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Companies that deal with sensitive information, such as Title Insurance Companies have need to take particular attention to the new social media, especially with the use of confidential information being sent via I-Phones and Blackberries. According to Darity Wesley of Privacy Gurus, here are some guidelines in that regard. The skill that is absolutely essential to [...] DSNews reports the closure of four more lending banks: La Jolla Bank, FSB in La Jolla, California; George Washington Savings Bank, Orland Park, Illinois; Marco Community Bank, Marco Island, Florida; and The La Coste National Bank, Lacoste, Texas. This brings the number of failures on the FDIC list to 20 for this year. Nearly all [...] Roseann Wagner, 45, of Prior Lake, Minnesota was sentenced in federal court for stealing more than $470,000 for payment of title insurance premiums and recording fees. Wagner, a licensed insurance agent, owned and operated Tri-Star Title, a title insurance agency. The investigation also found that Wagner had withdrawn nearly $100,000 from ATMs and cashiers at a [...] Today’s news for the Title Insurance Industry is not good, reading like a bad novel… In Georgia [...] Title Insurers and Closers, beware. CNBC has picked up yet another RESPA violation. It would seem that some second mortgage lenders are asking for “payments on the side – i.e. off the closing statement,” (clearly illigal under RESPA) in order to release liability under the second mortgage. Their leverage is, if you don’t pay, we [...] WBAL TV ran this segment on the Maple Leaf Title Co alleged defalcation. More bad news for an industry already in sad shape. See video here. |
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