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[+] ESS Solutions - Christine Marley/IN (7 replies)
3/1/2012 5:03:53 PM (5369 views)

[+] Fidelity National updates requirements for title searches - CHARLENE  PERRY/MD (17 replies)
2/29/2012 2:16:19 PM (5056 views)

[+] What happens when a 2nd mortgage - Tempie Elder/GA (5 replies)
2/28/2012 11:20:19 AM (4607 views)

[-] Mortgage avoided by bankruptcy judge due to improper acknowledgement - Leigh Attridge/MA (4 replies)
2/25/2012 6:21:24 PM (6446 views)
Interesting reading in any state - Bobbi Shorthouse, Notary Public/CT
2/27/2012 1:45:30 PM (5217 views)
Re: Interesting reading in any state - Leigh Attridge/MA
2/27/2012 2:58:00 PM (5157 views)
Re: Interesting reading in any state - Patrick Scott/IL
2/27/2012 9:47:02 PM (5121 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.

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Re: Interesting reading in any state - Leigh Attridge/MA
2/27/2012 10:57:39 PM (5470 views)

[+] 351 year old will sparks bitter dispute in Massachusetts - Leigh Attridge/MA (5 replies)
2/24/2012 9:44:22 PM (5680 views)




[+] Price of fuel and work? - Carla Curry/KY (5 replies)
2/23/2012 7:24:18 PM (4075 views)

[+] not being paid - CHRISTINE POPISH/PA (38 replies)
2/22/2012 7:43:31 PM (5042 views)

not being paid - CHRISTINE POPISH/PA
2/22/2012 7:43:29 PM (3922 views)

[+] Ridiculous Collection Practices - K C/NJ (8 replies)
2/22/2012 1:13:23 PM (4530 views)

[+] Absurd fee dispute - Dan Zook/NY (5 replies)
2/22/2012 11:21:34 AM (4531 views)

[+] NY Project - George Fushi/IL (2 replies)
2/22/2012 10:08:31 AM (4411 views)

[+] doc rns - Joan Howland/CT (8 replies)
2/20/2012 7:22:10 PM (4303 views)

[+] Capstone Title, Kentucky - Karen Hurley/KY (8 replies)
2/20/2012 3:26:36 PM (5301 views)

[+] 21st Century National Abstraction/Deana Moore - Jason Knowles/AL (5 replies)
2/20/2012 10:25:21 AM (4647 views)

[+] EXLZoom Ever heard of them? - Alix Ott/MI (1 reply)
2/17/2012 8:54:02 AM (4396 views)


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