I found this lawsuit to be a perfect case study in what I would title “ How to Destroy Faith in the U.S. Mortgage Backed Security [...]
|
||||||
|
I’ve been in the data privacy and information security business for more than 20 years and there sure have been a lot of changes. I have really seen this industry grow up, particularly in the last nine years since I founded Privacy Solutions. Now privacy has its own official day- today. January 28th is International [...] I just got a pre-declined credit card in the mail. I ordered a burger at McDonald’s and the kid behind the counter asked, ”Can you afford fries with that?” CEO’s are now playing miniature golf. If the bank returns your check marked ”Insufficient Funds,” you call them and ask if they meant you or them. Hot Wheels and Matchbox [...] Another example of poor title work in the foreclosure process. A Massachusetts Land Court Judge invalidated a foreclosure that took place in Springfield. In his decision, he reasoned that since an assignment to the foreclosing lender was recorded after the foreclosing documentation, the foreclosure was invalid. So, if a foreclosure is invalid, can the prior owner [...] It would be nice to hear some good news about a title company these days. The industry is certainly being clobbered on a regular basis. When is the last time we tooted our horn about paying a legitimate claim? We DO pay legitimate claims – do we not? All we seem to hear about are [...] Similar to County Assessors using a pre-foreclosure sale price for assessed value, Jurisdictions in Maryland are struggling with the issue of how to calculate transfer taxes on short sales, stating that transfer taxes on short sales are not to be calculated on the sales price, but rather on the sales price PLUS the amount of [...] |
||||||
|
Copyright © 2010 Landrecs.com – Land Title Consulting & Education - All Rights Reserved |
||||||