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Title company sues closing attorney for malpractice
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Court Report
Thursday, October 29, 2015
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After discovering that the purported borrowers in a real estate transactions were imposters and had convinced a mortgage lender to wire loan proceeds to a Swiss bank account, the lender made a claim with its title insurance provider. Once the claim was paid, the title insurer, as subrogee of the lender, sued the law firm and lawyer who represented the lender in the transaction, alleging malpractice. Read on for more details.
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