News By Edition

With one injunction against the Corporate Transparency Act lifted by a Jan. 23 U.S. Supreme Court ruling, another injunction looms, leaving enforcement action by the U.S. Treasury’s Financial Crimes Enforcement Network stalled.

U.S. Rep Troy Downing introduced legislation to fully eliminate the U.S. Treasury’s Federal Insurance Office, with the stated goal of returning insurance regulatory authority to state agencies.

While arbitrating a property boundary dispute with their neighbor, a household of co-plaintiffs sought defense and indemnification in the dispute from their title insurance company. The title company denied coverage, and the plaintiffs filed suit.

Connecticut Attorney General William Tong advised businesses and consumers on the new data privacy regulations that went into effect in the state on Jan. 1.

A state bill currently under committee review in Oregon would, if passed, create a task force dedicated to researching and implementing strategies for preventing title fraud.

A new state bill introduced in Massachusetts proposes the creation of a pilot program to explore the use of blockchain technology for property record storage.

An Indiana man received 10 years in prison for stealing nearly $3 million through a series of identity theft and wire fraud schemes targeting government institutions, property owners and private individuals, including stealing five homes by filing fake deeds.

The Maryland Office of Financial Regulation has provided new guidance on licensing requirements in regard to mortgage trusts and their assignees.

A state bill currently under committee review in the Mississippi statehouse would change the position of commissioner of insurance from an elected position to one appointed by the governor.

A Kansas house bill would require title agents to make their audit reports available for inspection instead of submitting such reports annually, while also adjusting surety bond requirements and eliminating the controlled business exemption in certain counties.

A businessman from suburban Chicago has been sentenced to a three-year prison term after pleading guilty to federal bank fraud in connection to mortgage loans obtained through falsified documents.

The Consumer Financial Protection Bureau released a series of recommendations for how state-level regulators can modernize their standards and practices using existing legal frameworks.

Overriding a Biden-era policy, an executive order by President Donald Trump sets the tone for the new administration’s stance on artificial intelligence and suggests a long-term goal of promoting American leadership in the developing technology.

A now-disbarred Hazlet, N.J., real estate attorney who previously pleaded guilty to stealing nearly $1.18 million from 60 of his clients has been sentenced to 10 years in prison by the Monmouth County Superior Court.

The American Escrow Association is mourning the loss of Senior Policy Advisor Arthur Davis III, Esq., who had provided representation to the organization for more than 30 years.