Thursday, June 11, 2009

one underwriter taking a stand against short sale flips

The investor negotiates a short sale with the lender by convincing the lender that the price it is offering is the market value of the property. The investor then finds a buyer for a much higher price. The sales happen simultaneously, and the lender pockets the difference. The problem is that "the original lender is not told that the buyer is flipping the property on the same day for thousands

one underwriter taking a stand against short sale flips

The investor negotiates a short sale with the lender by convincing the lender that the price it is offering is the market value of the property. The investor then finds a buyer for a much higher price. The sales happen simultaneously, and the lender pockets the difference. The problem is that "the original lender is not told that the buyer is flipping the property on the same day for thousands

perfect? marketable? insurable?

Here's an e-mail exchange that might help understand the issues faced when folks try to figure out the difference.Dear Ms. Cipa, While researching a title insurance matter on the internet I made my way to http://titleinsurancetalk.blogspot.com/ where I read some of your postings. I have long been searching for someone as knowledgeable and erudite as you on title matters. I am writing to

perfect? marketable? insurable?

Here's an e-mail exchange that might help understand the issues faced when folks try to figure out the difference.Dear Ms. Cipa, While researching a title insurance matter on the internet I made my way to http://titleinsurancetalk.blogspot.com/ where I read some of your postings. I have long been searching for someone as knowledgeable and erudite as you on title matters. I am writing to

Wednesday, June 10, 2009

this is interesting...Buyer's Choice Act

A bill to help California's smaller title companies compete in the foreclosure resale market has cleared the Assembly and is now in the Senate.The Buyer's Choice Act, introduced in February by Assemblywoman Cathleen Galgiani, D-Stockton, will likely be sent in the coming weeks to the Banking, Finance and Insurance Committee and later to the Judiciary Committee. It could be on the Senate floor in

this is interesting...Buyer's Choice Act

A bill to help California's smaller title companies compete in the foreclosure resale market has cleared the Assembly and is now in the Senate.The Buyer's Choice Act, introduced in February by Assemblywoman Cathleen Galgiani, D-Stockton, will likely be sent in the coming weeks to the Banking, Finance and Insurance Committee and later to the Judiciary Committee. It could be on the Senate floor in

Monday, June 8, 2009

question

Do notary signing agents aka independent closers intend to comment as part of the PA Dept. of Insurance public hearing process?