North Carolina industry appointment updates - 6/4/2007

Jun 03, 2007

Orlando Title and Escrow III opens new corporate and branch officesMortgagePress.comFlorida title and escrow companies Orlando Title & Escrow III has opened its new corporate office and first branch office in Longwood, Fla. The new corporate office is located at 272 W. Warren Ave., and the branch office is located at 2009 Longwood Lake Mary Road. Orlando Title & Escrow III is a real estate services provider (title insurance, escrow fund management and closings) based in Longwood, Fla. For more information, call (407) 302-3004 or visit www.orlandotitlegroup.com.

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Jun 03, 2007

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....