Many title companies to stop writing policies for some foreclosures

USA Today:

"Would you buy the house? If there's questions about the title, you can't sell it, so who's going to buy it?"

Homeowners who have purchased properties that were foreclosed upon could also find their ownership challenged. A bank could have foreclosed upon a property and sold it to a third party. Later, the former homeowner may now come forward and say the foreclosure judgment has to be set aside because of faulty documents.