Industry News Monday, March 19, 2018 Fidelity National Financial, Inc. (FNF) has signed a merger agreement to acquire Stewart Information Services Corp. for $1.2 billion in cash and stock. If approved by regulators and stockholders, Fidelity would pay $50 per share of...
I have commented in the past on how not handling title claims in a timely manner can cause damages, and I use real examples to stress the point. Well, comes another heavy duty example. The Superior Court of Pennsylvania has upheld $1,572,909.24 in punitive damages in...
Jeanine W. Johnson will be a conference speaker at the ALTA Business Conference in Louisville, KY March 26th. A primary function of the American Land Title Association (ALTA) is to provide important educational programs. A “Train the Title Trainer”...
You know things are tough when Fidelit National y, one of the world’s largest title insurers, decides to further diversify by purchasing restaurants. The web was abuzz today with news from everyone. The Wall Street Journal stated “Here’s a deal that seems...
The confusion of “Who owns the Mortgage” continues, with more and more states entering the battle against MERS. While winning the issue in many states, the battle continues. An article by Bloomberg recites a number of new counties and states that are in...
Mary Ann Palladino-DeVito, 41, and her husband Joseph, 39, owners of the now-defunct Abstracts Unlimited, have been arraigned on charges that they embezzled more than $1 million from homeowners seeking to clear property titles. “As part of this mortgage fraud...
