemming from the defaults of timeshare owners.
AccuSearch Company
Three Nebraska Counties Begin E-Recording
Three Nebraska counties have begun e-recording, according to e-recording service provider Simplifile.  Over 60% of Nebraska jurisdictions now offer e-recording service.
CoreLogic: Home Prices Inrease at Fastest Rate Since February 2006
The latest home price report from CoreLogic shows home prices nationwide, including distressed sales, increased 12.1 percent on a year-over-year basis in April 2013 compared to April 2012. This change represents the biggest year-over-year increase since February 2006.
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South Carolina County Sues MERS
The county attorney in Beaufort County, SC has sued MERS and several MERS member financial institutions over MERS' alleged failure to record land title documents.
Foreclosed home can turn into zombie
When banks start the foreclosure process but never complete it, sometimes homeowners assume that they no longer own a home they abandoned years ago-- but they still have title.
State: Ex-Knox County (TN) trustee Mike Lowe used title business to bilk taxpayers
Prosecutors going after former Knox County Trustee Mike Lowe say one of his so-called ghost employees, a worker he allegedly paid to do little if any work, also participated in a property title search scheme in which his company bilked taxpayers for possibly as much as $392,500.
Wisconsin Governor Proposes Register of Deeds Fees
Governor Walker has proposed increasing the fee for recording or filing most legal instruments with a county Register of Deeds from $25 to $30 in the 2013-15 biennial budget.
Buyer beware: problem foreclosure purchase
The initial foreclosure action document shows only one lot. But later documents do, in fact, show the lot in question had somehow been added to the paperwork in the process.
Corelogic: Fewer than 20% of Homeowners with Mortgages Remain Underwater
Housing data provider CoreLogic has released new analysis showing approximately 850,000  residential properties recovered from underwater status and returned to a state of positive equity during the first quarter of 2013.  The percentage of properties with mortgages where the owner is underwater on the mortgage fell to under 20%.
MBA Weekly Report: Mortgage Applications Rise
Mortgage applications increased 5.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 7, 2013.  Last week’s results included an adjustment for the Memorial Day holiday.
The Nightmare Neighbor Nurse
You'd think that a nurse would make a pretty good neighbor.  But one nurse waged a bitter battle against a schoolteacher for over six years over a few square feet of property.  The schoolteacher finally had enough of the harassment and went to court, and now the nurse will have to pay over $28,000 for her years of unneighborly behavior.
Slander of Title
Rhode Island has a statute that gives landowners a way to protect their land if the believe that a neighbor intends to take their land through adverse possession, via a recording in the land records.  However, such recordings are apparently rare to the point that a title insurer denied coverage where such a document was recorded, giving rise to a lawsuit that was ultimately decided last week by the Rhode Island Supreme Court.
Appeals Court Stops a Foreclosure Where Borrower Made Every Payment
Last month, Akron, Ohio took over the dubious title of the U.S. city with the highest foreclosure rate.  But one Akron area homeowner who had made every scheduled payment on the mortgage on her home avoided foreclosure last week when an appeals court overruled an Akron trial court ruling that the bank could foreclose despite her timely payments. 
Would First American Have Won Its Case With Banks Over No-Search Title Policies?
In the past few years, Bank of America and Key Bank settled their lawsuits against First American over hundreds of disputed title claims on no-search title policies mostly covering second mortgages.  This leaves the question: who would have won if the cases had gone to trial?  A case from last year may provide clues.
On the Blogs

Who May Assign a Deed of Trust, even if MERS has Authority?
john gault's Blog
2013/06/15
0 comments

working for home title searching
CHRISTINE POPISH's Blog
2013/06/03
6 comments

Is a Conveyance Fee Due on the Conveyance of an Easement in Ohio?
Source of Title Blog
2013/05/24
0 comments

Pennsylvania Supreme Court Reaffirms Dunham Rule
Blurbs from the Bossman
2013/05/06
0 comments

Why the cost of Closing Protection Coverage has increased in Ohio
Source of Title Blog
2013/05/02
1 comments

Where is my loan? Who am I making payments to?
ProTitleUSA Foreclosure Defense and Offense Blog
2013/04/28
0 comments

Can title be transferred or mortgage assigned to Fannie or Freddie?
ProTitleUSA Foreclosure Defense and Offense Blog
2013/04/08
2 comments

"I was never a Robo-signer" - You are a Robo-signer and you just don't know it.
ProTitleUSA Foreclosure Defense and Offense Blog
2013/04/01
3 comments

Should Securitization become a part of the Title Exam? SEC vs Title Violations
ProTitleUSA Foreclosure Defense and Offense Blog
2013/03/21
3 comments

Fraudulent use of Scanned Notary Stamps and/or Signatures, is it possible?
ProTitleUSA Foreclosure Defense and Offense Blog
2013/03/14
7 comments

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Title Search/Doc Retrievals in 8 States
March 21 2013
Covering ALL counties in:
Arizona, Idaho, Illinois, Montana, Nevada, Oregon, Texas & Washington

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We do it ALL:

. Document Retrieval
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