Friday, August 5, 2011
RESPRO doesn't like Dodd-Frank...does this surprise you?
In response to the Federal Reserve Board’s rules to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act’s “ability to repay” standards, the Real Estate Services Providers Council Inc. (RESPRO) submitted comments to the Fed warning the agency that its rules will harm affiliated business arrangements (AfBAs).
“Unless federal regulators act now, the Dodd-Frank Wall Street Reform
RESPRO doesn't like Dodd-Frank...does this surprise you?
In response to the Federal Reserve Board’s rules to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act’s “ability to repay” standards, the Real Estate Services Providers Council Inc. (RESPRO) submitted comments to the Fed warning the agency that its rules will harm affiliated business arrangements (AfBAs).
“Unless federal regulators act now, the Dodd-Frank Wall Street Reform
Is Old Republic's mortgage insurance business in run off mode?
"Absent approval to underwrite new production through the separately capitalized subsidiary, it is most likely that the flagship insurance carrier's existing book of business would be placed into run off operating mode. In this circumstance, the Company's interest would be to manage the business within constraints of this segment's current capital base of $445.1 and thereby limit a possible
Is Old Republic's mortgage insurance business in run off mode?
"Absent approval to underwrite new production through the separately capitalized subsidiary, it is most likely that the flagship insurance carrier's existing book of business would be placed into run off operating mode. In this circumstance, the Company's interest would be to manage the business within constraints of this segment's current capital base of $445.1 and thereby limit a possible
Tuesday, August 2, 2011
Demotech withdraws rating of New Jersey Title Insurance Company
Read the press release.
Defalcations are the problem and will continue to be the problem in our industry until and unless we get serious with licensing standards and realize there is alot money moving through agencies with little or no oversight.
Defalcations are the problem and will continue to be the problem in our industry until and unless we get serious with licensing standards and realize there is alot money moving through agencies with little or no oversight.
Demotech withdraws rating of New Jersey Title Insurance Company
Read the press release.
Defalcations are the problem and will continue to be the problem in our industry until and unless we get serious with licensing standards and realize there is alot money moving through agencies with little or no oversight.
Defalcations are the problem and will continue to be the problem in our industry until and unless we get serious with licensing standards and realize there is alot money moving through agencies with little or no oversight.
Sunday, July 31, 2011
state slow to respond
When a private investigator finally tracked down the owner of Choice Title of South Florida in the fall of 2009, the contents of her office were in a pile on her living-room floor and homeowner complaints were mounting in Tallahassee.Milissa Hernandez's company was facing fraud, conspiracy and breach of contract lawsuits. Its underwriter, the respected Old Republic National Title Insurance Co.,
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