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FNMA Silence on Taylor Bean Mortgages Opened Way to 3 Billion Dollar Fraud - Leigh Attridge/MA
6/30/2011 7:45:22 AM (3438 views)

[+] Work load, or lack there of. - WAYNE QUICK/NC (13 replies)
6/29/2011 10:34:15 AM (3405 views)

[+] What would you do if you knew?????? - CHARLENE  PERRY/MD (4 replies)
6/28/2011 3:41:35 PM (3027 views)

[+] Thought Experiment in Public Records - William Pattison /CA (1 reply)
6/28/2011 2:55:16 PM (2677 views)

Abandoned real estate projects in Vegas - Slade Smith/OH
6/27/2011 1:14:44 PM (3390 views)


Real Title Services


[+] CTLien Solutions - David Cobble/TX (4 replies)
6/25/2011 5:44:45 PM (3385 views)

[+] PRACTICE OF LAW BILL PASSES - Jaime  Kosofsky/NC (2 replies)
6/25/2011 1:06:45 AM (4416 views)

[+] Man, I can't even make this crap up - CHARLENE  PERRY/MD (2 replies)
6/23/2011 5:21:29 PM (3123 views)

More robo-signing stuff from Essex South Registry of Deeds - Leigh Attridge/MA
6/22/2011 1:53:44 PM (4053 views)

[-] Comment on "A Pair of Title Crooks Get 10 Years Apiece" - Source of Title/OH (1 reply)
6/22/2011 12:11:54 PM (2699 views)
Technology Could Help Prevent This - Wyatt Bell/FL
6/22/2011 12:11:55 PM (6356 views)

I've written previously in this regards that government recording systems could prevent these types of schemes from occurring if they would implement existing technology to alert parties in interest to any changes in the official public record.

With technologies such as triggers or RSS ( Really Simple Syndication) it would be very easy for parties to subscribe to recorded changes.

If a lender with an outstanding loan collateral instrument (mortgage, deed of trust, security deed, etc.) is alerted that a new loan collateral instrument has been recorded especially with a new borrower they could investigate immediately. It would be highly suspicious to see a monthly payment arrive when an entire transaction set is recently recorded.

This would also work with grantees. If you're in title to a parcel of real estate and any instrument is recorded regarding your name and/or parcel you would have an immediate alert.

If we would implement Public Record Identification Numbers (PRID) we could make these types of schemes almost impossible.

Oh well!! Maybe in my childrens' lifetimes!

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[+] Lake Placid Automobilist 1909 - Leigh Attridge/MA (4 replies)
6/21/2011 5:56:46 PM (3824 views)

[+] The Next Phase of American Healthcare - Kevin Ahern/CT (12 replies)
6/21/2011 3:52:43 PM (3805 views)

Politically Tied Lawyers Win Jobs Handling Foreclosures in City - Leigh Attridge/MA
6/21/2011 7:25:21 AM (3193 views)

Florida Bar files complaint agains Stern - CHARLENE  PERRY/MD
6/20/2011 2:22:45 PM (3212 views)

[+] FOX & SPADER a/k/a FS ENTERPRISES a/k/a RISK MANAGEMENT SOLUTIONS - Paul /FL (2 replies)
6/20/2011 1:22:14 PM (3844 views)


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