News By Edition

Multiple real estate operators and their companies are the target of a lawsuit filed by Arizona’s attorney general, alleging an organized fraud scheme that targeted homeowners facing foreclosure. The lawsuit names title companies and law firms that allegedly took part in the fraud.

Title insurance for state land purchases could finally be on the horizon for New York, with the issue being considered in the state’s latest budget. The move is supported by several groups, including the New York State Land Title Association.

Newly-confirmed FHFA director Bill Pulte has named himself chairman of both Fannie Mae and Freddie Mac amid the dismissal and replacement of multiple board members.

A new, malicious and advanced ransomware vector prompted an advisory statement from the Cybersecurity & Infrastructure Security Agency and the FBI, complete with warning signs and recommendations.

The union representing employees of the Consumer Financial Protection Bureau pleaded their case to end the work stoppage initiated by acting director Russ Vought in a series of hearings in the D.C. District Court.

A state house bill that has passed committee in the Arizona legislature would reform zoning laws to reduce municipal oversight of the homebuilding process and lift restrictions on new construction, in an effort to address the nationwide housing inventory shortage.

The Wisconsin Office of the Commissioner of Insurance reminded insurers of the laws and regulations governing the use of artificial intelligence and provided specific metrics to follow.

In response to the U.S. Treasury’s announcement that the Corporate Transparency Act would not be applied domestically, U.S. Sens. Sheldon Whitehouse and Chuck Grassley are seeking answers.

Bill Pulte was confirmed as director of the Federal Housing Finance Agency on March 13, prompting praise from some corners of the housing industry despite lingering questions over affordability and conservatorship.

New York Attorney General Letitia James has introduced the Fostering Affordability and Integrity through Reasonable (FAIR) Business Practices Act in wake of federal cuts to national consumer protection initiatives, including to the Consumer Financial Protection Bureau.

A bill under review in the Texas senate would, if passed, amend the state’s property code to require attorney, title agent or escrow oversight for property instruments to be recorded.

According to a new report from the California insurance commissioner, insurers in the state have paid out more than $12 billion for damages incurred by the recent Los Angeles-area wildfires.

The Supreme Court of Montana considered an appeal from the state’s Fifth District Court involving property owners that clashed with their title insurance company over the handling over a private access road.

The U.S. Treasury’s Financial Crimes Enforcement Network has issued a geographic targeting order for money services businesses across two states to address cartel-related money laundering and other illicit activities along the southwestern border.

The California Department of Financial Protection and Innovation is working with the California Department of Justice to shut down 26 crypto scam sites and uncover $4.6 million in consumer losses.

California Insurance Commissioner Ricardo Lara announced appointments to the California Workers’ Compensation Insurance Rating Bureau and the state’s Insurance Diversity Task Force. 

A Nigerian national accused of partaking in a multi-million dollar mortgage fraud scheme as a settlement services agent was extradited from Nigeria in September 2024 and made his first court appearance in federal court on March 7.

The latest version of the SECURE Notarization Act is currently under House committee review and would, if passed, would establish federal minimum standards for electronic notarizations and remote notarizations.

An open letter signed by 312 state and national organizations, including consumer advocacy, civil rights and legal services entities, urged lawmakers to oppose institutional attacks upon the Consumer Financial Protection Bureau.

According to a study by the Harvard Law School Forum on Corporate Governance, the modern cybersecurity landscape demands vigilance from C-suite leadership.

The North Dakota Insurance Department has announced that it assisted more than 1,500 consumers in 2024, recovering more than $2 million for policyholders, more than double the amount recovered in 2023.

In 2024, the Tennessee Department of Commerce & Insurance’s Division of Regulatory Boards issued or renewed 163,496 professional licenses, an increase of 8,559 over 2023.

Missouri Gov Mike Kehoe named the next director of Missouri’s Department of Commerce and Insurance.