Agent Meeting | PLTA Committee Meeting.
Tuesday, October 05, 2010 At 03:00 PM
Meeting will be held at the PLTA office.
Tag Archives: Pennsylvania Title Insurance
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.
Pa.S Closing Costs Among Nations Highest
Pa.S Closing Costs Among Nations HighestPATRICIA SABATINI, Pittsburgh Post-Gazette PITTSBURGH AP ― While mortgage rates have plunged to record lows, the cost of buying a home in Pennsylvania is being driven up by a related expense: sky-high closing costs.Pennsylvanians are paying among the steepest mortgage-related fees in the country, according to a new study by Bankrate.com. Closing costs in the state were the eighth-highest overall, averaging $4,236 on a $200,000 loan, 13 percent higher than the national average of $3,741, the survey said. Costs excluded property taxes, homeowners insurance and escrow fees.