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Would First American Have Won Its Case With Banks Over No-Search Title Policies?
In the past few years, Bank of America and Key Bank settled their lawsuits against First American over hundreds of disputed title claims on no-search title policies mostly covering second mortgages.  This leaves the question: who would have won if the cases had gone to trial?  A case from last year may provide clues.
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Whatcom County Washington Begins E-Recording
Whatcom County, Wash., has initiated electronic recording (e-recording) of land record documents, according to e-recording service provider Simplifile.
RealtyTrac: Foreclosure Activity Dips to 74 Month Low
Foreclosure data provider RealtyTrac has released its U.S. Foreclosure Market Report for April 2013, showing that total foreclosure activity in April was at the lowest level since February 2007, a 74-month low.  Ohio joined Florida and Nevada as the states with the highest foreclosure rates, and Akron, Ohio posted the highest foreclosure rate of all cities nationwide.
AccuSearch Company
MBA Weekly Report: Seven-Week Slide in Interest Rates Ends
Mortgage applications decreased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2013. Mortgage interest rates finally edged up after falling for seven consecutive weeks.
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Wisconsin Governor Proposes Register of Deeds Fees
Governor Walker has proposed increasing the fee for recording or filing most legal instruments with a county Register of Deeds from $25 to $30 in the 2013-15 biennial budget.
Buyer beware: problem foreclosure purchase
The initial foreclosure action document shows only one lot. But later documents do, in fact, show the lot in question had somehow been added to the paperwork in the process.
Former Bremer Co. Iowa recorder pleads guilty to theft from office
Donna Ellison, 59, admitted to covering her tracks to hide the theft as she pleaded guilty to felonious misconduct in office and third-degree theft Monday in Bremer County District Court on May 13th.
96,000 borrowers shortchanged in mortgage settlement
Checks meant to compensate mortgage borrowers who fell victim to foreclosure abuses have finally started arriving in mailboxes -- but many of the checks have come up short.
How 3 other states handle title insurance
A Texas article examines title insurance in California, New Mexico, and Iowa.
RamQuest, Guardian Consumer Services Unveil Closing Platform
RamQuest, Inc. and Guardian Consumer Services unveiled their new Digital Close platform at last week's ALTA Federal Conference.
Counties Lose Transfer Tax Suit against MERS, Banks, Fannie and Freddie
A federal district court judge has dismissed a county recorder lawsuit against MERS and several MERS member financial institutions, calling the claims "far-fetched" and based on "inaccurate statements of the law."  The lawsuit, which was filed by Curtis Hertel and Nancy Hutchins, the county recorders in Ingham County and Branch County, Michigan on behalf of all Michigan counties, alleged that MERS and its member banks were improperly claiming exemptions from the state's county real estate transfer tax.
Can a Title Agent's Bank be Held Responsible for their Escrow Theft?
In recent years, title insurers have had to pay out hundreds of millions in claims because crooked title agents have misappropriated (read: stolen) money that was entrusted to them in closing real estate transactions.  But in a novel case, one of those title insurers, First American, is claiming that the bank that hosted the crooked agent's escrow account should have known about and stopped the theft, and is therefore responsible for it.  And it just might work: they just got passed an early legal hurdle in the case.
2012 Title Insurance Industry Performance-- In Graphs
2012 was by far the best year for the title insurance business in many years, by a number of measures, based on analysis of the industry financial data released by ALTA this week. 
A Title Agent Who Buried Her Head in the Sand Serves a Lengthy Prison Sentence
If you are a title agent, burying your head in the sand and ignoring multiple red flags that indicate that you are likely closing a fraudulent transaction may not help you much when you are later accused of participating in the fraud.
On the Blogs

Pennsylvania Supreme Court Reaffirms Dunham Rule
Blurbs from the Bossman
2013/05/06
0 comments

Why the cost of Closing Protection Coverage has increased in Ohio
Source of Title Blog
2013/05/02
1 comments

Where is my loan? Who am I making payments to?
ProTitleUSA Foreclosure Defense and Offense Blog
2013/04/28
0 comments

Can title be transferred or mortgage assigned to Fannie or Freddie?
ProTitleUSA Foreclosure Defense and Offense Blog
2013/04/08
2 comments

"I was never a Robo-signer" - You are a Robo-signer and you just don't know it.
ProTitleUSA Foreclosure Defense and Offense Blog
2013/04/01
3 comments

Should Securitization become a part of the Title Exam? SEC vs Title Violations
ProTitleUSA Foreclosure Defense and Offense Blog
2013/03/21
3 comments

Fraudulent use of Scanned Notary Stamps and/or Signatures, is it possible?
ProTitleUSA Foreclosure Defense and Offense Blog
2013/03/14
7 comments

Anti-Proposition 8 Arguments Based on Feelings, Not Facts
Blurbs from the Bossman
2013/03/03
11 comments

A SHINING EXAMPLE OF WHY I HATE E-SIGNATURES
CHARLENE PERRY's Blog
2013/02/08
0 comments

Maryland Court of Appeals decision has far-reaching consequences
CHARLENE PERRY's Blog
2013/02/05
1 comments

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Title Search/Doc Retrievals in 8 States
March 21 2013
Covering ALL counties in:
Arizona, Idaho, Illinois, Montana, Nevada, Oregon, Texas & Washington

We specialize in all land and court records!

We do it ALL:

. Document Retrieval
. Current Owner Reports
. Document Recordings
. Updates
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