National Association of Independent Land Title Agents Conference

The National Association of Independent Land Title Agents announces its Spring Conference in Atlantic City, New Jersey on May 18, 2009 at the Trump Marina Hotel Casino.

Title insurance professionals from across the nation have banded together to represent the interests of the independent title insurance agent.

NAILTA has established itself as an influential voice in our industry. You too can be heard. Find out how NAILTA can help you in today's challenging environment. You will hear from exciting speakers and have the opportunity to meet others who realize the important role of the independent agent in the title industry.

Don't gamble with your future, register today! Go to www.nailta.org.

Title insurers to issue refunds to 3,500 Coloradans - Denver Business Journal:

Title insurers to issue refunds to 3,500 Coloradans - Denver Business Journal:

About 3,500 Coloradans will get refunds totaling $393,000 from title-insurance companies and agents, the state's Department of Regulatory Agencies announced Thursday.

It said Chicago Title Insurance has agreed with the state Division of Insurance to refund $266,000 to consumers, Chicago Title Insurance agents will refund an additional $115,000, and Fidelity National Title Insurance and agents will refund $12,500.

Besides the miscalculation of rates, officials said Chicago Title was charging fees for closing services that had not been filed with the Division of Insurance.

You have to be kidding me

How do these people sleep at night?

NewsFeeds 2.12.09 | Richmond BizSense

LandAmerica unit wants funds access (Times-Dispatch)
A LandAmerica Financial Group Inc. subsidiary wants access to customer funds to pay vendors and expenses while going through Chapter 11 bankruptcy proceedings. LandAmerica 1031 Exchange Services Inc. filed the request in U.S. Bankruptcy Court in Richmond and said if it is not granted, the company may be forced into Chapter 7 liquidation bankruptcy.

Petty Larceny on a Grand Scale

From today's Philadelphia Inquirer:

Suit alleges title insurance fraud in New Jersey | Philadelphia Inquirer | 02/04/2009

For example, Deborah M. Bonanni paid a $120 deed-recording fee and a $300 mortgage-recording fee for the Princeton house she bought for $418,000 in 2006.

Mary Ann Kenny Pidgeon, the settlement agent hired for the closing, paid fees of $80 for the deed and $210 for the mortgage at the county office, according to court documents. Pidgeon did not respond today to e-mail and phone requests for comment.

State law sets the recording fees at $30 for the first page and $10 for each additional page.

The lawsuit, which named 13 corporations as defendants, covers consumers who have bought residential real estate in New Jersey since Jan. 22, 2003.

Representatives of defendants Fidelity National Title Insurance Co., First American Title Insurance Co., and LandAmerica Financial Group Inc. said they would not comment on pending litigation.

I had heard of this happening, but never seen it in action. Easily preventable by Title Insurance Underwriters if they really cared to stop it.