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[+] Fannie Mae to phase out use of its retained attorney network - CHARLENE  PERRY/MD (2 replies)
10/18/2011 10:58:36 PM (4441 views)

[+] Mass Court rules on Bevilacqua - & it's ugly for good faith purchasers - Leigh Attridge/MA (2 replies)
10/18/2011 7:46:52 PM (4450 views)

[+] Stewart Title bulletin re compliance with Massachusetts REBA v NREIS decision - Leigh Attridge/MA (2 replies)
10/18/2011 1:30:51 PM (5346 views)

[+] RESPA violation? - Louise Jackson/SC (8 replies)
10/17/2011 9:33:11 AM (2893 views)

[+] In Private Wall Street Bankers Dismiss Protestors as Unsophisticated - Leigh Attridge/MA (16 replies)
10/15/2011 8:25:40 AM (4483 views)




[+] This Is Why they hate you & want you to die - Leigh Attridge/MA (13 replies)
10/13/2011 8:21:31 PM (5128 views)

[+] The OWLS gain a following - Kevin Ahern/CT (28 replies)
10/13/2011 3:05:00 PM (4714 views)

[+] Comment on "Supreme Court to Hear Another RESPA Section 8 Case" - Source of Title/OH (3 replies)
10/12/2011 9:34:28 PM (2998 views)

The Way Forward: Going in Circles - Leigh Attridge/MA
10/12/2011 2:18:08 PM (3741 views)

[+] Helping out a fellow abstractor - Rebecca Cowart/MS (2 replies)
10/12/2011 6:46:33 AM (3147 views)

[-] Mis-using RESPA SECTION 9 ? - edward hartung/OH (7 replies)
10/10/2011 2:15:03 PM (3291 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 3:22:57 PM (3736 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 (3580 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 5:19:06 PM (3618 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 6:47:28 PM (3471 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 7:03:28 PM (3589 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 7:59:12 PM (3553 views)
Re: Mis-using RESPA SECTION 9 ? - Patrick Scott/IL
10/10/2011 7:14:44 PM (3533 views)

[+] Boston National in NC Bad Pay - Deborah Jackson/GA (5 replies)
10/10/2011 11:37:52 AM (3246 views)

[+] Question for VMs and Title Agents - Scott Perry/PA (9 replies)
10/10/2011 10:49:01 AM (3289 views)

[+] Robosigning 2 Mortgage Foreclosure File Reviewers - Leigh Attridge/MA (1 reply)
10/10/2011 9:20:36 AM (4729 views)

When the Uprooted Put Down Roots - Leigh Attridge/MA
10/10/2011 9:11:29 AM (4237 views)


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