The state of Ohio, through Attorney General Dave Yost, filed suit against United Wholesale Mortgage, LLC over allegations it violated the state’s Residential Mortgage Lending Act and Corrupt Sales Practices Act by deceiving homebuyers.
The D.C. Circuit Court of Appeals partially stayed a preliminary injunction against the Consumer Financial Protection Bureau and ordered the agency to fulfill its statutory functions. The district court that imposed the injunction in March intervened again in response to a reduction in force directive by the bureau following the appeals court’s ruling.
A new risk report from FundingShield found title and wire fraud-related security issues with nearly half of all transactions surveyed in the first quarter out of a portfolio worth roughly $80 billion, which the report said indicates poor oversight by lenders and closing agents.
The state legislature of Arkansas has sent a bill to the governor’s office which would require county recorders to see a valid form of photo identification before processing a real estate deed.
In an alert to its members, a title attorney association warned of a new variant of the imposter fraud scheme that has been attempted upon and prevented by at least one member during a significant residential property transaction.
A former settlement and title processor from Maryland pleaded guilty in federal court to knowingly making false statements to financial institutions in connection with real estate transactions as part of scheme to illegally obtain more than $35 million.
The U.S. Treasury’s Financial Crimes Enforcement Network has again renewed geographic targeting orders requiring title insurance companies to identify the individuals behind shell companies involved in non-financed purchases of residential real estate.
MV Realty, a Florida-based real estate company that has faced legal action in several states, has been hit with an injunction requested by the Florida attorney general’s office, which has investigated the company for deceptive practices.
More than 170 Colorado homeowners have been released from “onerous” agreements with California-based real estate company HomeOptions after a settlement was reached by the state’s attorney general.
The Government Accountability Office published a list of recommendations for how three federal agencies tasked with identifying and preventing scammers from harming consumers, companies and national security can better collaborate to accomplish certain shared objectives.
The Insurance Consumer Privacy Protection Act of 2025 was introduced to the California State Senate on April 9, aiming to establish a framework of modern privacy rights for insurance licensees and their third-party service providers.
A real estate broker from Chicago was sentenced to more than four years in federal prison for his role in a multi-year fraud scheme that cost investors more than $3 million.