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[+] Mortgage Connect ???? - george Hubka/MI (4 replies)
3/16/2012 10:16:47 AM (4833 views)

[+] Question on Effective Dates - Mallory Strawser/CA (6 replies)
3/14/2012 4:51:48 PM (3867 views)

[+] Info you just can't get from off shore or on-line searching! - Jay Duncan/MO (3 replies)
3/14/2012 10:20:51 AM (4732 views)

[+] Southern Land & Title/Coosa Valley Abstracting/West Georgia Abstractors - Cherie Smurthwaite/CA (10 replies)
3/13/2012 8:59:46 PM (8600 views)

[+] 3S RealServ / SteeleSoft Inc/ RealEasi/ EasiTitle Non Payment to Title Searchers - Matt Burger/VA (3 replies)
3/13/2012 3:39:26 PM (7312 views)




Bank Officials Cited in Churn of Foreclosures - Leigh Attridge/MA
3/13/2012 10:58:21 AM (5169 views)

[+] Does anyone know whatever happened to US Land Title? - Jacqueline Purcell/CT (2 replies)
3/12/2012 10:34:43 PM (4346 views)

[+] Search by middle name? - F P/VA (18 replies)
3/9/2012 5:11:58 PM (4509 views)

[+] Abstractors Network - Alix Ott/MI (5 replies)
3/8/2012 4:50:48 PM (5628 views)

[+] Third Coast Title?? - Jason Eanes/GA (2 replies)
3/7/2012 7:49:30 PM (5087 views)

[+] National Real Estate - Non Payment to Title Searchers - Amy Dunphy/NJ (3 replies)
3/2/2012 12:59:12 PM (4398 views)

[+] ESS Solutions - Christine Marley/IN (7 replies)
3/1/2012 5:03:53 PM (5134 views)

[+] Fidelity National updates requirements for title searches - CHARLENE  PERRY/MD (17 replies)
2/29/2012 2:16:19 PM (4803 views)

[+] What happens when a 2nd mortgage - Tempie Elder/GA (5 replies)
2/28/2012 11:20:19 AM (4406 views)

[-] Mortgage avoided by bankruptcy judge due to improper acknowledgement - Leigh Attridge/MA (4 replies)
2/25/2012 6:21:24 PM (6207 views)
Interesting reading in any state - Bobbi Shorthouse, Notary Public/CT
2/27/2012 1:45:30 PM (4868 views)
Re: Interesting reading in any state - Leigh Attridge/MA
2/27/2012 2:58:00 PM (4844 views)
Re: Interesting reading in any state - Patrick Scott/IL
2/27/2012 9:47:02 PM (4734 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 (5112 views)


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