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I am not a mortgage expert, but it occurs to me that once certain banks are red-lined from foreclosure actions, title insurance is going to be expensive, if not impossible to obtain on any properties they are trying to dispose of.
Lenders are not going to loan on a property sale without that insurance, and the ability of the banks to dispose of their bank-owned properties is going to be seriously compromised. This is going to have several unfortunate second and third order effects.
Just my .02, YMMV.
TR
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"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat." - President Theodore Roosevelt, 1910
De Oppresso Liber 01/20/2025
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