Can title insurance save your home?1 of 9Title insurance has suddenly become a hot topic, especially after mortgage lenders recently admitted to cutting corners during the foreclosure process.Lenders require title insurance to issue a mortgage. Now, some title insurance companies are re-examining if and how they should cover homes that have gone through foreclosure.Following are seven questions foreclosure owners and potential buyers must ask about title insurance. Related Articles:5 year-end mortgage trendsForeclosure break for you?Foreclosure? Look for cash7 reasons to refinanceRelated Links:5 keys to mortgage ratesFAQs on mortgage refis6 questions before a refiHow to derail a refinance advertisement
Title insurance has suddenly become a hot topic, especially after mortgage lenders recently admitted to cutting corners during the foreclosure process.
Lenders require title insurance to issue a mortgage. Now, some title insurance companies are re-examining if and how they should cover homes that have gone through foreclosure.
Following are seven questions foreclosure owners and potential buyers must ask about title insurance.
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