Friday, October 8, 2010

Florida foreclosure firm's title insurer won't insure firm's foreclosure titles

http://www.palmbeachpost.com/money/real-estate/florida-foreclosure-firms-title-insurer-wont-insure-firms-959798.html?cxtype=rss_real-estate

Lol, Stern's own title company won't even back the foreclosures that he processed.
Self preservation? or admitted guilt?


The title insurance arm of one of the state's largest foreclosure law firms is refusing to cover properties foreclosed on by its own attorneys citing potential defects in court filings.

New House Title, which is owned by the same people who run the Tampa-based Florida Default Law Group, sent notice to a Boca Raton real estate attorney Wednesday that a 2009 foreclosure was off limits.

What Attorney Robert Feldman found interesting in New House's denial for the Deerfield Beach condominium is the foreclosure was handled by the Florida Default Law Group.

"It is somewhat surprising that now they won't even insure their own work," Feldman said.