Brooklyn investor Sanford Solny is facing up to seven years in prison for defrauding 11 homeowners of the deed to their homes. Deed fraud is rising across the U.S., leading the FBI to issue warnings. Continue reading
As seller impersonation scams surge, the American Land Title Association is launching new protections, writes new contributor and current ALTA president Richard H. Welshons. Continue reading
This week on the Download: A rash of incidents has put agent behavior under the spotlight. Is the industry facing a professionalism crisis — or just a few bad apples and a perception problem? Continue reading
While Monique Hill and her husband were undergoing foreclosure proceedings, former real estate agent Oscar Dais created, signed and notarized a fraudulent deed in Hill’s maiden name. This week, Dais pleaded guilty. Continue reading
Mortgage lenders are cautious about extending credit and home prices are so low that most deals are for cash, putting buyers at greater risk. Continue reading