coupla chuckles

CHUKLE #1  "Brown said the treatment of home warranties under the Real Estate Settlement Procedures Act, which prevents kickbacks for referrals among settlement service providers, is one of the issues facing real estate firms, home warranty companies and consumers. Since home warranties are not a requirement for a mortgage origination or home sale, NAR believes that including the optional

coupla chuckles

CHUKLE #1  "Brown said the treatment of home warranties under the Real Estate Settlement Procedures Act, which prevents kickbacks for referrals among settlement service providers, is one of the issues facing real estate firms, home warranty companies and consumers. Since home warranties are not a requirement for a mortgage origination or home sale, NAR believes that including the optional

HUD continues to clean house on RESPA violation cases

WASHINGTON, DC - July 13, 2011 - (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with Prospect Mortgage, LLC (Prospect) to settle allegations the California-based mortgage lender created sham affiliated business arrangements for the purpose of paying improper kickbacks or referral fees in violation of Federal Housing

HUD continues to clean house on RESPA violation cases

WASHINGTON, DC - July 13, 2011 - (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with Prospect Mortgage, LLC (Prospect) to settle allegations the California-based mortgage lender created sham affiliated business arrangements for the purpose of paying improper kickbacks or referral fees in violation of Federal Housing

query: how does an insurer cancel title insurance

Hmmm....as far as I know, once issued, the title insurance policy cannot be cancelled.  Now, if you are talking a title insurance commitment, that's different.  An insurer can refuse to insure, even if a commitment has been issued.

query: how does an insurer cancel title insurance

Hmmm....as far as I know, once issued, the title insurance policy cannot be cancelled.  Now, if you are talking a title insurance commitment, that's different.  An insurer can refuse to insure, even if a commitment has been issued.

FNF agreed to cease the practice of paying real estate brokers.....THANK YOU HUD.

FNF agreed to cease the practice of paying real estate brokers that place orders via the software platform for title insurance and other services.

"RESPA is very clear that paying fees or providing anything of value for the simple act of referring business is a violation of law," said Acting FHA Commissioner Bob Ryan. "This agreement should be a signal to others that these business