Fidelity National Signs Merger Agreement with Stewart Information Services

Fidelity National Signs Merger Agreement with Stewart Information Services

Industry News Monday, March 19, 2018 Fidelity National Financial, Inc. (FNF) has signed a merger agreement to acquire Stewart Information Services Corp. for $1.2 billion in cash and stock. If approved by regulators and stockholders, Fidelity would pay $50 per share of...

Mortgage Note NOT Assigned to Foreclosing Lender?! OOOPS -It’s all in the Details

Interesting case out of Alabama.  See more detail. Her mortgage had been foreclosed, but the mortgagor challenged the foreclosure by appeal, saying the lender who foreclosed had no legal interest because the note was not properly assigned. The appeal court agreed and...

New Construction Homes – Are You Getting the Right Indemnities

Interesting case regarding new construction law. Although out of a Missouri Court, the takeaway still applies. When obtaining a Sworn Statement from a Builder stating that all subcontractors have been paid, do you also obtain a personal indemnity? Do you know the...

Legal Issues Affecting Real Estate and Mortgage Title Closings

Excellent article by  Alston and Bird (AlstonFinance.com) Non-Agency Residential Mortgage Loans in 2014:   A Survey of Legal Issues Affecting the Market. (Read entire article) It covers in a solid overview of : Qualified Mortgages QRM and Risk Retention Due Diligence...