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[+] Helping out a fellow abstractor - Rebecca Cowart/MS (2 replies)
10/12/2011 6:46:33 AM (2616 views)

[-] Mis-using RESPA SECTION 9 ? - edward hartung/OH (7 replies)
10/10/2011 2:15:03 PM (2777 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 3:22:57 PM (2467 views)

I'm not sure I completely understand what you are asking.  However, Section 9 of RESPA states:

No seller of property that will be purchased with the assistance of a federally related mortgage loan shall require directly or indirectly, as a condition to selling the property, that title insurance covering the property be purchased by the buyer from any particular title company.

Applying this section gets a little bit murkey where the seller pays some, but not all, of the title insurance premium.  Regardless of who pays for the Owner's Policy, the buyer is most likely still paying for the Lender's Policy.  Thus, it would seem that if the Seller requires a particularly title company, Section 9 has been violated.

 

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Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 3:53:09 PM (2391 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 5:19:06 PM (2402 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 6:47:28 PM (2308 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 7:03:28 PM (2344 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 7:59:12 PM (2302 views)
Re: Mis-using RESPA SECTION 9 ? - Patrick Scott/IL
10/10/2011 7:14:44 PM (2265 views)

[+] Boston National in NC Bad Pay - Deborah Jackson/GA (5 replies)
10/10/2011 11:37:52 AM (2785 views)

[+] Question for VMs and Title Agents - Scott Perry/PA (9 replies)
10/10/2011 10:49:01 AM (2668 views)

[+] Robosigning 2 Mortgage Foreclosure File Reviewers - Leigh Attridge/MA (1 reply)
10/10/2011 9:20:36 AM (4107 views)




When the Uprooted Put Down Roots - Leigh Attridge/MA
10/10/2011 9:11:29 AM (3757 views)

Update Your Directory Listing! - Robert Franco/OH
10/7/2011 3:41:48 PM (2019 views)

Squatters' Rights - Leigh Attridge/MA
10/5/2011 4:26:59 PM (3807 views)

[+] Full copies - H/GA (6 replies)
10/4/2011 11:54:56 PM (3068 views)

[+] CONDO and HOA liens; FYI new law - CHARLENE  PERRY/MD (4 replies)
10/4/2011 11:18:26 AM (2843 views)

[+] Abstrax LLC Apologizes - Leigh Attridge/MA (4 replies)
10/3/2011 4:34:36 PM (3330 views)

[+] Comment on "Not Quite Fixed" - Source of Title/OH (3 replies)
10/3/2011 2:26:16 PM (2767 views)

[+] RedVision - Alix Ott/MI (3 replies)
10/3/2011 1:51:22 PM (4209 views)

[+] Bank of America Gets Foreclosed On! - Edward Huguenin/SC (16 replies)
10/2/2011 9:26:47 AM (4770 views)

[+] Abstracts USA back? - Brandon/MI (1 reply)
9/27/2011 10:28:20 AM (3071 views)


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