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[+] Helping out a fellow abstractor - Rebecca Cowart/MS (2 replies)
10/12/2011 6:46:33 AM (3317 views)

[-] Mis-using RESPA SECTION 9 ? - edward hartung/OH (7 replies)
10/10/2011 2:15:03 PM (3479 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 3:22:57 PM (4342 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 (4135 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 5:19:06 PM (4278 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 6:47:28 PM (4072 views)
Re: Mis-using RESPA SECTION 9 ? - Robert Franco/OH
10/10/2011 7:03:28 PM (4204 views)
Re: Mis-using RESPA SECTION 9 ? - edward hartung/OH
10/10/2011 7:59:12 PM (4144 views)
Re: Mis-using RESPA SECTION 9 ? - Patrick Scott/IL
10/10/2011 7:14:44 PM (4106 views)

[+] Boston National in NC Bad Pay - Deborah Jackson/GA (5 replies)
10/10/2011 11:37:52 AM (3460 views)

[+] Question for VMs and Title Agents - Scott Perry/PA (9 replies)
10/10/2011 10:49:01 AM (3538 views)

[+] Robosigning 2 Mortgage Foreclosure File Reviewers - Leigh Attridge/MA (1 reply)
10/10/2011 9:20:36 AM (4992 views)




When the Uprooted Put Down Roots - Leigh Attridge/MA
10/10/2011 9:11:29 AM (4471 views)

Update Your Directory Listing! - Robert Franco/OH
10/7/2011 3:41:48 PM (2606 views)

Squatters' Rights - Leigh Attridge/MA
10/5/2011 4:26:59 PM (4518 views)

[+] Full copies - H/GA (6 replies)
10/4/2011 11:54:56 PM (3828 views)

[+] CONDO and HOA liens; FYI new law - CHARLENE  PERRY/MD (4 replies)
10/4/2011 11:18:26 AM (3676 views)

[+] Abstrax LLC Apologizes - Leigh Attridge/MA (4 replies)
10/3/2011 4:34:36 PM (4074 views)

[+] Comment on "Not Quite Fixed" - Source of Title/OH (3 replies)
10/3/2011 2:26:16 PM (3481 views)

[+] RedVision - Alix Ott/MI (3 replies)
10/3/2011 1:51:22 PM (4931 views)

[+] Bank of America Gets Foreclosed On! - Edward Huguenin/SC (16 replies)
10/2/2011 9:26:47 AM (5657 views)

[+] Abstracts USA back? - Brandon/MI (1 reply)
9/27/2011 10:28:20 AM (3754 views)


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