Dry up until the shoe drops.  Isn't BOA suing First American & Fiserv over the "quick close"; hey no need for a title; equity line fiasco.

Here's what I can see happening. 

Joe Blow & wife take out a mortgage.  She is subsequently placed under guardianship.  They start a new refi & because he doesn't know anything about real estate law, she goes to the closing & signs documents.  Then, unfortunately, the foreclosure starts & the bank whirls around ready to sue...who?  No title examiner, no attorney with a bad title certification; no title insurance policy.   Maybe they can sue the judges who don't do real estate work, but who think that this is a great deal for everyone involved.

I actually did a title for the above listed Joe Blow.  His wife was under guardianship  & she was signing all kinds of mortgages with fly by night lenders.  Or how about the guy who put the house in his kindergartner's name to avoid creditors & then tried to record a deed back to himself, with him signing on behalf of his child, who was still in the Crayola stage.  No need for a guardianship there or a license to sell - he literally signed his child's name to the deed.  The notary caught it , of course.