County Anticipates New Public Notice on Foreclosures

by Jeanne Johnson of LandRec.com

A good article in a local newspaper  the Record-Bee reminds us that unfinished homes are a problem for communities and counties that want to collect unpaid fees. One county is working to create a public notice to make it easier for title companies, abstractors and buyers of the problems. It is difficult enough to search various locations for all the problems and unpaid fees in this time of heavy foreclosures, but especially on new construction. The recording of these problems and delinquencies in a prominent location is a wonderful idea that will help both the public and private sectors, and I hope it catches on.

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Just Another Title Insurance Agent Defalcation?

by Jeanne Johnson of LandRec.com

An attorney, closing loans out of his basement office , has defacated with more than $6.2 million from the  trust account. His Underwriters – First American Title Insurance Co. lost the most — $2.65 million,  other companies losing money are New Jersey Title Insurance Co., Fidelity National Title Insurance Co., Stewart Title Insurance Co. and Lawyers Title Insurance Co. Read More
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