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Property owner sues after real estate purchase option agreement Monday, March 25, 2024 After entering into a real estate purchase option agreement to help alleviate her growing debt, the owner of property in Washington State discovered the true terms of the agreement when she filed for voluntary bankruptcy. She then filed suit against the escrow agent that facilitated the transaction. |
Florida passes bill on electronic access to official records Monday, March 25, 2024 The Florida Legislature passed legislation requiring the county recorder or clerk of court to make certain information publicly available through a searchable database on the county recorder’s or clerk of court’s official website. The bill awaits the governor’s signature. |
October Research shares challenges facing title industry with NAICMonday, March 25, 2024 October Research CEO and Publisher Erica Meyer and Chief Knowledge Officer Mary Schuster were invited to speak to the National Association of Insurance Commissioners Title Insurance Task Force about the daily challenges faced by title insurers.
Schuster shared some of the specifics of the presentation. Read on for more.
FinCEn director speaks during international anti-money laundering conferenceMonday, March 25, 2024 Financial Crimes Enforcement Network Director Andrea Gacki joined public and private sector financial industry leaders this week at the Financial and International Business Association’s (FIBA) annual anti-money laundering conference to discuss regulatory expectations and best practices to prevent financial crimes.
Members of Congress scrutinize FHFA Title Acceptance Pilot Wednesday, March 20, 2024 Several members of Congress have voiced “serious concerns” with the Federal Housing Finance Agency’s announcement of a new Title Acceptance Pilot which would waive the requirement for lender’s title insurance on certain refinances.
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