Posted by desktopfull on 10/3/08 12:03am
Msg #266204

Security National Title weren't they part of LCF

I got a call to do a closing for them today and turned it down because I'm working full time and couldn't close at 10:00 am tomorrow. But if I'm not mistaken, aren't they part of the Mercury group and LFC? If so, would anyone know how are they conducting closings since they've filed bankruptcy?

Reply by Lee/AR on 10/3/08 6:41am
Msg #266208

I have a 'list' of LFC affiliates (source unknown) that contains a Security Title Guaranty Co.
No further info.

Reply by MW/VA on 10/3/08 8:10am
Msg #266213

I've heard that most of the tc's were taken over by other companies and are still operating.
One example is All Reverse Transactions, which is now operating under Placer Title. Not everything is involved in the bankruptcy.

Reply by FAN_IL on 10/3/08 1:03pm
Msg #266241

If you Google it, the comment below comes up on www.mortgagefraudblog.com, plus there's additional info on that site through their search engine:

16.Security National Title, Inc. ("Security National" is a Coloradocorporation with its principal place of business in Broomfield, Colorado. SecurityNational purports to be in the title agency and escrow business. Security National is asham entity that participated in the Amerifunding Conspirator's fraud, theft, andracketeering activities by, among other things, diverting Flagstar and Impac's funds to theAmerifunding Conspirators without valid loan and mortgage transactions.17.TDF Mortgage Funding ("TDF" is a Colorado corporation with itsprincipal place of business in Denver, Colorado. TDF purports to be in the mortgagelending business and purported to acquire loans and mortgages from Flagstar as brokeredby the Amerifunding Conspirators. TDF is a sham entity that participated in theCase 1:06-cv-00067-REB-CBS Document 16 Filed 02/01/2006 Page 5 of 36

Reply by MW/VA on 10/3/08 2:01pm
Msg #266251

And now it's going to take $700B to clean up the mess after this kind of thing--disgusting!!!

Reply by desktopfull on 10/3/08 5:29pm
Msg #266287

Thanks for the info, glad I followed my gut on this one. n/m