BS story about title insureers taking a hit from stalled foreclosures, I don't buy it they will not assume any liability from this if anything it will fall back on the lenders or be tied up in court for years. Im buying on this Dip
Get a clue folks...what the hell do you think happens when a house which has been sold out of foreclosure suddenly no longer has a clean title? If the foreclosure proceedings were fradulent (i.e. the bank could not produce a title but foreclosed anyway) and the house is sold to a new owner, the company that wrote the new title policy is ON THE HOOK.