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  Parties dispute coverage after failed subdivision plan Wednesday, August 4, 2021 A bank sought a declaratory judgment and monetary damages from its title insurer. It claimed its title policy provisions covering unmarketability of title and right of access were invoked when a contemplated subdivision plan never came to fruition, causing the property to lose value. |
 U.S. agencies take action to prevent evictions Wednesday, August 4, 2021 On July 30, the day before the Centers for Disease Control and Prevention’s eviction moratorium ended, the U.S. Department of Agriculture, U.S. Department of Housing and Urban Development, U.S. Department of Veterans Affairs and the Federal Housing Finance Agency extended their foreclosure-related eviction moratoria until Sept. 30, 2021. |
U.S. launces StopRansomware.govWednesday, August 4, 2021 Agencies across the U.S. government announced new resources and initiatives to protect American businesses and communities from ransomware attacks. The U.S. Department of Homeland Security and the U.S. Department of Justice launched StopRansomware.gov to combat the threat of ransomware.
West Hollywood man sentenced for real estate fraud schemeWednesday, August 4, 2021 A West Hollywood man was sentenced to federal prison for orchestrating a real estate fraud scheme that victimized more than 2,000 homeowners, involved fraudulent filings that affected the title to properties across the country and caused more than $7 million in losses.
 NS3 Preview: Freedom Mortgage Corp.’s CEO addresses leading through changeMonday, August 2, 2021 During the second day of the National Settlement Services Summit (NS3), Stan Middleman, founder and CEO of Freedom Mortgage Corp., will share insights on how to lead through the inevitable change coming to the real estate transaction.
To learn about other sessions that day, read on.
 Buyers sue The Money Store for kickback scheme Wednesday, July 28, 2021 Borrowers who received their mortgages through MLD Mortgage Inc., d/b/a The Money Store, filed a putative class action alleging a kickback scheme between the lender and All Star Title Inc., a Maryland based title and settlement services company. The Money Store moved to dismiss the complaint.
 New York State Legislature passes electronic notarization legislation Wednesday, July 28, 2021 The New York State Legislature has passed legislation providing for electronic notarization and authorizing the use of video and audio conference technology in identifying individuals for electronic notarization. The bill awaits the governor’s signature.
Associations voice concern over possible use of G-feesWednesday, July 28, 2021 Several industry associations, including the American Land Title Association, American Bankers Association, Mortgage Bankers Association and the National Association of Realtors, sent a letter to Sens. Kyrsten Sinema and Rob Portman, requesting they refrain from utilizing Fannie Mae and Freddie Mac guarantee fees as a source of funding offsets for its bipartisan infrastructure framework.
Parties dispute right to property Wednesday, July 28, 2021 Parties with competing claims to property in Kendall County, Texas sued for trespass to try title and quiet title. The case eventually went before the Court of Appeals of Texas, San Antonio.
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