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Real Estate & Property Law

: The Home Equity Theft Reporter

"Foreclosure Warranties" May Be Required When Banks Unload Potentially "Crappy-Titled" REOs Onto Unwitting Public

By r morris

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Bloomberg News reports:Title insurers, banks and regulators are in talks to create warranties under which lenders assure they followed proper procedures before selling foreclosed homes, said Kurt Pfotenhauer, head of the insurers? trade group. ?Everyone sort of sees the same risks, and that?s the good part,? Pfotenhauer, chief executive officer of the American Land Title Association, said [] in a

Full post as published by The Home Equity Theft Reporter on October 13, 2010 (boomark / email).

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