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Posted Date: Monday, April 22, 2024
An entity that purchased property in Fort Worth, Texas, discovered after the sale that a company had a general utility easement on the property and planned to construct a pipeline on the property. The entity’s title insurer handled the claim, but the parties disputed how it should be handled and the entity filed suit.
Court Report
Posted Date: Wednesday, April 17, 2024
The Ninth U.S. Circuit Court of Appeals recently heard an appeal of a district court’s grant of summary judgment to a title insurer on a lender’s claims for coverage under its title policy when its deed was extinguished after a homeowners association enforced its superpriority lien for delinquent assessments.
Court Report
Posted Date: Wednesday, April 10, 2024
The Court of Appeals of Washington recently determined who bore the risk of loss after an escrow agent absconded with the escrow funds before the escrow conditions were satisfied. The trial court had concluded the borrower bore the risk and dismissed the borrower’s claims against the lending entities, and the borrower appealed.
Court Report
Posted Date: Monday, April 8, 2024
In a case originally brought by a title insurer related to a fraudulent wire transfer, a group of defendants sought dismissal from the suit, arguing that the court lacked jurisdiction over them.
Court Report
Posted Date: Monday, April 8, 2024
Qualia Labs Inc., d/b/a Qualia Software Inc., filed an appeal in the Fourteenth Court of Appeals of a decision handed down last month by the District Court of Harris County, Texas, granting Stewart Title Co.’s motion for summary judgment in their software licensing dispute.
Court Report
Posted Date: Wednesday, April 3, 2024
The title companies that eventually were forced to purchase property after the U.S. Department of Housing and Urban Development (HUD) failed to record a reconveyance of a deed of trust on a reverse mortgage it held filed suit against HUD and the loan servicer. The servicer’s email system had been compromised and bad actors sent a fraudulent payoff statement to the title companies when conducting a sale of the subject property.
Court Report
Posted Date: Monday, April 1, 2024
A bank that held the mortgage on property in Las Vegas filed suit against the title insurer that insured the lender’s title interest after a homeowners association foreclosed on its lien and sold the property. The insurer moved to dismiss the case.
Court Report
Posted Date: Monday, March 25, 2024
After entering into a real estate purchase option agreement to help alleviate her growing debt, the owner of property in Washington State discovered the true terms of the agreement when she filed for voluntary bankruptcy. She then filed suit against the escrow agent that facilitated the transaction.
Court Report
Posted Date: Wednesday, March 20, 2024
The District Court of Harris County, Texas, granted Stewart Title Co.’s motion for summary judgment in its software licensing dispute with Qualia Labs Inc., d/b/a Qualia Software Inc.
Court Report
Posted Date: Wednesday, March 20, 2024
Missouri is the latest state to file suit against MV Realty for its deceptive practices in marketing its services.
Court Report