I get a newsletter (ripmcintosh@msn.com -- mostly political stuff) that had an interesting article about title theft. I can't post a link here because of how the newsletter is embedded but I have it saved as a pdf and can send it to you if you like. Here are the first couple/three paragraphs. (email my personal email at alixott@gmail.com if you'd like a copy)
“Title theft” myth persists, but mongers of “protection” against it have slightly improved their mislabeled product
By: William Maffucci,
March 15, 2021
Two years ago, William Maffucci, a real-estate lawyer with Semanoff Ormsby Greenberg & Torchia, LLC, exposed on these pages the myth of “title theft” — i.e., the concept that a criminal could “steal” a house by simply forging the owner’s name on a deed, then “drain the equity” in the house by defrauding a mortgage lender into loaning money against the house, and thus force the actual owner to repay the loan or lose the home through foreclosure [Read the original article here]
Since then, other commentators have joined Maffucci in debunking the myth of “title theft.”
Smart Business spoke with Maffucci to find out how — if at all — the providers of “title lock” protection have reacted.
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