Industry News

Minnesota and HUD to crack down on affiliated title insurers

Mortgage lender agrees to pay $19,812 in restitution and fees
Published on Nov 21, 2006

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by CareyBot

Minnesota and federal housing officials have launched a crackdown on affiliated business arrangements in which real estate brokerages, lenders or builders own a share of companies that provide title insurance. Affiliated business arrangements, or ABAs, are legal in many states ...