12.11.07

Just Another Bad-News day for the Title Industry

Posted in Industry News, Licensing at 4:23 pm by Jeanne

It’s hard to believe an esoteric industry like ours can be so maligned. Are there really that many BAD title agents? Are the Title Underwriters so GREEDY they are willing to sign anyone who can bring in a title policy? Will it take NATIONAL legislation for the industry to become moral? Just today, in Boston, Kansas City, Hartford, San Diego, Bismark, Denver… and elsewhere, here is just a sampling of what the media says about title insurance:

Title insurance and me
Boston Globe - United States
They’re mad because I didn’t buy homeowner’s title insurance and, they say, because other people may not buy a policy as a result. …

State goes after licenses of Guaranty Title managers
Springfield,MO,USA
Matt Blunt signed extensive title insurance reform legislation. Senate Bill 66 clarifies a duty to fully disclose to consumers separate price information …

AG, DCP, Insurance Dept. announce $700000 settlement in kickback …
Hartford Business - USA
In an October lawsuit filed on behalf of DCP and the Insurance Department, Blumenthal alleged that Reiner, which also sells title insurance, used sham …

Lawsuit against title company won’t be a class action
Kansas City Star - MO,USA
In fact, May and his law firm have already filed similar suits against title insurance companies in other jurisdictions. Pending in Jackson County Circuit …

Legal tangles surround hidden cemetery
Kansas City Star - MO,USA
Stewart Title Guaranty Co., his title insurance company, said the mistake did not hurt the land’s value at all. They offered him $10000 in damages. …

The art of the double deal
Denver Post - Denver,CO,USA
In a double closing, buy-sell transactions are staged in succession, often in separate rooms of the same title insurance company. …

YOUR PLACE TO CALL HOME: Realtors can help you find answers
Suburban Journals - Town and Country,MO,USA
What will be the total cost of the title insurance or loan you are securing for your new house? Can the company you hire meet the deadlines that you have in …

Watch who leads through crisis
TheReporter.com - Vacaville,CA,USA
Real estate brokers, mortgage brokers, mortgage lenders, title insurance companies, fire insurance companies, real estate appraisers, and attorneys - are …

Want to Find Treasure in the Sierra Madres?OpEdNews - Newtown,PA,USA
They include financing, title insurance, bank trust regulations, and other tools to provide security to the foreign investor. All Mexican land within 100 km …

Official wants to keep program but halt abusesRocky Mountain News - Denver,CO,USA
Earlier, as the state’s deputy insurance commissioner, she cleaned up a national mess involving kickbacks in the title insurance agency, which included her …
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This once a day alert just gives a sampling…

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