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Old republic national title insurance announced that it would no longer insure title to property foreclosed by Chase or GMAC after both mortgage servicing companies halted foreclosure sales in 23 states and said they are in the process of reviewing legal filings that may not have been properly notarized or verified.
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Questions about the legality of foreclosure proceedings have prompted Old Republic National Title Insurance to decide it will no longer insure titles to homes foreclosed by JPMorgan Chase and GMAC.
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