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To: Pearls Before Swine

I remember the phrase: The title insurance company insuring the mortgage.


7 posted on 10/04/2010 7:46:30 AM PDT by Sacajaweau (What)
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To: Sacajaweau
NY Times – Old Republic National Title Stops Insuring Titles in Chase Foreclosures

The title says it all.

15 posted on 10/04/2010 7:56:03 AM PDT by Chunga85 ("Foreclosure Fraud", TARP, "Mortgage Crisis", Bailout)
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To: Sacajaweau
I remember the phrase: The title insurance company insuring the mortgage.

I don't think that helps here. They are responsible for what happened before the sale, not afterwards. So, they would defend title problems to the original mortgage holder, but if subsequent mortgage transfers screw up the title, how can they be liable?

16 posted on 10/04/2010 7:56:40 AM PDT by Pearls Before Swine
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