The law firm representing members of a class action against Commonwealth Land Title in Pennsylvania made public announcement of the lawsuit yesterday. The lawsuit alleges that Commonwealth charged Pennsylvania homeowners a full rate for refinance and reissue title insurance policies for which the homeowners were entitled to a discount.The class action, A.D. Alberton and Mark C. Kessler v. Commonwealth Land Title, was conditionally approved by a Pennsylvania court in 2008, and final approval to send out notice to class members was given by the court this March. Eligible members of the class action will automatically be a party to the lawsuit, but may choose to opt out.

via Pennsylvania Class Action Lawsuit Against Commonwealth Title Insurance Moves Forward.

At a recent meeting of the American Land Title Association, a representative of HUD who is well known to the industry, Ivy Jackson, responded to the question: “What do I do if I know more about the [RESPA] Rule than my lender, and the lender insists on doing things their way?” Jackson’s answer was succinct:Educate provide the information Document in writing, both your attempts to explain the Rule and the lender’s demand to do it their way Save the closing instructions Close the loan

via Title Company | DC, MD, VA – settlement attorney, escrow service, title insurance – Blog – Real estate closing blog for agents, lenders and consumers.