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Dream Finders Homes Acquires Alliant National Title Insurance

Dream Finders Homes Acquires Alliant National Title Insurance

by Phil Hall | Oct 29, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Dream Finders Homes (NYSE: DFH), a homebuilder based in Jacksonville, Florida, announced its acquisition of Alliant National Title Insurance Company Inc. and a related affiliate. Based in Longmont, Colorado, Alliant National is a title insurance underwriter with more...
District of Columbia in $3.3 Million Settlement with Title Insurance Firms Over Kickback Schemes

District of Columbia in $3.3 Million Settlement with Title Insurance Firms Over Kickback Schemes

by Phil Hall | Aug 29, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

District of Columbia Attorney General Brian L. Schwalb announced a settlement where Allied Title & Escrow LLC, KVS Title LLC, Modern Settlements LLC, and Union Settlements LLC will pay a combined $3.29 million after his office investigated illegal kickback schemes...

Doma Title Insurance to Offer ID Verification Tool to Agents and Attorney

by Phil Hall | Aug 9, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Miami-based Doma Title Insurance Inc. has partnered with Intellicheck, a provider of digital and physical identity validation solutions, to offer Doma’s independent title agents and approved attorneys a new tool designed to detect seller impersonation. During 2023,...
CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’

CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’

by Phil Hall | May 30, 2024 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has begun a public inquiry into mortgage closing costs, claiming that so-called “junk fees” are inflating these costs. The agency issued a request for information regarding which fees are subject to competition, how fees...
Average Title Insurance Claim Cost for Fraud and Forgery is $143,000

Average Title Insurance Claim Cost for Fraud and Forgery is $143,000

by Phil Hall | May 20, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Fraud and forgery claims represent 21% of the total dollars spent by title insurers on claims expense and losses, with an average claim cost of over $143,000, according to data released by the American Land Title Association (ALTA). A new independent analysis...
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