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Insurance

Sep. 29, 2005

Real Estate Industry Should Brace for Probes and Fines

Focus Column - Insurance Law - By Peter J. Laufenberg - From the desk of the insurance commissioner of Florida to Insurance Commissioner John Garamendi in California, there are ongoing investigations regarding alleged violations of the Real Estate Settlement Procedures Act. Many title insurers are settling these cases by reaching into their pocketbooks to pay stiff fines, and lenders and mortgage and real estate brokers may be the next targets.

        
        
        
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