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Comments on: Florida Foreclosure Fraud https://whynow.dumka.us/2010/10/14/florida-foreclosure-fraud/ On-line Opinion Magazine...OK, it's a blog Sat, 16 Oct 2010 03:35:09 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Bryan https://whynow.dumka.us/2010/10/14/florida-foreclosure-fraud/comment-page-1/#comment-53686 Sat, 16 Oct 2010 03:35:09 +0000 http://whynow.dumka.us/?p=17333#comment-53686 In reply to Ame.

The title insurance companies could fail, because they would be out of their minds insuring under these circumstances. This calls into question all titles that have a mortgage associated since at least 2003. At best, title insurance rates will go up significantly.

I can believe that solvent small local banks or credit unions would want to give mortgages under these conditions, and why would anyone with the cash risk it?

]]> By: Ame https://whynow.dumka.us/2010/10/14/florida-foreclosure-fraud/comment-page-1/#comment-53684 Sat, 16 Oct 2010 03:15:53 +0000 http://whynow.dumka.us/?p=17333#comment-53684 This has created a nightmare for title insurers, and could prove to be quite the challenge for prospective purchasers of foreclosed properties if they can’t get a clear title.

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