Industry News

Companies agree to $1.6 million settlement in title reinsurance probe

California, Colorado among states conducting own investigations
Published on Jul 18, 2006

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by CareyBot

A national mortgage lender and two major home builders who engaged in captive title reinsurance have reached a $1.6 million settlement with the Department of Housing and Urban Development, HUD announced today. HUD has reached a $650,000 settlement with CitiMortgage ...