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 [...]
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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 [...] “…In the modern era, the information is passed automatically to a computer-generated report, which, if wrong, will be a potential claim that will simply be paid out in the future.” (End Quote) Are we now just a casualty [...] Residential mortgage numbers in default are higher than they have been since the Great Depression. Realty Trac, publisher of the country’s largest database of foreclosure activity, estimates that the numbers will continue to increase through the third quarter of 2010 due to high unemployment rates and the reset of interest rates on large groups of [...] Anyone who knows me, knows that I am a bit “quircky” about title insurance. A Geek really. I keep track of fun survey descriptions and silly names that have been recorded. I love the history of surveys for example. My favorite description (to date) begins and ends “At the Stump of the tree, where Philo [...] This is very exciting! Google has opened Google Scholar. We can now search by topic, case law, you can add date and author info to your search. A great tool for the Real Estate Industry with a huge source of information for the title industry. Pluses: Search by State is available |
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