Michigan Title Agents Urged to Work With Underwriters When Closing Transactions Subsequent to a Foreclosure by MERS

May 12, 2011

The Michigan Land Title Association urges title agents to work closely with their underwriter when handling REO properties or transactions sold out of REO where the foreclosure evidenced by the chain of title was done in the name of. After an initial analysis, it appears that these properties will need to be reforeclosed.

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