In wake of embezzlement, liquidation looms
The state's Bureau of Insurance has asked for a hearing to declare Southern Title Insurance Corp., a Richmond-based title insurer that was hit hard by an employee's embezzlement, a candidate for liquidation.
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Conservation-easement lawyer's law license suspended
The attorney who exploited Colorado's generous conservation-easement program, leaving it in tatters while revenue officials tagged dozens of his clients and investors for millions of dollars in back taxes from the deals he arranged, has had his law license suspended.
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Appelate court throws out long-standing sniff test for 'sham' joint mortgage and title businesses
In a major reversal for government efforts to regulate business ventures among real estate brokerage, title insurance and mortgage companies, a federal appellate court has thrown out HUD's long-standing 10-point test that defines key standards for affiliates under the Real Estate Settlement Procedures Act (RESPA).
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A Trusting Couple, Now Thrown for Two Loops
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Consumer Bureau Yields to Title Insurers on Mortgage Rule
A U.S. rule that would have wrapped title insurance into the total costs listed on a simplified mortgage-disclosure form was dropped by the Consumer Financial Protection Bureau after industry complaints.
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