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Tag Archives: title

The Growing Risk in Municipal Liens

foreclosures

During the foreclosure crisis, filing a lien was the only way many taxing authorities realized tax revenue for properties in communities hardest hit by the financial crash. But here’s why municipal liens today pose a significant risk for servicers.

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SingleSource Adds Two SVPs to its Business Development Team

On Tuesday, SingleSource, a provider of valuation, REO, title and property preservation services, announced the addition of industry professionals Stacey Bayley and Brent Taggart to its business development team.

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Implementing Blockchain Into Real Estate

With paper documentation, there is always a significant risk, whether it be physical damage, getting lost, or being tampered with. At a webinar experts from financial services firms explained how blockchain could help in mitigating these challenges.

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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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Outsourcing May Be Best for Lender Document Trailing

Nationwide Title Clearing, a post-closing services provider serving many of the nation’s largest financial institutions, investors, servicers, and custodians, released a white paper for lenders offering a scoring method to help them manage their trailing document process after a loan is originated.

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