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LAWSUITS NEWS & LEGAL INFORMATION

Chicago Title Insurance Company

Along with this company, the Department of Housing and Urban Development, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision allegedly violated Section 4 of the Real Estate Settlement Procedures Act by providing inaccurate HUD-1 Settlement Statements to lenders and their borrowers. Chicago Title has agreed to pay $5 million to the US Treasury and $1.2 million to the Texas Department of Insurance for residential and commercial mortgage fraud in the real estate market. (Feb-28-05) [ALL AMERICAN PATRIOTS]


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Published on Mar-5-05


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