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Loss Mitigation Prohibitions – It Ain’t Just Loan Mods

Many loan servicers are under the misimpression that the prohibition against dual tracking only applies to loan modifications. This is incorrect; it also applies to forbearance agreements, deeds in lieu of foreclosures and short sales.

By |2015-03-27T16:47:00+00:00March 27th, 2015|Debt Collection, Real Estate|0 Comments

Lender’s Title Insurance: It’s No Guarantee

Title insurance is an indemnification contract, like many other types of insurance. Just as a life insurance policy does not ensure you will live forever, a title insurance policy does not guarantee that your title is valid, but merely provides the insured with compensation to offset the loss sustained as a result of title not being as insured.

By |2014-06-12T15:55:00+00:00June 12th, 2014|Real Estate|0 Comments