Junk bond billionaire Ira Rennert has a massive house in the Hamptons. It's also pretty controversial. The business mogul, who Forbes says is worth $5.9 billion, was recently in court defending the funding of his Sagaponack estate.
Title loan. In the United States, a car title loan, is a type of secured loan where borrowers can use their vehicle title as collateral. Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. When the loan is repaid, the lien is removed and the car title is returned to its owner.
A: Title insurance is an indemnity contract between you (or your lender) and a title insurer for past defects in a chain of title.ore simply, title insurance is an agreement that should a problem arise in the ownership records of your property, your insurer will fix the problem, defend you against it, or compensate you for any losses. Over the years, a home, and the land it stands on, may go through several ownership changes.