Industry News

HUD settles captive title reinsurance allegations for $1.95M

Home builders accused of RESPA violations
Published on Oct 16, 2006

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by CareyBot

Three home builders — Shea Homes Inc., William Lyon Homes and Fulton Homes — have agreed to pay the Department of Housing and Urban Development $1.95 million to settle allegations they engaged in captive reinsurance. The agreements include a $950,000 ...