PDA

View Full Version : Title Insurance Insurance Fraud


steelermom1
02-13-2008, 06:55 PM
Recently, Title Insurance fraud has been in the news. It is an issue that affects all homeowners. Title Insurance fraud is under investigation in several state, including New York, California, Florida and Colorado. Earlier this month, a title insurance fraud class action lawsuit was filed in New York against the title insurance companies that control most of the market in the US.

Anyone who buys a home or refinances has to buy title insurance, but unfortunately, most consumers know very little about the product. Many people have been overcharged by hundreds of dollars for title insurance without ever realizing it. The four companies that control the title insurance market in the US have been accused of price fixing and paying kickbacks to real estate agents, brokers and others who recommend title insurance companies to consumers. You can find more information on title insurance fraud, how it affects the average consumer, and ways to recoup overcharges at by visiting yourlawyer.com, and clicking "Other Topics" "Title Insurance Price Fixing".

Title insurance fraud is something all consumers should investigate.