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Successor appeals judgment in case regarding forged deed
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Court Report
Wednesday, July 22, 2020
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After a buyer defaulted on a mortgage, its lender discovered that the seller was part of a mortgage fraud scheme and that the recorded trustee’s deed the seller held was a forgery. Its title insurer became its successor-in-interest in a case suing the holder of the senior lien, arguing that the lienholder was required to discovered the forged deed and record a rescission to protect unknown third parties from possibly being defrauded. Read on for more details.
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