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After a bank filed a foreclosure action against her property on a loan used for home repairs that were not completed, a New Jersey homeowner filed counterclaims alleging that the home improvement contractor, with the knowing or unknowing assistance of a mortgage broker and title company, swindled money she borrowed from a mortgage company. The case eventually went before the Superior Court of New Jersey Appellate Division.

After the massive data breach at Equifax impacting an estimated 143 million U.S. customers, the New York Department of Financial Services issued guidance to all of its regulated entitles relating to the breach. Read on for more details.

When his building company could not sell a home it had built, the manager and his then-wife purchased the property, which became their homestead. In purchasing the property, they signed two promissory notes, the first of which was not property acknowledged by the notary. When the manager defaulted on the note and Mutual filed suit for judicial foreclosure, the manager counterclaimed. Read on for more details.

A homeowner filed suit against parties that foreclosed on his Chula Vista, Calif., home alleging that the parties maliciously foreclosed on the property. Read on for more details.

CoreLogic released its latest Mortgage Fraud Report, showing that at the end of the second quarter of 2017, there was a 16.9 percent year-over-year increase in fraud risk. Read on for more details.

An Atlanta, Georgia man was sentenced to three years in prison, followed by five years of supervised release, for his role in a bank fraud scheme that resulted in losses of approximately $2.7 million.

As assignee under a professional liability insurance policy, a national title insurer filed suit against a professional liability insurer for breach of contract for not fulfilling its obligation to defend its policy holder, a title agency, in the suit the title insurer brought against it. Read on for more details.

During the hearing of the House Financial Services Committee Financial Institutions and Consumer Credit Subcommittee regarding legislative proposals for a more efficient federal financial regulatory regime, the American Land Title Association provided a statement for the record on the TRID Improvement Act of 2017, one of the bills being discussed at the hearing. Read on for more details.

After discovering delinquent taxes resulting from the seller’s ongoing dispute with the board of revision’s decision to assign the property a higher valuation than the seller thought should be, the purchaser was told that the tax dispute would not be an issue. The sale was completed and the tax appeals were resolved, after which time the buyer received a significant tax bill. The buyer sued its title agent for failing to provide it information regarding the potential property tax issues. Read on for more details.

Illinois Gov. Bruce Rauner signed legislation that amends the Predatory Lending Database Article of the Residential Real Property Disclosure Act. Among other things, it makes changes to the information that must be collected and submitted by the title insurance company or closing agent. Read on for more details.