Fannie and Freddie require that "Attorney's opinions of title must be commonly acceptable in lieu of title insurance by private institutional Mortgage investors in the area where the Mortgaged Premises are located."

We know that there are areas of the country where this is "commonly acceptable". How does your institution determine what is "common" and what is "acceptable" for your area? Also, do you evaluate the individual attorney in some manner? Specifically, we are interested in Ohio, Kentucky and Tennessee, but would be interested in hearing about practices in other states as well.