It has been reported that Old Republic Title, known for it’s quality products, thoughtful and cautious underwriting, is declining to write new title policies on Ally and GMAC foreclosures, due to the questionable foreclosure tactics used by the entities performing their foreclosures.

Those purchasing foreclosures should be particularly careful to buy an owner’s policy of title insurance, as many of the foreclosure mills doing the technical work have been shoddy, usingpoor judgment and some even illegal methods to speed the foreclosure process.  See MORE HERE at Palm Beach Post.