Texas Attorney General Greg Abbott recently commented about how title insurance protects homeowners. American Land Title Association (ALTA) President Mark Winter applauded the attorney general for recognizing the value title insurance provides to consumers.

Mon, 2010-03-01 12:29 — Eric C. Peck – …

National Mortgage Professional Magazine recently had an opportunity to chat with David H. Stevens, Assistant Secretary for Housing at the U.S. Department of Housing & Urban Development (HUD), and 27th Commissioner of the Federal Housing Administration (FHA). Established in 1934, the FHA was designed to promote stability in the housing market by insuring fixed-rate mortgages for qualifying applicants. Commissioner Stevens is responsible for oversight and administration of the $600 billion FHA insurance portfolio. Today, nearly one in four new residential mortgages carries an FHA guarantee. Stevens also has responsibility for other programs within HUD, such as multifamily subsidized housing, healthcare facilities, and manufactured housing. HUD is the agency charged with administering and interpreting the Real Estate Settlement Procedures Act (RESPA).

Read entire article: http://tinyurl.com/yzdcxmr

Continuing Education for Title Agents

Free classifieds for the Title Industry

Posted via email from Title Insurance
Continuing Ed for Title Agents

Main

The Anti-MERS Mortgage Manifesto

March 2, 2010 admin

From Matthew Weidner, P.A.

February 28th, 2010 ·

Greg Clark is a brilliant Clearwater, Florida attorney who has been a practicing title attorney for 30 years. For hundreds of years, a title attorney’s job was to examine all of the records that related to a property and then issue an attorney’s opinion of title or title insurance policy confirming that if his client purchased the property or lent money against the property, they were doing so free of any claims by another other person or party who might claim an interest in the property. I say that the job “used to be” because after the development of the Mortgage Electronic Registration System or MERS, no attorney can tell you what other party might claim an interest in the property because that information is locked away deep inside a private company…MERS. A mortgage is recorded in the county public records, but who owns it and who may have any rights to that mortgage is a closely held secret.

See full article here: http://mattweidnerlaw.com/blog/2010/02/the-anti-mers-mortgage-manifesto/

Continuing Education for Title Agents

Free classifieds for the Title Industry