Category Archives: chain of title

Last nights 60 Minutes expose’ on the foreclosure crisis! (Video)

In case you missed the 60 Minutes story on the foreclosure crisis, here it is! Introduction to the foreclosure crisis From an article here last week, Hallmark Abstract Sentinel readers knew the following: @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; […]

Is MERS attempting to put the genie back into the bottle with yesterdays Announcement?

MERS – The Mortgage Electronic Registration System issues an Announcement that appears to be an attempt to put the genie back into the bottle Summary: MERS has told its members not to foreclose in its name on home loans, effective immediately. As a recap for those not closely following the issues surrounding MERS and foreclosures, […]

Buyers are not afraid of buying bank REO’s! (chart)

Despite the questions swirling around foreclosures, the survey says that the majority of Americans are still willing to buy Over the last few months The Hallmark Abstract Sentinel as well as the partners of Hallmark Abstract Service have tried to outline all of the issues that exist in the world of foreclosures that can potentially […]

Ibanez ruling in Mass. could have far reaching impact on foreclosures

The ruling by the Massachusetts State Judicial Court upheld a lower court ruling that US Bancorp did not have standing to foreclose on the loan of Antonio Ibanez. The issue concerned the banks inability to produce a document chain that showed them as the rightful holder of the note and mortgage with the standing to […]