Sporty asked:


The title company was closed due to fraudulent transactions. What happened was the title company did not payoff the old mortgage. So, my friend now has 2 outstanding mortgages instead of one. The Insurer of the title company said they have limited access to the title company’s files thus delaying the process. Meanwhile, my friend has submitted all the closing documents to the Insurer of the title company but still they did not honor that and they did not pay yet the old mortgage company. My friend now is paying 2 mortgages. Instead of expecting a lower monthly payments, he is now paying double the amount of his original mortgage monthly payments. Any help please?