In the news ... Monday, January 19, 2009

Mid-Atlantic Area

 

Delaware

32 The Green

Dover, DE  19901

(302) 734-3570

(800) 722-0784

(302) 734-3254 - fax

 

The 800 King Street Building

800 King Street, Suite 304

Wilmington, DE  19801

(302) 661-1997

(302) 661-1996 - fax

 

Pennsylvania

Three Glenhardie Corporate Center

1265 Drummers Lane, Suite 220

Wayne, PA  19087

(610) 687-8020

(800) 842-2080

(610) 687-6056 - fax

 

Calder Square

P.O. Box 10326

State College, PA  16805-0326

(814) 238-3600

(814) 238-3604 - fax

 

125 Technology Drive, Suite 101

Canonsburg, PA  15314

(866) 364-2777

(724) 746-5434 - fax

 

Maryland

Columbia Corporate Park

8850 Stanford Blvd., Suite 2900

Columbia, MD  21045

(410) 953-6763

(800) 664-8306

(410) 953-6761 - fax

 

Virginia

9303 Center Street, Suite 101

Manassas, VA  20110-5547

(703) 365-2300

(800) 232-6817

(703) 365-2400 - fax

 

1245 Mall Drive

Richmond, VA  23235

(804) 897-5499

(888) 859-9222

(804) 288-4090


ALTA E-MAIL ADDRESS TO SHARE COMPLAINTS


ALTA Creates E-mail Address to Share Complaints About Lenders that Direct Title Insurance Business to "Preferred Providers."

The American Land Title Association ("ALTA") recently sent a letter to HUD complaining that HUD and some lenders were directing settlements of Real Estate Owned ("REO") properties to certain title companies.  For a copy of the letter, click here.

To continue this crusade, ALTA has created an email address for you to send materials showing particular instances of this practice. It is ALTA's intention to share this material with HUD in order to provide HUD with evidence of this violation of the RESPA prohibition against directing title services. You can send links to websites or pages that contain statements such as "buyer must use our title insurance company" or similar directives in conjunction with their REO properties. The e-mail address is respaviolations@alta.org.

This information was largely derived from the ALTA website.  To visit the website, click here .

 

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Old Republic Title Update is published by the Mid-Atlantic Area Office of Old Republic National Title Insurance Company in an effort to provide information relative to our industry on a timely basis. None of the materials included in this publication should be deemed legal or underwriting advice or should be acted upon without prior consultation with your underwriter or counsel.