An Analysis of Competition in the California Title Insurance and Escrow Industry PDF Download

Author: California. Department of Insurance
Publisher:
ISBN:
Category : Escrows
Languages : en
Pages : 112

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Author: Joseph Real Brown
Publisher:
ISBN:
Category :
Languages : en
Pages : 624

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Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 514

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Book Description

Author: Orice M. Williams
Publisher: DIANE Publishing
ISBN: 9781422317242
Category :
Languages : en
Pages : 86

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Book Description
Previously, the author identified issues related to title insurance markets, including questions about the extent to which premium rates reflect underlying costs, oversight of title agent practices, & the implications of recent state & fed. investigations. This report addresses those issues by examining: (1) the characteristics of title insurance markets across states; (2) factors influencing competition & prices within those markets; & (3) the current regulatory environment & planned regulatory changes. To conduct this review, the author analyzed available industry data & studies, & interviewed industry & regulatory officials in a sample of 6 states selected on the basis of differences in size, industry practices, regulatory environments, & number of investigations.

Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 516

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Author: United States. Congress. House. Committee on the Judiciary. Subcommittee on Monopolies and Commercial Law
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 332

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Book Description

Author: Joseph W Eaton
Publisher: NYU Press
ISBN: 0814722466
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
After World War II, banks and other mortgage lenders began requiring insurance to protect them against flawed or defective real estate titles. Over the past sixty years, the title insurance industry has grown steadily in size, power, and secrecy: policies are available for both lenders and property owners and many title insurers offer an array of other real estate services, such as escrow and appraisal. Yet details about the industry’s operational procedures remain closely guarded from public exposure. In The American Title Insurance Industry, Joseph and David Eaton present evidence that improvements in recordkeeping over the last sixty years—particularly the advent of computers—have reduced the likelihood of a defective title going unnoticed in a property transaction. But the industry’s flaws run deeper than mere obsolescence: in most states, title insurers are allowed to engage in anticompetitive business practices, including price-fixing. Among the findings in this meticulously researched study are instances of insurers charging premiums well above the amount necessary to compensate them for assuming the risk of defect and identical policies with identical risk that vary in price by hundreds of percentage points for different geographic locations. The authors also examine the widely ignored role that the federal and most state governments play in perpetuating the title insurance industry’s unfair practices. Whereas most private industries prefer as little government intervention as possible, title insurers welcome it. Federal statue exempts title insurers from anti-trust liability, opening the door for price-fixing and destroying any semblance of free-market competition or market power for consumers. A landmark study for elected officials, and all those involved in the insurance, real estate, and brokerage industries, The American Title Insurance Industry brings to light a long-neglected problem—and offers suggestions for how it might be remedied.

Author: James L. Gosdin
Publisher: American Bar Association
ISBN: 9781590318775
Category : Business & Economics
Languages : en
Pages : 1026

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Book Description
Secure the best title insurance coverage with the assistance of this revised and completely updated deskbook. Comprehensive yet practical, this book provides the expert tools and essential information for transactional real estate attorneys who need to understand the complexities of title insurance coverage. Of critical importance is the detailed legal analysis of the new 2006 ALTA Forms, including the 2006 ALTA Owner's Policy and 2006 ALTA Loan Policy. This edition now includes an invaluable CD-ROM containing the complete appendices.

Author: Hank C. Sentowski
Publisher: Nova Publishers
ISBN: 9781600219184
Category : Business & Economics
Languages : en
Pages : 186

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Book Description
A mortgage represents a loan or lien on a property/house that has to be paid over a specified period of time. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages, terminology and vested interests. Mortgages represent one of the most (if not the most) significant investment decisions most individuals will make in their lifetimes. This new book presents invaluable information on some of the primary types of mortgages as well as FAQ and future trends in the industry.

Author: Arthur Young & Company
Publisher:
ISBN:
Category : Escrows
Languages : en
Pages : 258

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