NU Online News Service, Oct. 12, 2:56 p.m. EDT
Title insurers said they will be unaffected by the recent spat of defective foreclosure paperwork that has caused some banks to halt their procedures, and Moody's said the problems will not affect earnings.
In a credit analysis report, Moody's said the recent discovery that mortgage foreclosures contained defective paperwork would not have an adverse affect on title insurers.
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