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R.I. Supreme Court outlines attorney closing responsibilities
Posted Date: Wednesday, June 3, 2020
In an opinion addressing three cases alleging non-attorney closing agents committed the unauthorized practice of law, the Rhode Island Supreme Court broke down the parts of a real estate closing and identified which are considered the practice of law. Read on for more details.
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Proposed CCPA regulations sent for review
Posted Date: Wednesday, June 3, 2020
California Attorney General Xavier Becerra submitted proposed regulations under the California Consumer Privacy Act (CCPA) to the California Office of Administrative Law (OAL). The regulations will provide guidance to businesses on how to comply with the CCPA and will enable consumers to exercise new rights over their personal information. The OAL now will examine the rules for adherence with statutory requirements. Read on for more details.
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Former owner, buyer dispute quitclaim validity
Posted Date: Wednesday, April 29, 2020
After being arrested for drug trafficking, the former owner of property in Southfield, Mich., sought to provide for his children by transferring the property to their mother’s brother. The mother moved into the property and eventually sought to sell it. When the buyer purchased the property, he was aware of a cloud on title regarding the quitclaim deed, but went ahead with the purchase. The former owner then filed suit against the buyer. Read on for more details.
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Court addresses employment discrimination dispute
Posted Date: Monday, April 27, 2020
A former claims counsel sued his former employer and its chief claims counsel and general counsel, alleging discrimination in violation of Title VII of the Civil Rights Act of 1964 and the Illinois Human Rights Act. Read on for more details and the court’s decision.
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ESRA releases consumer privacy policy statement
Posted Date: Wednesday, May 27, 2020
The Electronic Signature & Records Association (ESRA) released a policy statement recommending a unified standard for consumer privacy and data protection laws. Read on for more details.
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Report shows increase in ransomware attacks
Posted Date: Wednesday, May 27, 2020
Cybercriminals are holding governments hostage more frequently, expanding their attack base, and asking for more money, according to a new report released by Deloitte’s Center for Government Insights. The study explores the rising trend in ransomware attacks on state and local governments. Read on for more details.
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Pennsylvania issues new real estate industry guidance
Posted Date: Friday, May 22, 2020
Pennsylvania Gov. Tom Wolf issued new guidance for businesses in the real estate industry permitted to operate during the COVID-19 Disaster Emergency. It supersedes guidance issued previously. Read on for more details.
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Louisiana passes title producer legislation
Posted Date: Wednesday, June 3, 2020
The Louisiana Legislature passed legislation that will provide qualification and licensing requirements for title insurance producers. Read on for more details.
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Utah order amends temporary producer license process
Posted Date: Wednesday, June 3, 2020
The Utah Insurance Commissioner issued Order 2020-3: Amended Order Eliminating Application Process for Issuing a Temporary Resident Individual Producer License, informing producers that the department’s testing vendor opened its facilities June 1 and that the department will stop accepting applications for temporary producer licenses June 15. Read on for more details.
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Kentucky DOI updates on examinations, temporary licensing
Posted Date: Wednesday, June 3, 2020
The Kentucky Department of Insurance announced that in-person insurance examinations will resume at the department’s office in Frankfort, Ky., on June 15 and it will stop issuing temporary licenses July 31. Read on for more details.
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Former attorney charged with mortgage fraud
Posted Date: Wednesday, June 3, 2020
A former attorney was charged with one count of conspiracy to commit bankruptcy fraud, seven counts of bankruptcy fraud, one count of making a falsification of records in a bankruptcy proceeding, and eight counts of wire fraud. Read on for more details.
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Delaware homeowners sue insurer for denying coverage
Posted Date: Wednesday, May 27, 2020
Delaware homeowners sued, among others, their title insurer, alleging that the company breached its obligation to them under their title policy when it denied coverage of a dispute over an easement. Read on for more details.
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Alabama issues licensing bulletin
Posted Date: Wednesday, May 27, 2020
The Alabama Department of Insurance issued information and directive regarding issues in the Producer Licensing Division caused by the COVID-19 emergency status. Read on for more details.
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Man arrested for frauding Florida seniors
Posted Date: Wednesday, May 27, 2020
Florida Attorney General Ashley Moody’s Office of Statewide Prosecution and Chief Financial Officer Jimmy Patronis’s Department of Financial Services announced the arrest of a California man bilking Florida seniors.
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Bank sues title insurer for loss incurred by encumbrance
Posted Date: Friday, May 22, 2020
After a dispute over lien priority, a bank was forced to sell property for less than its value because of an encumbrance. It sued its title insurer, who defended the lender in the case and appeal, for its loss. Read on for details.
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Property buyer appeals after trial court reverses jury award
Posted Date: Friday, May 22, 2020
A buyer of property online sued after it took nearly two years to occupy the property, and was awarded a $250,000 verdict by a Tennessee jury. The servicer filed a post-trial motion for judgment notwithstanding the verdict and the trial court granted. The buyer appealed.
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CFPB issues COVID-19 related complaint bulletin
Posted Date: Friday, May 22, 2020
The Consumer Financial Protection Bureau issued a report analyzing the complaints received during the COVID-19 pandemic. The bulletin shows that mortgage and credit card complaints top the list of complaints the bureau has received that mention coronavirus or related terms. In April and May, the bureau received historically higher complaints; however, complaints mentioning COVID-related terms amounted to a total of 4,500 complaints during those two months. Read on for more details.
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Georgia disbars closing attorney
Posted Date: Friday, May 22, 2020
The Georgia Supreme Court disbarred a real estate attorney for failing to acquire title insurance for a borrower after collecting the funds to purchase the policy. Read on for more details.
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