HUD Updates the FAQs for Updated RESPA

by Dave Wirsching

HUD Updates their RESPA FAQ.

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The First American Corporation Reports Results for the Second Quarter of 2009

by Dave Wirsching

Net income was $70.3 million, or 75 cents per diluted share, compared with $19.6 million, or 21 cents per diluted share, in the second quarter of 2008

Adjusted earnings per diluted share of 89 cents, or 75 cents including net realized investment losses

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The Pennsylvania Attorney General: ABA’s should be Unlawful

by Francine D'Elia Wirsching

Every day, the real estate and banking industries are disregarding the best interest of the consumer by not only allowing, but encouraging, conflicts of interest in real estate transactions. And it appears the Attorney General of the Commonwealth of Pennsylvania agrees.

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Stewart Reports smaller Q2 Loss

by Dave Wirsching

Stewart reported a smaller Q2 loss, but still came in at ($1.14) per share.

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Wall Street Journal On Title Insurance

by Dave Wirsching

It was a review of issues in the industry, most notably pressure on pricing. Buried deeper in the article were two items that haven’t seen national attention before – ABA conflicts of interest and advice for consumers to shop for title insurance before committing to a lender or real estate agent.

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Fidelity National Financial, Inc. Reports Second Quarter 2009 EPS of $0.40

by Dave Wirsching

Fidelity National Financial reports Q2 2009 results

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Fed Proposes new Reg Z rules that impact Title Insurance

by Dave Wirsching

The Fed is also proposing that lenders provide clearer information on how borrower payments might change under ARMs. And it wants to revise how the annual percentage rate, or APR, is calculated in disclosures to reflect several routine costs that are passed on from the lender to the borrower, such as title insurance.

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New look and a “new” sponsor

by Dave Wirsching

Welcome to the new Clearing Title.

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Title insurers to issue refunds to 3,500 Coloradans – Denver Business Journal:

by Dave Wirsching

About 3,500 Coloradans will get refunds totaling $393,000 from title-insurance companies and agents, the state’s Department of Regulatory Agencies announced Thursday.

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You have to be kidding me

by Dave Wirsching

A LandAmerica Financial Group Inc. subsidiary wants access to customer funds to pay vendors and expenses while going through Chapter 11 bankruptcy proceedings.

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