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[+] Comment on "Supreme Court to Hear Another RESPA Section 8 Case" - Source of Title/OH (3 replies)
10/12/2011 9:34:28 PM (2806 views)

The Way Forward: Going in Circles - Leigh Attridge/MA
10/12/2011 2:18:08 PM (3596 views)

[+] Helping out a fellow abstractor - Rebecca Cowart/MS (2 replies)
10/12/2011 6:46:33 AM (2967 views)

[-] Mis-using RESPA SECTION 9 ? - edward hartung/OH (7 replies)
10/10/2011 2:15:03 PM (3090 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 3:22:57 PM (3302 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 (3203 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 5:19:06 PM (3208 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 6:47:28 PM (3081 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 7:03:28 PM (3173 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 7:59:12 PM (3107 views)
Re: Mis-using RESPA SECTION 9 ? - Patrick Scott/IL
10/10/2011 7:14:44 PM (3074 views)

[+] Boston National in NC Bad Pay - Deborah Jackson/GA (5 replies)
10/10/2011 11:37:52 AM (3108 views)


Real Title Services


[+] Question for VMs and Title Agents - Scott Perry/PA (9 replies)
10/10/2011 10:49:01 AM (3071 views)

[+] Robosigning 2 Mortgage Foreclosure File Reviewers - Leigh Attridge/MA (1 reply)
10/10/2011 9:20:36 AM (4522 views)

When the Uprooted Put Down Roots - Leigh Attridge/MA
10/10/2011 9:11:29 AM (4084 views)

Update Your Directory Listing! - Robert Franco/OH
10/7/2011 3:41:48 PM (2254 views)

Squatters' Rights - Leigh Attridge/MA
10/5/2011 4:26:59 PM (4113 views)

[+] Full copies - H/GA (6 replies)
10/4/2011 11:54:56 PM (3415 views)

[+] CONDO and HOA liens; FYI new law - CHARLENE  PERRY/MD (4 replies)
10/4/2011 11:18:26 AM (3227 views)

[+] Abstrax LLC Apologizes - Leigh Attridge/MA (4 replies)
10/3/2011 4:34:36 PM (3664 views)

[+] Comment on "Not Quite Fixed" - Source of Title/OH (3 replies)
10/3/2011 2:26:16 PM (3129 views)

[+] RedVision - Alix Ott/MI (3 replies)
10/3/2011 1:51:22 PM (4560 views)


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