Is there a federal banking law that disqualifies a foreclosed house for title insurance for 4 years?
No... Never heard of any such thing, and I've done plenty of foreclosed home financing. Could there be something else on one home in particular that a title insurance company is scared to insure? You bet... If you have a house in mind that is having trouble getting title insurance, just try another title company, but note that there are only a few big national title insurance companies.
Is there absolutely no way to waive PMI for an FHA Loan anymore?
What is Private Mortgage Insurance (PMI) ?