Relevant:
- Florida Attorney Retracts Robo-Signing Allegations Against Nationwide Title Clearing
- BofA Agrees to Indemnify Title Co. on Foreclosure Sales
- Largest Title Insurer Demands Lender Indemnity Covering Foreclosure Fraud; Is this Kicking the Can or Part of the Solution?
- Florida foreclosure firm's title insurer won't insure firm's foreclosure titles
- After Foreclosure, a Focus on Title Insurance
2011-01-20 — mortgageorb.com
"The presence of a foreclosure in the chain of title does not alter the title industry's duty to provide title assurance to parties involved in the transaction. However, the ability of the industry to provide that assurance becomes more challenging when the credibility of the foreclosure process is damaged by process and documentation deficiencies. Allegations of affidavit issues, robo-signing, notary irregularities, or incorrectly endorsed or assigned promissory notes are serious, but stakeholders can work together to resolve any uncertainty and restore credibility to the system equitably. After all, everyone has a stake in the outcome."
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