Seller impersonation fraud is no longer a fringe risk concentrated in vacant-land transactions. A new title-industry study shows attempts have become substantially more common, targets are broadening and criminals are increasingly using spoofed communications and...
First American Title is expanding its property-monitoring service beyond customers who close directly with the company, giving participating independent title agents a new way to alert eligible homeowners to suspicious deeds, liens and property listings after closing....
A former Florida attorney who owned a title company has pleaded guilty to three counts of wire fraud in a real estate scheme that federal prosecutors say exploited private lenders, mortgage lenders, escrow accounts and title-insurance representations. Michael Saracco,...
The US title insurance industry generated $4.5 billion in premiums during the first quarter, up from $3.9 billion in the same period one year earlier, according to a data report from the American Land Title Association (ALTA). The title insurance industry paid nearly...
The American Land Title Association (ALTA) has announced two new policy endorsements designed to help protect homeowners from seller impersonation fraud. The title insurance endorsements will allow new and existing homeowners to add coverage that offers post-policy...