Foreclosure Help Company Stops Insuring Titles in Chase Foreclosures. A major title insurance company has stopped insuring homes foreclosed by JPMorgan Chase, another sign that the controversy over the legal practices of the big lenders is starting to influence the housing market.

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UPDATE: Some old Republic agents have received a notice that indicates that the nationwide no-issue order on Ally/GMAC and JP Morgan foreclosures is still in effect. The Old republic bulletin states the following: Recently, officials at GMAC Mortgage a division of Ally Financial, Inc. and at JP Morgan Chase, announced that they are halting evictions of foreclosed borrowers and are halting REO.

The Following Is An Extract From: 2011 Swanepoel TRENDS Report LEARN MORE AT RETRENDS.COM. Old Republic notied BofA, Chase and Ally Financial’s GMAC Mortgage that it would no longer write new policies for those lenders. In november 2010 stewart title increased its underwriting guidelines making it difcult to write policies.

The mortgage fraud was for a while covered up by its framing as a subprime problem, but no longer. The counterfeit of Fannie Mae. and insidious fraudulent business units of JPMorgan is worthy of a.

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REO Listings of Bank Owned Property Directory. Below are links to the Bank foreclosures and REO listings of every major bank, lender and government foreclosure agency. reo (Real Estate Owned) are properties currently owned by lenders & banks, because the borrower defaulted on the loan, and the lender took them back by foreclosure.

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In fact, one major title insurer, Old Republic National Title Insurance, will no longer insure titles for GMAC foreclosures because of the document problem. The stock market is weighing in, too.

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Old Republic National Title Insurance has thrown a monkey wrench into the ability of lenders to sell their foreclosures: on September 29, the company announced that it will no longer issue policies to properties that have been foreclosed by JP Morgan Chase and Ally Financial, Inc. (GMAC).