Dose anyone have info about title companies not issuing title insurance for TDUS?
The only article I have seen on this topic is from a few weeks ago in DSNews when Old Republic had announced they would no longer insure JP Morgan and Chase REO’s. http://www.dsnews.com/articles/old-republic-will-no-longer-insure-jpmorgan-and-chase-2010-10-05. This only applied to the 23 judicial foreclosure states. I talked to my friends at Fidelity and they appeared to be business as usual.
Here is an update from Fidelity and Bank of America on this topic. Looks like foreclosures in even the judicial foreclosure states are set to resume. http://www.dsnews.com/articles/bank-of-america-and-fidelity-national-reach-agreement-for-reos-2010-10-18
Thank you Michelle.