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Court upholds FDIC suit against St. Louis title agency
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Court Report
Tuesday, February 18, 2014
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The U.S. District Court for the Eastern District of Missouri upheld a suit from the Federal Deposit Insurance Co. against a St. Louis title agency for breach of contract and negligence. The FDIC alleged that the title agency failed to disclose documents, failed to follow closing instructions and improperly disbursed loan funds at the closing of a residential loan. Read on for more details.
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