Real Title Services
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Bang You're Closed: Threats Stormy Exits & Violence at New York Closings - Leigh Attridge/MA (1 reply)
4/29/2012 9:41:10 AM (6181 views)

[+] Slightly Off-Topic - Scott Perry/PA (18 replies)
4/27/2012 9:30:17 AM (5879 views)

[+] Work Slow Down - Jason Knowles/AL (5 replies)
4/26/2012 3:06:08 PM (4740 views)

[+] Eclipse Real Estate Services - J Nisonger/CA (11 replies)
4/25/2012 4:04:38 PM (5233 views)

[+] ESS/Efficax/Real Estate Streams, et al - Jack Borgland/AL (3 replies)
4/21/2012 12:53:11 PM (6102 views)




[+] Comment on "30 Louisiana Clerks of Court Sue MERS for Thousands per Mortgage" - Source of Title/OH (4 replies)
4/20/2012 6:21:50 PM (4168 views)

TIAC E&O - F P/VA
4/20/2012 2:17:03 PM (3511 views)

[-] Altisource New Requirements - Karen Hurley/KY (8 replies)
4/19/2012 3:10:22 PM (5366 views)
Re: Altisource New Requirements - Patrick Scott/IL
4/19/2012 7:28:28 PM (6861 views)
Re: Altisource New Requirements - F P/VA
4/19/2012 8:29:13 PM (6788 views)
Re: Altisource New Requirements - CHARLENE  PERRY/MD
4/20/2012 1:17:16 PM (6755 views)
Re: Altisource New Requirements - Robert Franco/OH
4/20/2012 1:39:13 PM (6560 views)

I have been involved in a couple of foreclosure cases where the legal descriptions were really screwed up.  In one of them, the lender had not included one of the lots and the house sat squarely on both of them!  My client was not liable on the note and did not want the house, so I tried to explain the problem to the foreclosure firm... I even gave them the legal description and told them to amend their complaint to add a reformation claim.  They did... but screwed that one up too and had to do it all over again. 

The next one was the opposite. The lender only took a mortgage on one 5 acre parcel with a house on it, but the owner also owned the 11 acres next to it with another house on it.  My client had the first mortgage on the 11 acres.  Unfortunately, when the foreclosure firm ordered the title work, it showed the 11 acres, too.  Lender must have thought they intended to mortgage both contiguous parcels so they filed a reformation claim to include the 11 acres, too.  My client was in the midst of working out a deed-in-lieu on that 11 acres and it screwed everything up... took them nearly 6 months to figure out they made a mistake and drop their reformation claim.

The people searching these title need to be very cautious and clear becasue the foreclosure firms clearly do not understand title work... or much else for that matter.

to post a reply: login - or - register


Re: Altisource New Requirements - CHARLENE  PERRY/MD
4/20/2012 1:42:56 PM (6683 views)
Re: Altisource New Requirements - Robert Franco/OH
4/20/2012 9:27:07 AM (6715 views)
If The Legal Doesn't Match, It Doesn't Attach - Scott Perry/PA
4/19/2012 9:57:33 PM (6627 views)
Re: If The Legal Doesn't Match, It Doesn't Attach - george Hubka/MI
4/23/2012 12:43:43 PM (6380 views)

[+] A Rare Apartment Comes on the Market at The Dakota in New York - Leigh Attridge/MA (1 reply)
4/18/2012 5:25:58 PM (5731 views)

[+] Southeast Title and Processing, Lawrenceville, GA - Dianne Barnidge/MS (4 replies)
4/18/2012 5:02:54 PM (4488 views)

[+] Cfacts Flexible Title & Closing Services - Joel Lee/NY (6 replies)
4/18/2012 10:58:10 AM (5039 views)

[+] E&O referral - john rutledge/VA (5 replies)
4/17/2012 8:09:53 PM (4067 views)

[+] I finally get it. - F P/VA (4 replies)
4/17/2012 4:42:34 PM (4113 views)

[+] Altisource - Carrin Reeves/TN (4 replies)
4/17/2012 11:49:01 AM (4382 views)

[+] Comment on "Judge Awards Borrower $3.17M Over Misapplied Mortgage Payments" - Source of Title/OH (3 replies)
4/15/2012 10:01:32 AM (3740 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8977 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Practical Obscurity, Revisited
Blurbs from the Bossman
2026/08/06
0 comments

Beneath Every Closing Lies a Story
Michael Stelzer's Blog
2026/07/18
0 comments

Residential Appraisers: Reclaim Your Time
Will Duncan 's Blog
2026/07/09
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

MBA Offers Cybersecurity Benefit to Help Members Reduce Risk and Respond to Incidents
The Mortgage Bankers Association (MBA) today announced an important new MBA member benefit designed to help mortgage com...
Remodeling Market Sentiment Remains Stable in Third Quarter Despite Headwinds
“Remodeler sentiment remained stable in the third quarter, although remodelers in certain parts of the country con...
First American Mortgage Solutions Launches equiLiteT, a Title Insurance Policy within its equiSolutionsT Home Equity Lending Product Suite
First American Mortgage Solutions LLC, a part of the First American family of companies, today announced the launch of i...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage rates moved to their highest level in almost three years last week, with the 30-year fixed rate reaching...
MBA Opens Doors Foundation Kicks Off 2027 Fundraising Season with More than $3 Million in Donations
The MBA Opens Doors Foundation (Opens Doors) today announced it received $3,093,500 in corporate and individual donation...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.