Thursday, January 20, 2011

failure to closely guard the escrow account leads to big trouble.......

The indictment alleges that beginning at least as far back as 2004, a substantial shortfall began to develop in an escrow account maintained by Troese Title and Troese/Hughes for the receipt and disbursement of funds in connection with real estate closings carried out by both title companies. This shortfall is alleged to have been partly the result of mistakes made during the closing process

failure to closely guard the escrow account leads to big trouble.......

The indictment alleges that beginning at least as far back as 2004, a substantial shortfall began to develop in an escrow account maintained by Troese Title and Troese/Hughes for the receipt and disbursement of funds in connection with real estate closings carried out by both title companies. This shortfall is alleged to have been partly the result of mistakes made during the closing process

Tuesday, January 18, 2011

Pennsylvania Gov.-elect Tom Corbett nominated a partner in the Saul Ewing law firm and former lawyer in the Pennsylvania Insurance Department to become the state’s next insurance commissioner.
Michael ConsedineConsedine’s appointment awaits a confirmation hearing by the state Senate.

Read more on IFAWEB.
Pennsylvania Gov.-elect Tom Corbett nominated a partner in the Saul Ewing law firm and former lawyer in the Pennsylvania Insurance Department to become the state’s next insurance commissioner.
Michael ConsedineConsedine’s appointment awaits a confirmation hearing by the state Senate.

Read more on IFAWEB.

Wednesday, January 12, 2011

Wendy finds the darndest things.

Wendy's job is a critical part of our title examination process.  She receives the raw search reports from our abstractors.  She combs documents and notes just to be sure the abstractor didn't miss exceptions in their report.  She plots the metes and bounds description to see if it closes and looks anything like the map provided by the abstractor then she types our legal description.

I review

Wendy finds the darndest things.

Wendy's job is a critical part of our title examination process.  She receives the raw search reports from our abstractors.  She combs documents and notes just to be sure the abstractor didn't miss exceptions in their report.  She plots the metes and bounds description to see if it closes and looks anything like the map provided by the abstractor then she types our legal description.

I review

Saturday, January 8, 2011

court rules against banks in pivotal mortgage case

"There is no dispute that the mortgagors of the properties in question had defaulted on their obligations, and that the mortgaged properties were subject to foreclosure. Before commencing such an action, however, the holder of an assigned mortgage needs to take care to ensure that his legal paperwork is in order," Justice Cordy wrote.  Read more in WT.

Okay, here's my lazy, I'm not going to