I was struck how this title co. industry rep spoke out of both sides of her mouth:
“It’s just not likely to happen and there’s enough insurance in the title industry to protect all the parties,” said Christopher Condie, president of the Land Title Association of Colorado, a trade group.
Condie is also president of Attorneys Title Guarantee Fund in Colorado, which underwrote the title policy to protect the Cannings’ refinancing.
The issue, Condie said, is that everyone in the Cannings’ scenario is the victim — the banks on each side and the Cannings in the middle — and no side is yet willing to pay up and no lawsuits are filed.
He’s saying there’s enough insurance to cover everyone. That everyone is a victim. He works for the title company that is NOT paying out. Doublespeak anyone?
I am also stunned that Anderson got away with just probation.
