Monthly Archives: December 2010

Search Negligence Bars Subrogation Claim Against Seller

An Ohio court says that a title insurer’s negligence in failing to discover a right of first refusal is a sufficient reason to keep it from collecting for breach of warranty against the seller to the insured. However, the court … Continue reading

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The Housing Market

Meanwhile the housing market remains uneven. Existing home sales rose 10% in October while home prices continued to fall dropping 0.7% in September according the Case-Shiller index. A deeper look at the numbers shows that prices are falling the most … Continue reading

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Webinar for Surveyors

Gary Kent, Chair of the ALTA Liaison Committee with the ASCM, will be presenting a webinar for surveyors on January 12, 2011, explaining the changes from the 2005 standard and discussing some of the detailed field work and surveying concepts … Continue reading

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Foreclosure errors are hitting more innocent homeowners

By Michelle Conlin USA TODAY   Christopher Marconi was in the shower when he heard a loud banging on his door. By the time he grabbed a towel and hustled to his front step, a U.S. marshal‘s sedan was peeling … Continue reading

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National Commission on Fiscal Responsibility and Reform Final Report

President Obama’s National Commission on Fiscal Responsibility and Reform issued its final report which endorsed a mix of spending cuts (including entitlements) and reforming the tax code. While a majority of the panel endorsed the plan, it fell short of … Continue reading

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Ben Bernanke speaks to 60 Minutes

Federal Reserve Chairman Ben Bernanke gave a rare interview to 60 Minutes last night to build consensus around the Fed’s latest round of bond purchases designed to lower interest rates on long term loans like mortgages. Bernanke reiterated that the … Continue reading

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Foreclosure Crisis

Rep. Mary Kaptur (D-OH) has made good on her threat (highlighted in the November 22 Advocacy Update) to introduce a bill requiring HUD to study a federal land title system. HR 6460, the “Transparency and Security in Mortgage Registration Act … Continue reading

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