Category Archives: REO

Title insurance and protecting yourself in a foreclosure purchase

@font-face { font-family: “Cambria”; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 10pt; font-size: 12pt; font-family: “Times New Roman”; }div.Section1 { page: Section1; } Protecting your investment being purchased within the foreclosure crisis maze As we discussed through the example we gave in the article on Saturday of a denied title policy, it is critical for […]

An example of a denied title policy due to the foreclosure crisis

Foreclosures, REO’s (real estate owned) and auctions on the courthouse steps have one thing in common: A critical need for the buyer to make sure that they can get clear title, owner’s title insurance (owner’s policy) and, in the case of an auction on the courthouse steps, to ascertain beyond a reasonable doubt that the […]

American Banker: New wrinkle in the foreclosure mess

New Point of Foreclosure Contention: Default Notice Last year’s robo-signing scandals delayed tens of thousands of foreclosures in the 23 states where the process is handled in court. A new controversy could complicate foreclosures in the other 27 states. At issue is the notice of default, the first letter that a mortgage lender or servicer […]

Hallmark Abstract on the radio

Hallmark Abstract on the radio Discussion of foreclosure, robo-signing, standing, MERS and more Michael Haltman will be appearing on The Real Wealth Radio Show hosted by Kathy Fettke on 1220 KDOW in San Francisco. The show will cover some of the many issues surrounding foreclosures, and can be heard live at 1:00 PM EST by […]

Foreclosure opinion from ALTA

The Docket: Ibanez Ruling Spells Out Proper Foreclosure Procedure January 18, 2011 The Docket is a monthly TitleNews Online feature provided by ALTA’s Title Counsel Committee that reviews significant court rulings and other legal developments, and explains the relevance to the title insurance industry. Citation: U.S.National Bank Association, trustee vs. Antonio Ibanez (and a consolidated […]