September 30, 2014: CFPB ordered a Michigan title insurance agency, Lighthouse Title, to pay a civil penalty of $200,000 for what they (‘The Bureau’) believed were illegal quid pro quo referral agreements/marketing service agreements (MSAs). The Bureau’s interpretation was that Lighthouse Title violated the Real Estate Settlement Procedures Act (RESPA), which prohibits, among other things, providing something of value to any person with an agreement or understanding that the person will refer real estate settlement services. Under the terms of the consent order, Lighthouse Title was required to terminate any existing MSAs with companies in a position to refer business to Lighthouse, and was prohibited from entering into new MSAs with any such companies.
Williston Financial Group Acquires West Coast Local Retail Title Operations from Doma
Transaction helps drive Company’s new singular strategy and refined focus...
WFG NATIONAL TITLE INSURANCE COMPANY APPOINTS DAVID JENKINS AS SVP, NATIONAL AGENCY MANAGER AND PROMOTES TIM HOOPER TO SVP, MID-ATLANTIC REGIONAL MANAGER
Portland, Ore., April 11, 2023 – WFG National Title Insurance...
Title Industry Visionary Patrick Stone Offers Insights on How to Survive and Thrive in the Current Down Market
During the recent Q4 WFG Insights: Quarterly Economic Outlook webinar, WFG National...
WFG Insights - 2023 Forecast: WFG's Patrick Stone Offers an Optimistic Outlook for the Second Half of the Year
There’s no question the first half of this year will...
WILLISTON FINANCIAL GROUP EXECUTIVE CHAIRMAN AND FOUNDER PATRICK F. STONE AND ECONOMIST BILL CONERLY, Ph.D. TO HOST Q4 'WFG INSIGHTS: QUARTERLY ECONOMIC OUTLOOK' WEBINAR ON DECEMBER 15TH
The popular and influential quarterly webinar features analysis and insights...