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  More UPL cases being heard by Rhode Island Supreme Court Wednesday, July 18, 2018 In addition to a recently reported case brought by the Rhode Island Unauthorized Practice of Law Committee against a notary closer, asking the Rhode Island Supreme Court to rule on whether the actions were taken by the notary constituted the practice of law, the court also received reports from the committee regarding a licensed title agent and the agency he owned and an attorney who operated a title agency. In each case, the court issued an order for a hearing to be held and for amicus briefs to be filed within 60 days of the June 18 orders. Read on for more details. |
 Vermont adopts new notary law, MBA/ALTA write to cautionWednesday, July 18, 2018 Vermont recently adopted a new notary law that, among other things, allowed for electronic and remote online notarizations to be done in the state, joining several others who have done the same during the latest legislative session. The bill requires the secretary of state to create many of the rules regarding how these types of notarization are to be done. The Mortgage Bankers Association and American Land Title Association, however, wrote to the secretary of state to urge him to hold off drafting regulations until the legislature takes a closer look at the new law. Read on for more from the statute and the letter. |
 Stewart sues to recover funds following fraud schemeWednesday, July 18, 2018 After uncovering a fraud scheme involving the financing of a high-end rental property in California, Stewart Title sued the players involved to recover funds which it paid out under its title insurance policy. When the defendants refused to comply and answer summons and complaints, Stewart filed for default judgment. The U.S. District Court in the Southern District of California sided with Stewart on some counts but would not grant default judgment on allegations of fraud, negligence and RICO. |
Appellate court examines personal responsibility in contractWednesday, July 18, 2018 A real estate brokerage which did not get paid its commission on a commercial transaction sued the party and principal to recover its commission, only to find that the company which sold the property re-assigned its interest and since was dissolved. A trial court found it was the personal responsibility of the principal to pay the commission, and the principal appealed. Read on for the decision of the appellate court in the case.
Family sentenced for foreclosure rescue fraud Wednesday, July 18, 2018 A husband, wife and daughter who owned and managed Los Angeles -area foreclosure rescue companies were sentenced to time in prison for their roles in a foreclosure rescue scheme. Read on for more details.
Georgia couple faces condo fraud charges Wednesday, July 18, 2018 A federal indictment was unsealed charging a couple from Moultrie, Ga., with conspiracy to commit bank fraud involving a condominium conversion of a former apartment complex. Read on for more details.
 Trade associations urge Senate support of TRID bill Monday, July 16, 2018 Several trade associations, including the American Bankers Association, American Escrow Association, American Land Title Association, Mortgage Bankers Association and Credit Union National Association, wrote a letter to the Senate urging them to support the TRID Improvement Act of 2018, which amends RESPA to allow the accurate disclosure of title insurance premiums. Read on for more details.
 Congressman questions Fed on wire fraud Monday, July 16, 2018 Rep. Randy Hultgren (R-Ill.), wrote a letter to Federal Reserve Chairman Jerome Powell, voicing concern that the Federal Reserve’s current policies may not be adequate to fight wire fraud and submitted questions for him to answer. Read on for more details.
 Buckly Sandler partner speaks on diversity at NS3Monday, July 16, 2018 At the 2018 National Settlement Services Summit (NS3) in Detroit, Buckley Sandler, LLP Partner Valerie Hletko addressed conference attendees about diversity within one’s office and company, as well as policies employers should implement to achieve both diversity and inclusion amongst co-workers. Read on for more details.
Fraudster seeks to overturn her conviction Monday, July 16, 2018 A woman who held out her company as an agent of an underwriter, though her authorization had been terminated, was convicted of several counts of mail fraud. She appealed to the Third U.S. Circuit Court of Appeals. Read on for more details.
Purchaser sues deed holder to quiet title Monday, July 16, 2018 After discovering that property he purchased was subject to a deed of trust as part of an agreement for sale of other property by the seller of his new property, the purchaser brought a quiet title action against the deed holder. The deed holder then counterclaimed for judicial foreclosure of the deed and brought additional third party claims. Read on for more details.
TRO granted as Illinois seeks to amend financial interest disclosure formWednesday, July 11, 2018 A state judge granted a request for a stay of implementation against the Illinois Department of Financial and Professional Regulation, which was scheduled to implement a revised DS-1 Disclosure of Financial Interest Form this month. The case was filed by Attorneys’ Title Guaranty Fund Inc. and joined by the Illinois Land Title Association. Read on for more details.
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