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Author Archives: Myron Finley

Myron Finley is Chief Legal Officer for Nationwide Title Clearing, Inc., Palm Harbor, Florida. He can be reached at myron_finley@nwtc.com.

Making Assignments in the Dark

The chain of title is the guy-wire that holds the home finance industry upright. Without some method to determine who owns a given parcel of real estate, it cannot be used as collateral for a loan. In cases where these loans go into default, a clear title is essential for a smooth foreclosure and REO process. Unfortunately, problems arise that cloud the title, increasing loss severity for investors.

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