Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Experience closing short sales w/transactional funding? - Eric Michaels/IL (21 replies)
9/3/2009 1:03:46 AM (4031 views)

[+] selling searches - edward hartung/OH (8 replies)
8/31/2009 11:04:12 PM (4266 views)

new client, trust title - WAYNE QUICK/NC
8/31/2009 6:54:42 PM (3770 views)

[+] Cleary Title - Robin Ramberg/MI (1 reply)
8/30/2009 8:32:56 PM (5046 views)

[+] Abstractor Fees - Tena Grice/TX (4 replies)
8/28/2009 11:40:47 PM (7206 views)




SOT maintenance notice - Slade Smith/OH
8/28/2009 1:45:08 PM (3340 views)

[+] Abstractor Watchdog - Nils Nelson/ME (3 replies)
8/27/2009 6:32:24 PM (4549 views)

[+] Service 1st Valuation and Settlement Services - VIVIAN SLYKER/OH (1 reply)
8/25/2009 3:16:23 PM (4670 views)

[+] Payment - Jana Urban-Buzek/OH (1 reply)
8/25/2009 12:15:50 PM (4306 views)

[+] Database Designed for Abstracting Companies - James Baker/AL (26 replies)
8/22/2009 10:18:57 PM (4542 views)

[+] Fico Scores - Jack Johanson/PA (2 replies)
8/21/2009 3:29:25 PM (3973 views)

[-] Mortgage Fraud the new target! - David Chisolm/MS (4 replies)
8/20/2009 2:51:56 PM (5166 views)
Re: Mortgage Fraud the new target! - Patrick Scott/IL
8/22/2009 1:04:53 AM (5849 views)

David,

That is an interesting story.  I agree with you that the abstractor is probably the last party that should have suffered the claim.  When property is conveyed from an entity other than a natural person, there is additional due diligence required by the title agent.  This would include Articles if Incorporation, if applicable, a resolution by a board of directors, if applicable, trust agreement and all amendments thereto, whatever is necessary to ensure that the conveying party has the authority to do so.  Much of what is needed may not even be available to the abstractor.

It would be interesting to know how the LLC acquired title to the property in the first place.  Is there more to the story?

 

to post a reply: login - or - register


Re: Mortgage Fraud the new target! - george Hubka/MI
8/22/2009 3:33:49 PM (5927 views)
Re: Mortgage Fraud the new target! - David Chisolm/MS
8/22/2009 3:48:17 PM (5778 views)
Re: Mortgage Fraud the new target! - Patrick Scott/IL
8/23/2009 2:13:55 AM (5632 views)

[+] A big 'thank you' to the OAITA! - Robert Franco/OH (3 replies)
8/20/2009 9:58:47 AM (5417 views)

[+] A.I.T.F. Retrieval Services - Ray Glowniak/CA (8 replies)
8/19/2009 2:10:55 PM (5582 views)

abstractorleads.com - PJ/CA
8/19/2009 12:27:57 PM (4937 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8973 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Title Resources Group Welcomes New Regional Manager
Title Resources Group, one of the nation's leading title insurance underwriters, is pleased to welcome Jalila Dado as Re...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“The ongoing conflict in the Middle East continues to push rates higher. Mortgage rates last week increased to the...
NAHB Debuts New Resource That Estimates Quarterly Remodeling Spending by State
Based on a proprietary model developed by NAHB, the SPR on a quarterly basis provides a state-level estimation of the ma...
Home Prices Increased in 71% of Metro Areas in First Quarter of 2026
“Home prices continued to increase in many markets, boosting housing wealth for most homeowners,” said NAR C...
New Home Sales Rise, Supported by Limited Existing Inventory
“An uptick in new home sales reflects improving demand conditions, supported by a modest pullback in mortgage rate...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.