Agent Meeting | PLTA Committee Meeting.
Tuesday, October 05, 2010 At 03:00 PM
Meeting will be held at the PLTA office.
Lancaster County woman convicted of fraud – The York Daily Record
Lancaster County woman convicted of fraud
By KEVIN HORAN
Daily Record/Sunday News
Updated: 09/14/2010 11:40:08 AM EDT
A 48-year-old Mount Joy, Lancaster County, woman was convicted of wire fraud last week after she defrauded a Jacobus real estate settlement firm and a real estate title insurance company out of more than $266,000, the U.S. Department of Justice said.
According to the department:
The woman, Shawn Chambers-Galis, diverted more than $273,000 from the escrow accounts of her Jacobus firm, Donegal Settlement Services, money which should have gone toward paying off mortgages at real estate closings. Commonwealth Land Title Insurance Company paid $266,309 to clear the properties’ titles.
Chambers-Galis deposited at least $142,691 of the diverted money into her personal checking account and used $22,500 more to buy a real estate agency franchise.
The jury acquitted Chambers-Galis on four related unlawful monetary transaction counts.
U.S. District Judge William W. Caldwell deferred sentencing pending preparation of a pre-sentence report.
via Lancaster County woman convicted of fraud – The York Daily Record.
First American Title Insurance Company Introduces Mortgage Services Division — SANTA ANA, Calif., Sept. 13 /PRNewswire-FirstCall/ —
—New Division Provides Title, Settlement and Valuation Solutions for Residential Originators—
SANTA ANA, Calif., Sept. 13 /PRNewswire-FirstCall/ — First American Title Insurance Company today announced the launch of its new Mortgage Services division, which is designed to address the title, settlement and valuation needs of residential originators with national retail platforms.
First American Title’s Mortgage Services division supports many of the nation’s largest financial institutions in pursuing a national strategy for residential origination that focuses on speed, efficiency, customer satisfaction and cost reduction by providing custom closing solutions, leveraging the strength of a national underwriter, applying proprietary technology and tapping into the extensive resources available within the First American family of companies.
via prnewswire.com
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