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AMC owned foreclosure?

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DTB

Elite Member
Joined
Jun 11, 2004
Professional Status
Certified Residential Appraiser
State
Illinois
Stumbling through some recent foreclosures in KKK county IL, a favorite of mine, I ran across one owned by Land Am. The property is really not of interest to me, but I was curious if this may be the Land Am AMC?

Anyone seen an AMC take back or be forced to take back a property?
 
Anyone seen an AMC take back or be forced to take back a property?
I would love to see that become typical - couldn't happen to a better bunch of deserving perps. Sure hope we can find some info about this.
 
As a conglomerate, Land America is comprised of many companies. There are a whole host of reasons as to why the company may own the property in question totally unrelated to their AMC division. The following represents a sample of the divisions and subsidiaries:

LandAmerica Financial Group, Inc.
Operating Divisions & Subsidiaries

Title Insurance / Underwriting Groups
Commonwealth Land Title Insurance Company
Commonwealth Land Title Insurance Company of New Jersey
Land Title Insurance Company
Lawyers Title Insurance Corporation
Title Insurance Company of America
Transnation Title Insurance Company
Transnation Title Insurance Company of New York
United Capital Title Insurance Company


Commercial Services
LandAmerica Assessment Corporation
LandAmerica Commercial Search Services Company
LandAmerica Commercial Settlements
LandAmerica Exchange Company
LandAmerica Valuation Corporation

Residential Services
American Title Company of Livingston
Atlantic Title & Abstract Company
Buyers Home Warranty Company
Buyers Real Estate Services, Inc.
Channel Islands Escrow, Inc.
Commonwealth Land Title Company
Gateway Title Company
Golden Escrow, Inc.
Gulf Atlantic Title
Land Title Agency, Inc.
LandAmerica Albuquerque Title Company
LandAmerica Alliance Company
LandAmerica American Title Company
LandAmerica Austin Title Company
LandAmerica Capitol City Title Services, Inc.
LandAmerica Charter Title Company
LandAmerica Commonwealth Title of Austin, Inc.
LandAmerica Commonwealth Title of Dallas, Inc.
LandAmerica Commonwealth Title of Fort Worth, Inc.
LandAmerica Commonwealth Title of Houston, Inc.
LandAmerica Lawyers Title of Amarillo, Inc.
LandAmerica Lawyers Title of El Paso, Inc.
LandAmerica Lawyers Title of Roswell, Inc.
LandAmerica Lawyers Title of San Antonio, Inc.
LandAmerica New Mexico Title Company
LandAmerica Partners Title Company
LandAmerica Property Inspection Services, Inc.
LandAmerica Texas Title Company
LandAmerica Wilson Title Company
Lawyers Title of Arizona, Inc.
Lawyers Title of Nevada
Rainier Title Company
Southland Title Corporation
StoneRidge Escrow Corporation
Transnation Title & Escrow, Inc.
USA Title Affiliates, Inc.

Lender Services
LandAmerica Credit Services, Inc.
LandAmerica Default Services, Inc.
LandAmerica OneStop, Inc.
LandAmerica Tax and Flood Services, Inc.
LoanCare Servicing Center, Inc.


International Services
LandAmerica (Europe) SARL


Other
Centennial Bank
 
Land America Financial has a lot of tentacles. :shrug:
 
With the list above !! do you see why it has taken so long for any affective investigations to get off the ground?? But Kudo's to the investigators cause Countrywide news should be out soon.

For those Appraisers that kissed @$$ for those Countrywide fees I sure hope your "friends" @ Countrywide love you as much as they claimed they did. Cause no one would RAT out those they love!! Would they??
 
IMHO, AMCs should buy loans that they intentionally push through the system. They should buy back the loan, pay all legal costs, and pay a fine on top of that.
 
BTW, I would swear that Mr. Moore posted something to the effect of LandAm never having a foreclosure; I just haven't located that post yet.
 
As a conglomerate, Land America is comprised of many companies. There are a whole host of reasons as to why the company may own the property in question totally unrelated to their AMC division. The following represents a sample of the divisions and subsidiaries:

LandAmerica Financial Group, Inc.
Operating Divisions & Subsidiaries

Title Insurance / Underwriting Groups
Commonwealth Land Title Insurance Company
Commonwealth Land Title Insurance Company of New Jersey
Land Title Insurance Company
Lawyers Title Insurance Corporation
Title Insurance Company of America
Transnation Title Insurance Company
Transnation Title Insurance Company of New York
United Capital Title Insurance Company


Commercial Services
LandAmerica Assessment Corporation
LandAmerica Commercial Search Services Company
LandAmerica Commercial Settlements
LandAmerica Exchange Company
LandAmerica Valuation Corporation

Residential Services
American Title Company of Livingston
Atlantic Title & Abstract Company
Buyers Home Warranty Company
Buyers Real Estate Services, Inc.
Channel Islands Escrow, Inc.
Commonwealth Land Title Company
Gateway Title Company
Golden Escrow, Inc.
Gulf Atlantic Title
Land Title Agency, Inc.
LandAmerica Albuquerque Title Company
LandAmerica Alliance Company
LandAmerica American Title Company
LandAmerica Austin Title Company
LandAmerica Capitol City Title Services, Inc.
LandAmerica Charter Title Company
LandAmerica Commonwealth Title of Austin, Inc.
LandAmerica Commonwealth Title of Dallas, Inc.
LandAmerica Commonwealth Title of Fort Worth, Inc.
LandAmerica Commonwealth Title of Houston, Inc.
LandAmerica Lawyers Title of Amarillo, Inc.
LandAmerica Lawyers Title of El Paso, Inc.
LandAmerica Lawyers Title of Roswell, Inc.
LandAmerica Lawyers Title of San Antonio, Inc.
LandAmerica New Mexico Title Company
LandAmerica Partners Title Company
LandAmerica Property Inspection Services, Inc.
LandAmerica Texas Title Company
LandAmerica Wilson Title Company
Lawyers Title of Arizona, Inc.
Lawyers Title of Nevada
Rainier Title Company
Southland Title Corporation
StoneRidge Escrow Corporation
Transnation Title & Escrow, Inc.
USA Title Affiliates, Inc.

Lender Services
LandAmerica Credit Services, Inc.
LandAmerica Default Services, Inc.
LandAmerica OneStop, Inc.
LandAmerica Tax and Flood Services, Inc.
LoanCare Servicing Center, Inc.


International Services
LandAmerica (Europe) SARL


Other
Centennial Bank

Thanks Howard. The only one on the list that I could think of having taken back a property is Centennial bank, however title is held by LandAm?

I still find it odd, maybe I can do a little more digging. Who knows maybe I will want the property afterall.
 
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