Header graphic for print
Lenders 360

Tag Archives: endorsement

Title Insurance Ticking Sound Blows UP: ALTA 21 Creditors’ Rights Coverage Ends

Posted in Good Times for Lenders, Insurance & Environmental Risks, Tough Times for Lenders

Last Tuesday (Feb 2), the ALTA Board of Governors met to review and discuss the creditor rights issue in light of various recent court rulings. The outcome is no surprise: they voted (unanimously) to withdraw and de-certify the ALTA 21 endorsement (commonly referred to as creditors’ rights coverage).  This change will be effective on March… Continue Reading