Abstract

http://ssrn.com/abstract=2288280
 


 



The Buck Stops Here: Toxic Titles and Title Insurance


Molly Rose Goodman


Suffolk University Law School

July 1, 2013

42 Real Est. L. J. 5 (2013)

Abstract:     
By failing to properly transfer ownership of loans and mortgages, recording fraudulent documents, and performing unlawful foreclosures, financial institutions and law firms have generated property titles that range from defective to toxic. Those actions evince a systemic failure to comply with longstanding principles of real property law and regulations governing financial transactions. Title companies participated in title services and issued title insurance policies throughout the housing boom and although they did not directly cause toxic titles, many title insurers have ultimately assumed the risk for the bad practices that became the industry norms in the last decade. In this article, I will discuss how title insurers have exposed themselves to liability for toxic titles.

Number of Pages in PDF File: 47

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Date posted: July 2, 2013 ; Last revised: August 15, 2013

Suggested Citation

Goodman, Molly Rose, The Buck Stops Here: Toxic Titles and Title Insurance (July 1, 2013). 42 Real Est. L. J. 5 (2013). Available at SSRN: http://ssrn.com/abstract=2288280

Contact Information

Molly Rose Goodman (Contact Author)
Suffolk University Law School ( email )
120 Tremont Street
Boston, MA 02108-4977
United States

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