Tag: ALTA
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First Phishing, Now Quishing… ALTA on the New Face of Deed Fraud
The DC-based American Land Title Association (ALTA) wants you to imagine a scenario that, one day soon, you could face. You’re a home buyer. You’ve talked with the lender a few times in the past, and know the company logo and email style. You’re familiar with the loan officer’s voice. The lender has left a…
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Seniors’ Advocates Urge States to Ban Predatory ‘Cash for Listing’ Contracts
States are outlawing listing agreements that bind homeowners to specific companies to sell their homes in the future. In the last two years, 30 states have acted to prevent businesses from taking control of people’s property by recording brokers’ contracts against their deeds. The agreements can result in restrictions, liens, or even stealth mortgages recorded…