#title-insurance

#title-insurance

FinCEN is intensifying efforts to combat illicit financial activities in the U.S. real estate market through targeted geographic and monetary thresholds.

Title companies cannot offer real estate agents incentives to direct business, as it constitutes illegal inducement under California law.

Fraud costs American consumers $10 billion in 2023, with real estate fraud increasingly impacting homeowners.

The title insurance industry is combating various types of fraud, including seller impersonation and wire fraud.

TRG's acquisition of Doma Holdings positions it as the fifth largest independent title underwriter in the U.S.

Title insurance premiums rose 5.3% annual growth in Q3 2024, contrasting increased claims and operating expenses.

High interest rates and limited housing supply continued to challenge the housing market.