Insights

Seventh Circuit Finds Insured Owners Suffered No Loss Under Title Insurance Policy After Insurer Settled With Lender

The United States Court of Appeals for the Seventh Circuit recently affirmed a district court’s grant of...

New Jersey Court Bars Foreclosure Action Initiated More Than Six Years after Maturity Date

The Superior Court of New Jersey, Chancery Division, recently held that a foreclosure action commenced more than...

Georgia Appellate Court Holds Lender’s Diminution-In-Value Loss Required to Be Calculated as of the Date Of Foreclosure under Title Policy

The Court of Appeals of Georgia recently held that a trial court erred in calculating a lender’s...

Supreme Court of Arizona Holds Lender’s Diminution-in-Value Loss Required to Be Calculated as of the Date the Policy Was Issued Rather Than Date of Foreclosure

In a significant decision for both the title and banking industries, the Arizona Supreme Court recently held...

Maryland Federal Court Dismisses State Law Claim Against Title Agency for Alleged Kickback Scheme

The United States District Court for the District of Maryland recently dismissed a state law claim against...

Fifth Circuit Rejects TILA Claims for Loans Obtained in Exchange for Tax Lien Transfers

The United States Court of Appeals for the Fifth Circuit recently held that money lent in exchange...

Pennsylvania Appellate Court Affirms Dismissal of Claim Against Title Insurer

The Superior Court of Pennsylvania recently affirmed a trial court’s grant of summary judgment for a title...

Florida Appellate Court Limits Mortgagee Could Not Recover More Than the Limit of the Parties’ Profit Sharing Agreement

A Florida appellate court recently held that a profit sharing agreement between a mortgagor and a mortgagee...

New Jersey Court Grants Lender Equitable Subrogation Despite Alleged Negligence

A New Jersey Chancery Division court recently granted a defendant-lender summary judgment on the doctrine of equitable...