Associated Bank v. Stewart Title

The U.S. District Court for the District of Minnesota broke down the parties’ arguments in determining what duties a title insurer had to a lender who had discovered it was a victim of a real estate investment scam. The buyer had made the loan unknowingly, thinking it was part of a group of real estate investors. The lender and buyer reached a settlement on the amount owed before the lender sued the title company for breach of contract.