by Jeanne Johnson of LandRec.com
More Title Insurance employees will be looking for jobs. LandAmerica Financial Group Inc., a Virginia based company, started in 1925, is closing shop. It filed formal notice with the State of Virginia that all remaining headquarters jobs will be eliminated by Dec. 31. Employees will receive no severance.
by Jeanne Johnson of LandRecs.com
Title Companies – All those line items for: Settlement or closing fee, Abstract or title search, Title examination, Title insurance binder, Document preparation, Notary fees, Title Insurance premiums, courier fees, Admin fees, fax fees, email fees, processing fees, are going away… Fees will be either elimninated, or at the very least, reduced to cost under the new RESPA. No longer will the common mark-ups be acceptable, nor can they be hidden from the customer in a myriad of confusing fees.
by Jeanne Johnson of LandRec.com
Here is an adaptation from Wesley Darity’s PrivacyGurus Newsletter. It is a good reminder that we often don’t think when giving out private information that could turn into a huge problem!