DCLTA News

Forged Deeds in DC Home Theft Scheme

A 39-year-old man from South Carolina was sentenced Oct. 19  to 18 months in jail on a federal wire fraud charge stemming from a real estate scheme in which he and others used forged deeds and fake driver’s licenses to fraudulently transfer ownership of District of Columbia homes from the rightful owners. For HERE for

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Why you need title insurance

This recent Washington Post account shows exactly why title insurance is such a necessary part of any home purchase. This unfortunate home owner is trying to convey her house to her children, but an old mortgage holder from more than 30 years ago has shown up demanding payment! Find out what the homeowner’s options may

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Industry News

TRID Title Insurance Fee Disclosure Confuses Consumers

Since rolling out the TILA-RESPA Integrated Disclosures (TRID) rule, the Consumer Financial Protection Bureau has said the goal of the new mortgage disclosures was to make the process of getting a mortgage is easier and to help consumers understand the key features, costs and risks of a loan. When the CFPB proposed its amendments to

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How to Use ALTA’s Homebuyer Guide: Marketing One-pagers

ALTA created the Homebuyer Guide to help members easily communicate the benefit of owner’s title insurance. The Homebuyer Guide includes more than 60 marketing resources available for direct-to-consumer communication. These materials are available exclusively to members. In this post, we focus on how you can use the various marketing one-pagers that are available. These can

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