Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] ESS Solutions - Christine Marley/IN (7 replies)
3/1/2012 5:03:53 PM (5375 views)

[+] Fidelity National updates requirements for title searches - CHARLENE  PERRY/MD (17 replies)
2/29/2012 2:16:19 PM (5059 views)

[+] What happens when a 2nd mortgage - Tempie Elder/GA (5 replies)
2/28/2012 11:20:19 AM (4612 views)

[-] Mortgage avoided by bankruptcy judge due to improper acknowledgement - Leigh Attridge/MA (4 replies)
2/25/2012 6:21:24 PM (6449 views)
Interesting reading in any state - Bobbi Shorthouse, Notary Public/CT
2/27/2012 1:45:30 PM (5237 views)
Re: Interesting reading in any state - Leigh Attridge/MA
2/27/2012 2:58:00 PM (5172 views)
Re: Interesting reading in any state - Patrick Scott/IL
2/27/2012 9:47:02 PM (5140 views)

I see a title claim afoot here.  I think it's pretty safe to say that a hapless title closer got some acknowledgements mixed up and recorded with the wrong mortgages.  Those folks who are named on the acknowledgement are probably making monthly payments on an unenforceable mortgage themselves.

The major lenders all use origination software that automatically populates the information into the loan documents.  I'm sure that includes the acknowledgement.

Whether or not my guess is correct, the title insurance policy insures an enforceable lien.  This lien was judged unenforceable, and thus avoided in the bankruptcy. 

I still think the lack of notice thing is a bunch of bull, however.  The lack of notice argument is based on theory, whereas the fact is that the mortgage was recorded, thereby giving constructive notice.

Theory trumps reality in this case.

to post a reply: login - or - register


Re: Interesting reading in any state - Leigh Attridge/MA
2/27/2012 10:57:39 PM (5484 views)

[+] 351 year old will sparks bitter dispute in Massachusetts - Leigh Attridge/MA (5 replies)
2/24/2012 9:44:22 PM (5685 views)




[+] Price of fuel and work? - Carla Curry/KY (5 replies)
2/23/2012 7:24:18 PM (4077 views)

[+] not being paid - CHRISTINE POPISH/PA (38 replies)
2/22/2012 7:43:31 PM (5044 views)

not being paid - CHRISTINE POPISH/PA
2/22/2012 7:43:29 PM (3926 views)

[+] Ridiculous Collection Practices - K C/NJ (8 replies)
2/22/2012 1:13:23 PM (4537 views)

[+] Absurd fee dispute - Dan Zook/NY (5 replies)
2/22/2012 11:21:34 AM (4532 views)

[+] NY Project - George Fushi/IL (2 replies)
2/22/2012 10:08:31 AM (4414 views)

[+] doc rns - Joan Howland/CT (8 replies)
2/20/2012 7:22:10 PM (4304 views)

[+] Capstone Title, Kentucky - Karen Hurley/KY (8 replies)
2/20/2012 3:26:36 PM (5302 views)

[+] 21st Century National Abstraction/Deana Moore - Jason Knowles/AL (5 replies)
2/20/2012 10:25:21 AM (4651 views)

[+] EXLZoom Ever heard of them? - Alix Ott/MI (1 reply)
2/17/2012 8:54:02 AM (4402 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8975 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Beneath Every Closing Lies a Story
Michael Stelzer's Blog
2026/07/18
0 comments

Residential Appraisers: Reclaim Your Time
Will Duncan 's Blog
2026/07/09
0 comments

ATTENTION CIOs, CTOs, VENDOR MANAGERS, AND SUPPLIER MANAGERS
Will Duncan 's Blog
2026/06/15
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

MISMO to Launch FRAME Interactive Workshop, Put AI Governance into Practice
"Everyone is trying to figure out how to use AI effectively, but just as importantly, how to do it responsibly," said MI...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Following last week’s spike in oil prices, mortgage rates moved higher, with the 30-year fixed rate increas...
Foreign Buyers Purchased $45.3 Billion Worth of U.S. Homes from April '25 to March '26
“The decline in foreign home buyer activity mirrors the decline in international visitors and tourists to the Unit...
Second Century Ventures Announces 8 Companies for 2026 REACH Commercial Scale-Up Program
Second Century Ventures, the strategic investment arm of the National Association of REALTORS® and the most active ...
New Home Sales Edge Higher as Affordability Challenges Persist
“New home sales are gaining some momentum at the more affordable range of the market, with homes priced below $300...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.