Implementing changes can be a daunting process. While many in our industry mean well, they simply do not have the technical knowledge to ensure your title agency or settlement services company is secure. Good news! Cloudstar is here to help you with your ALTA Best Practices implementations.
Monthly Archives: July 2013
New paradigm for settlement when coverage is in doubt adopted in Pennsylvania – Lexology
The Pennsylvania Superior Court has adopted a new paradigm for determining whether a policyholder can require its insurer to fund a settlement made without the insurer’s consent when the insurer has reserved the right to deny coverage.
via New paradigm for settlement when coverage is in doubt adopted in Pennsylvania – Lexology.
ABA Dodd-Frank Tracker: House Panel Approves Hensarling Housing Bill
This bill is working its way through the legislature.
As passed, the bill would wind down Fannie Mae and Freddie Mac within five years, replace them with a “public utility” to oversee the creation and maintenance of a single platform for the private sale of mortgages and end all federal guarantees. It also would reduce the mortgage insurance coverage provided by the Federal Housing Administration to only 50% of the mortgage being insured and re-target the FHA to serve first-time and low-income homebuyers.
ABA Dodd-Frank Tracker: House Panel Approves Hensarling Housing Bill.
What do you think the impact will be if this bill passes?