December 17, 2014: CFPB sued a Texas-based company, Union Workers Credit Services, for deceiving consumers into paying fees to sign up for sham credit cards. The Bureau alleged that the… Read More »
News
November 13, 2014: CFPB ordered a California mortgage lender, Franklin Loan Corporation to pay $730,000 in compensation to affected consumers who were purportedly steered towards higher interest loans by 32… Read More »
October 9, 2014: CFPB took action against M&T Bank for allegedly deceptive advertising of free checking accounts. The CFPB found that M&T supposedly lured in consumers with promises of “no… Read More »
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… Read More »
Federal bank regulators have proposed regulations that would require automatic escrowing of the premium payments on flood insurance policies. Federally regulated mortgage lenders are already required to make sure borrowers… Read More »
Some industry analysts are pessimistic about the outlook for the housing market; others are uncertain. Pat Stone, President and CEO of Williston Financial Group (WFG National Title’s parent company) is… Read More »
WFG is at it again! We’re finding more ways to help our agents. This time, we’re targeting the Agent Management System (AMS) – the platform you use to generate Closing… Read More »
WFG’s auditors are an experienced, hard-working and interesting bunch. They share a love of travel (a very good thing, as they do a lot of it), extensive industry knowledge (all… Read More »
Agents’ Q&A
Q: I am aware that federal tax liens raise a variety of complicated title questions. What are the most important ones for title agents to address? A: Steven Winkler, WFG’s… Read More »
Housing industry analysts bemoaning declining home ownership rates have blamed millenials (20- and 30-somethings) for turning their backs on the American Dream. But a recent article in The Atlantic contends… Read More »