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[+] Mortgage Connect ???? - george Hubka/MI (4 replies)
3/16/2012 10:16:47 AM (4814 views)

[+] Question on Effective Dates - Mallory Strawser/CA (6 replies)
3/14/2012 4:51:48 PM (3851 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 (4718 views)

[+] Southern Land & Title/Coosa Valley Abstracting/West Georgia Abstractors - Cherie Smurthwaite/CA (10 replies)
3/13/2012 8:59:46 PM (8586 views)

[+] 3S RealServ / SteeleSoft Inc/ RealEasi/ EasiTitle Non Payment to Title Searchers - Matt Burger/VA (3 replies)
3/13/2012 3:39:26 PM (7301 views)




Bank Officials Cited in Churn of Foreclosures - Leigh Attridge/MA
3/13/2012 10:58:21 AM (5149 views)

[+] Does anyone know whatever happened to US Land Title? - Jacqueline Purcell/CT (2 replies)
3/12/2012 10:34:43 PM (4332 views)

[+] Search by middle name? - F P/VA (18 replies)
3/9/2012 5:11:58 PM (4494 views)

[+] Abstractors Network - Alix Ott/MI (5 replies)
3/8/2012 4:50:48 PM (5618 views)

[+] Third Coast Title?? - Jason Eanes/GA (2 replies)
3/7/2012 7:49:30 PM (5077 views)

[+] National Real Estate - Non Payment to Title Searchers - Amy Dunphy/NJ (3 replies)
3/2/2012 12:59:12 PM (4390 views)

[+] ESS Solutions - Christine Marley/IN (7 replies)
3/1/2012 5:03:53 PM (5126 views)

[+] Fidelity National updates requirements for title searches - CHARLENE  PERRY/MD (17 replies)
2/29/2012 2:16:19 PM (4791 views)

[+] What happens when a 2nd mortgage - Tempie Elder/GA (5 replies)
2/28/2012 11:20:19 AM (4398 views)

[-] Mortgage avoided by bankruptcy judge due to improper acknowledgement - Leigh Attridge/MA (4 replies)
2/25/2012 6:21:24 PM (6197 views)
Interesting reading in any state - Bobbi Shorthouse, Notary Public/CT
2/27/2012 1:45:30 PM (4831 views)
Re: Interesting reading in any state - Leigh Attridge/MA
2/27/2012 2:58:00 PM (4821 views)
Re: Interesting reading in any state - Patrick Scott/IL
2/27/2012 9:47:02 PM (4685 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 (5092 views)


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