by Jeanne | Feb 10, 2015 | Affiliated Title businesses, CFPB, Closing, Fraud, Government Oversite, Industry News, Insurance, Title Insurance, Title Insurance Lawsuits
Reuters continues to report on the now defunct Genuine Title, as well as the Wells Fargo and JP Morgan violations under RESPA. In addition to enormous fines by the lenders, the CFPB went after individual loan officers for penalties. Todd Cohen and wife Elaine...
by Jeanne | Feb 4, 2015 | Affiliated Title businesses, Captive Title Insurers, Closing, Fraud, Industry News, Insurance, Title Insurance, Title Insurance Lawsuits
I have had concerns for a long time that the Title Industry has captive title insurance agents who receive such a large portion of the pot, that the Title Underwriters are putting themselves at risk. When a large captive agent receives 90% plus of the title insurance...
by Jeanne | Jan 25, 2015 | Affiliated Title businesses, Closing, Education, Government Oversite, Industry News, Insurance, Licensing, Real Estate Law, Title Insurance
On Jan. 12, President Obama signed legislation establishing the National Association of Registered Agents and Brokers (NARAB), where any licensed insurance producer meeting requirements can belong. Starting in 2017, any NARAB member licensed in its home state will be...