Monthly Archives: November 2010

Loan Broker Not A Sub-Escrowee

Here is an interesting case on a sub-escrowee ruling. Residential Mortgage Capital v. Chicago Title Ins. Co., 2010 WL 3621871 (Cal. App. 1 Dist.)(unpublished) November Title Insurance Law Newsletter – Escrow

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Escrowee Collects From Homeowner’s Insurer When Premium Not Paid Through Escrow

This case is yet another reminder that the escrowee or closer can face significant liability if it fails to bind or permanently secure insurance¬† as instructed. Chicago Title Ins. Co. v. AMZ Ins. Services, Inc., 188 Cal.App 4th 401, 115 … Continue reading

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Reformation due to Mutual Mistake

In the attached document, we see the rather prosaic decision worth noting as the frequency with which this issue recurs has increased. America’s Wholesale Lender v. Gurinian, 2010 WL 3984750 (Mass Land Ct.) (unpublished) Pages from November Title Insurance Law … Continue reading

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Realtors group lobbies against credit-score hits once equity-line limits are cut

By Kenneth R. Harney Washington Post One of the more perverse consequences of tighter credit markets is the negative impact on FICO scores of borrowers with good credit histories. Ken Harney reports on a quirk in the credit score formula … Continue reading

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Outsmart the IRS

Every tax filing season the majority of small businesses throw away more money than necessary simply because they aren’t aware of all the valuable deductions and benefits they can claim. Join LTI on 11/30 and discover how to root out … Continue reading

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ALTA’s 2011 Federal Conference

Last week the 93 freshmen members of the House of Representatives and 16 freshmen Senators came to Washington for their orientation. ALTA’s 2011 Federal Conference, which will be held March 13-16 at the Liaison Hotel in Washington, D.C. offers us … Continue reading

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Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing

ALTA President Anne Anastasi participated in that marathon hearing in the House on the foreclosure crisis (The hearing was titled “Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing.”) and was able to defend and promote the … Continue reading

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