NAILTA President Speaks To NAIC: Time to Prohibit AfBAs is Now!

Yesterday, NAILTA President, Anthony L. Affatati, was invited to address the National Association of Insurance Commissioners (NAIC) in Washington DC during their Fall Meeting. NAIC is the consortium of each state’s department of insurance regulator which helps to draft rules regarding the industry. Currently, NAIC is working on draft rules regarding escrow account theft and…

Michigan Title Agents: NAILTA To Hold Organizational Meeting

Since 2008, NAILTA has helped to form state independent land title associations in Ohio, Indiana, New Jersey, Kentucky, Louisiana, Minnesota, and Arkansas. On January 15, 2014, we are inviting all interested independent land title agents and their independent-minded settlement service provider colleagues to attend an Organizational Meeting at the Hilton Hotel at the Grand Rapids…

CFPB Finalizes “Know Before You Owe” Mortgage Forms

FOR IMMEDIATE RELEASE: November 20, 2013 CONTACT:     Office of Communications  – Tel: (202) 435-7170   CONSUMER FINANCIAL PROTECTION BUREAU FINALIZES “KNOW BEFORE YOU OWE” MORTGAGE FORMS New Forms Improve Consumer Understanding, Aid Comparison Shopping, and Help Prevent Surprises Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) is issuing a rule today requiring easier-to-use…

CFPB files amicus brief in well-known Edwards v. First American kickback case

On Monday this week, the Consumer Financial Protection Bureau(CFPB) files amicus brief in well-known Edwards v. First American kickback case. From the CFPB website – This case concerns the types of evidence a private plaintiff needs to put forward to demonstrate that a defendant paid for a referral in violation of the Real Estate Settlement Procedures Act…

CFPB FILES suit against BORDERS & BORDERS, PLC – Illegal Kickbacks

  FOR IMMEDIATE RELEASE: October 24, 2013 CONTACT: Office of Communications Tel: (202) 435-7170   CONSUMER FINANCIAL PROTECTION BUREAU FILES SUIT AGAINST BORDERS & BORDERS, PLC FOR PAYING ILLEGAL REAL ESTATE KICKBACKS Company Funneled Kickbacks Through Network of Shell Companies   WASHINGTON, D.C. — The Consumer Financial Protection Bureau today filed a lawsuit in federal district court…