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Title insurer sues agent for failure to subordinate pre-existing mortgage
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Court Report
Monday, August 15, 2016
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After covering a claim regarding the priority of a third-party’s mortgage on property in Michigan, a title insurer sued its title agent for failing to obtain the subordination or release of a pre-existing mortgage on the property. The title agent argued that the fault lies with the attorney the title insurer hired to handle the priority dispute. Read on for more details.
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