Last November our office sent a bulletin advising of a dispute regarding title report endorsements that arose in Cuyahoga County. At that time, the Ohio Title Insurance Ratings Bureau announced a change to its policy regarding judicial title report forms and strictly forbid the use of title report endorsements previously used in Cuyahoga County.
Recent Title Insurance Issue May Cause Foreclosure Delays in Cuyahoga County, Ohio
The Ohio Title Insurance Ratings Bureau (“OTIRB”) recently announced Preliminary Judicial Reports (“PJR’s”) used in foreclosure cases must adhere to its prescribed format. The OTIRB is an insurance rating bureau that includes among its members most title underwriters doing business in Ohio.