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8 Jun 2020, 12:36 pm
Banks are Sued By Loan Applicants On the heels of these developments, two recent lawsuits challenge banks’ augmenting statutorily-express PPP eligibility requirements, as summarized below. [read post]
5 Apr 2011, 5:09 am
The net funds were wired to Universal Land Title, Inc. [read post]
22 Oct 2012, 10:05 am
The opinions expressed are those of the author and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. [read post]
20 Jun 2022, 6:54 am
The CFPB’s new blog post titled “Buy Now, Pay Later and Credit Reporting” appears intended to send a message about the CFPB’s expectations to industry. [read post]
22 May 2014, 8:31 am
This was because: (1) there was no guarantee such a lawsuit would succeed, (2) if the lender received the equitable subrogation to which it was entitled, there would be no loss for the title insurance company to indemnify, and (3) if sued by the lender, the title insurance company might be entitled to assert lender's right to equitable subrogation. [read post]
18 Jul 2008, 3:07 pm
When the mortgage lender subsequently sells the property the purchaser of the property must pay all outstanding tax liability in order to get clear title. [read post]
1 May 2013, 7:53 am
Buyers and sellers of real property intending to grant or reserve oil, gas and minerals must express such intent in the deed. [read post]
13 Apr 2017, 5:55 am
Both the oversight board and the new Commonwealth administration have expressed a strong preference for restructuring the Commonwealth’s debt through the use of Title VI. [read post]
30 Apr 2020, 4:09 pm
We stay closer to the title company officers and lenders to assure proper supervision of the closing process. [read post]
31 Jan 2009, 10:37 am
When I think of the case in the context of title insurance policies, it becomes clear that a title insurer’s duty to defend adds a very significant advantage when title insurance coverage is purchased by a home purchaser or lender. [read post]
16 Jan 2014, 12:51 pm
” Democratic lawmakers expressed confidence that the QM rule is needed to protect borrowers against predatory lender practices. [read post]
12 Feb 2015, 2:00 am
Under the current version of Title 56 (20 Pa.C.S.A. [read post]
12 Feb 2015, 2:00 am
Under the current version of Title 56 (20 Pa.C.S.A. [read post]
8 May 2010, 11:23 am
” The purpose of section 29(2) of the Land Title Act is to protect purchasers of land, or others taking an interest in land such as lenders taking a mortgage, from claims that are not registered on the title. [read post]
8 Aug 2019, 9:56 am
A new CFPB blog post titled “An update on credit access and the Bureau’s first No-Action Letter” provides a boost to lenders using alternative data and machine learning in their underwriting models. [read post]
24 May 2016, 1:13 pm
In Florida, most lenders (who are acting as a seller) will provide a Special Warranty Deed in any residential real estate sale that involves an REO property in order to limit that lender’s exposure for past title problems (that happened before they got title in the foreclosure lawsuit). [read post]
29 Aug 2014, 12:58 pm
Another CFPB webpage titled "What is the difference between an online payday lender and one with a storefront? [read post]
4 Aug 2011, 3:04 pm
Feb.18, 2011) (“MERS is the owner and holder of the note as nominee for the lender, and thus MERS can enforce the note on the lender's behalf. [read post]
16 Apr 2007, 3:24 am
Certificate of title: a document provided by a qualified source (such as a title company) that shows the property legally belongs to the current owner; before the title is transferred at closing, it should be clear and free of all liens or other claims. [read post]
30 Jul 2020, 6:50 am
See Equity Title, Inc. v. [read post]
