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Here are headlines from recent issues of the Newsletter. Articles are arranged in the Newsletter
by Department, for easier reading. Title Insurance
- Commitment Amendment Not Effective Unless Buyer
Understands It
- Loan Fraud Not Covered by Title Policy or Fidelity Bond
- No Coverage for Building Code Violation Notice
- Lack of Proof of Loss Not a Defense When Policy
Not Delivered to Insrued
- No Abstractor Negligence Liability in Wyoming
- Title Company Can Be Sued for Customer Reference Letter
- Pro Forma Endorsement In Force and Makes Title Marketable
- Dockominium Policy Does Not Insure Ownership of Lake Bed
- Washington Premium Tax Decision Affirmed
- Survey Exception Erases Coverage When Boundary Line Uncertain
Guest Column
- Unauthorized Post-Petition Transfer Not Avoided Where Bankruptcy Trustee Got Sales Proceeds.
Escrow Matters
- Two Ohio Mortgage Witness Cases
- Island Mortgage Investors Stiff Another Title Company
- Escrowee Hammered For Disbursing Tax Escrow Early
- Lender May Charge Interest Before Escrow Breaks
- Unhappy Lienholder Can Sue Closer for Mental Anguish
- Escrowee Must Warn of Bad Legal Description
- Lack of Payoff Not Presumed Because of Title Agent Embezzlement
- Judgment Lien Attaches Because Escrow Officer Looked at Driver's License
- Escrow Officer Crossed Line by Filling Out Forms Not on Approved List
- Closer Did Not Conspire With Lender to Misrepresent Monthly Payments
- Mortgage Payoff Must Be Received, Not Just Mailed, To Call Off Trustee Sale
- Escrowee Liable For Paying on Unsigned Instruction
- No Malicious Prosecution in Escrow Overpayment
- Bankruptcy Trustee Can Recover Money Paid From Escrow
Conveyance News
- No Equitable Subrogation on Payoff of Equity Loan
- Buyer Not BFP Because Motor Home is Evidence of Possession
- Conventional Subrogation Applies to Purchase Money Mortgage
- Insurer Can Sue Seller In Flip Discount Payoff Fight
- Lender Not Construction Supervisor
- Florida Court Approves Equitable Subrogation
- Washington Denies Equitable Subrogation When Title Company Involved
- Revocation Power Undoes Escrow
- Doc Prep Fee Is Practicing Law in Michigan
- No Equitable Subrogation When Insurer Deleted Judgment Exception
- Deed of Trust Limited to Face Amount Though Junior Lender Knew Debt Was More
Agent Focus
- Agent Liable For Claim Settled in Good Faith
- Title Searcher Can Collect From Owner After Paying Mortgage
- Agent May Be Directly Liable Though Instructed to Close
"As Agent Of" Underwriter
RESPA Alert
- Recording Charge Markup Decision Affirmed
- Eighth Circuit: Mark-Ups Are Not Fee Splits
- Steered Legal Work by Bank President is Kickback
- Loan Transfer Notice Must Go To Last Known Address
The Bookshelf This column
provides references to recent articles, books and events of interest to the land title industry and conveyancing attorneys. |