A significant change to one of the standard title insurance forms recently took effect. The new 2016 ALTA Commitment with Florida Modifications both streamlines the existing features of the title insurance commitment and, for...more
6/19/2017
/ ALTA ,
Banking Sector ,
Closing Protection Letters ,
Florida ,
Insurance Industry ,
Land Titles ,
Limitation of Liability Clause ,
Mortgage Lenders ,
Mortgages ,
Policy Terms ,
Real Estate Market ,
Title Insurance
REAL PROPERTY UPDATE -
Foreclosure – Involuntary Dismissal: although lender’s witnesses failed to explain lender’s loan payment history statement, the statement reflected the principal amount due and had been admitted...more
1/11/2017
/ Article III ,
Banking Sector ,
Closing Protection Letters ,
FDIC ,
Fidelity National Title Insurance Company ,
Florida ,
Foreclosure ,
Insurance Industry ,
Lis Pendens ,
Mortgages ,
Real Estate Market ,
Standing ,
Summary Judgment ,
Title Insurance ,
Wells Fargo
REAL PROPERTY UPDATE -
Foreclosure/Leave to Amend: borrower should have been granted leave to amend to assert affirmative defenses pursuant to motion filed 13 days before trial because there was no prejudice, the...more
7/11/2016
/ Bad Faith ,
Bank of America ,
Bank of New York (BNY) Mellon ,
Banking Sector ,
Banks ,
Class Action ,
Closing Protection Letters ,
Deficiency Judgments ,
Economic Loss Doctrine ,
Fidelity National Title Insurance Company ,
Foreclosure ,
Homeowners Association (HOA) ,
Insurance Fraud ,
Insurance Industry ,
Leave to Amend ,
Liens ,
Lis Pendens ,
Mortgage Fraud ,
Mortgage Lenders ,
Mortgages ,
Old Republic Title ,
Prejudgment Interest ,
Real Estate Market ,
Standing ,
Summary Judgment ,
Title Insurance ,
US Bank National Association ,
Wells Fargo
REAL PROPERTY UPDATE -
Certiorari; discovery: Certiorari review was not available to an owner of property seeking review of a trial court’s order denying his discovery requests, where the order did not completely...more
10/13/2015
/ Appeals ,
Bank of New York (BNY) Mellon ,
Banking Sector ,
Certiorari ,
Closing Protection Letters ,
Deficiency Judgments ,
Discovery ,
Financial Institutions ,
Foreclosure ,
Insurance Industry ,
Mortgages ,
Property Owners ,
Residential Real Estate Market ,
Subject Matter Jurisdiction ,
Title Insurance
REAL PROPERTY UPDATE -
- Foreclosure/Standing: to establish a prima facie case for mortgage foreclosure, successor mortgagor must introduce evidence it was in possession of original note with blank endorsement at time...more