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[+] This Is Why they hate you & want you to die - Leigh Attridge/MA (13 replies)
10/13/2011 8:21:31 PM (5088 views)

[+] The OWLS gain a following - Kevin Ahern/CT (28 replies)
10/13/2011 3:05:00 PM (4678 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 (2971 views)

The Way Forward: Going in Circles - Leigh Attridge/MA
10/12/2011 2:18:08 PM (3718 views)

[+] Helping out a fellow abstractor - Rebecca Cowart/MS (2 replies)
10/12/2011 6:46:33 AM (3106 views)




[-] Mis-using RESPA SECTION 9 ? - edward hartung/OH (7 replies)
10/10/2011 2:15:03 PM (3267 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 3:22:57 PM (3651 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 (3507 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 5:19:06 PM (3534 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 6:47:28 PM (3387 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 7:03:28 PM (3506 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 7:59:12 PM (3464 views)
Re: Mis-using RESPA SECTION 9 ? - Patrick Scott/IL
10/10/2011 7:14:44 PM (3442 views)

[+] Boston National in NC Bad Pay - Deborah Jackson/GA (5 replies)
10/10/2011 11:37:52 AM (3229 views)

[+] Question for VMs and Title Agents - Scott Perry/PA (9 replies)
10/10/2011 10:49:01 AM (3262 views)

[+] Robosigning 2 Mortgage Foreclosure File Reviewers - Leigh Attridge/MA (1 reply)
10/10/2011 9:20:36 AM (4707 views)

When the Uprooted Put Down Roots - Leigh Attridge/MA
10/10/2011 9:11:29 AM (4213 views)

Update Your Directory Listing! - Robert Franco/OH
10/7/2011 3:41:48 PM (2362 views)

Squatters' Rights - Leigh Attridge/MA
10/5/2011 4:26:59 PM (4230 views)

[+] Full copies - H/GA (6 replies)
10/4/2011 11:54:56 PM (3552 views)

[+] CONDO and HOA liens; FYI new law - CHARLENE  PERRY/MD (4 replies)
10/4/2011 11:18:26 AM (3382 views)

[+] Abstrax LLC Apologizes - Leigh Attridge/MA (4 replies)
10/3/2011 4:34:36 PM (3806 views)


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