Category Archives: foreclosure crisis

Wells Fargo: Systemic Problems Or A Bank That’s Simply Too Big To Be Run Well?

is wells fargo a criminal enterprise?

Is the Wells Fargo bogus bank account fiasco a one-off problem or symptom of a systemic problem with the way in which the bank is being run? Well the truth is that whether the problem at Wells Fargo is an ongoing and systemic one or simply a matter of a bank with business interests so […]

Marketing, Foreclosures and Public Speaking!

Hallmark Abstract Service New York Title Insurance

What do these three topics have in common? Not that much really but if you are in business and/or involved in the real estate market they all can have an impact on you in one way or another! Attorney’s and Website Marketing The first article is focused on law firms and the fact that while […]

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; […]

Foreclosure takes an emotional toll as well as a legal and financial one

Foreclosure and ALL its potential ramifications beyond simply losing a home Whenever I receive a new article from Mandelman Matters I know that it will at the very least be informative and sometimes, as it was this morning, an important read for a variety of other reasons. Having recently taught a CLE class on the […]

NY CLE presentation on the foreclosure crisis and the practice of law (Video)

Continuing Legal Education (CLE): “The effects of the foreclosure crisis on the practice of law: How to avoid the pitfalls” On March 10, 2011, Hallmark Abstract Service was honored to participate in a CLE program that was produced jointly by the Westchester Women’s Bar Association and the Puerto Rican Bar Association. Attended by approximately 50 […]

MERS 101 (Video)

If you have heard anything about the foreclosure crisis, you’ve heard about MERS! This video discusses some of the background of MERS, the Mortgage Electronic Registration System. With over one half of the nations mortgages “held” in its database, MERS is at the center of the controversy surrounding 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 […]

Title insurance and protecting yourself in a foreclosure purchase

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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 […]