The Legal Description

A district court judge weighed in on a borrower’s claims against multiple mortgage servicers in a lawsuit alleging consumer protection violations, fraud and challenges to foreclosure authority. bit.ly/4iGaMc1

Cyberattacks are on the rise this year to the tune of 2,090 incidents per week on average – a 17 percent increase over 2025 – according to a report by the IT security division of title insurance underwriter #CATIC. bit.ly/3Uoh5ZV

Every great foundation is built on those willing to stand for something. 🇺🇸 Today, we honor the veterans who stood for all of us. Thank you for your service. We’re deeply grateful. 🇺🇸 #VeteransDay

Every closing is a milestone. For many buyers, it’s an emotional one. 🔑 This week’s guest blogger, Phil Keren, captures the heart of what title and settlement professionals do. bit.ly/4zyL7JD

Texas man pleads guilty to role in seller impersonation, money laundering scheme - A Texas resident faces up to 20 years in prison and $750,000 in fines after pleading guilty to taking part in a scheme to fraudulently sell homes and launder the profits. bit.ly/4ev6Utb

Crypto ATM operator fined $4.8M for consumer protection violations - Cryptocurrency ATM company CoinFlip is being fined $4.8 million by the California Department of Financial Protection for violations of state consumer protection law. bit.ly/4j90TVG

Texas district court issues ruling on mortgage enforcement lawsuit - A district court judge weighed in on a borrower’s claims against mortgage servicers in a lawsuit alleging consumer protection violations, fraud and challenges to foreclosure authority. bit.ly/4ziEIBn

New Jersey bill would simplify process for municipalities to acquire title to abandoned property - A bill advancing through the New Jersey legislature would speed up the process by which municipalities can acquire titles to abandoned and vacant properties. bit.ly/4et0fQf

CATIC report shows marked increase in cyberattacks - Cyberattacks are on the rise this year to the tune of 2,090 incidents per week on average – a 17 percent increase over 2025 – according to a report by CATIC's IT security division. bit.ly/3WvTHu5

Getting competitors, regulators and stakeholders into the same room isn’t easy. 🤝 Todd Hougaard shares how it’s happening in Utah and why patience matters. Listen now on Keys to Real Estate. bit.ly/4wLAukF

Democratic candidates for state attorney general claimed victory in Georgia and Texas, as well as a reported victory in Iowa. Additional Republican concessions in Kansas and Ohio stand to expand that gain even further. bit.ly/4zmRqzQ

A new insurance fraud task force organized by the @TexasTDI is uniting regulators with industry stakeholders to investigate, share intelligence and develop strategies for combating fraudsters. bit.ly/4Ahqthd

Manufactured housing owners appeal in case over faulty HUD certification - An Idaho couple's manufactured housing came with a certification defect and their claim was denied by their title agency. They sued for declaratory relief and later appealed. bit.ly/4sQfoRK

Title production system vendor aims to stop compliance issues at their source - Steve Daigle, Jr. spoke with The Legal Description about his new company's title production system, which was designed to empower title agents to avoid compliance pitfalls. bit.ly/4A99lKd

Anti-deed fraud legislative package introduced in Michigan - Several bills recently introduced to the Michigan legislature aim to improve protections against deed fraud, as well as improve relief for homeowners who fall victim to fraudulent transactions. bit.ly/4BKTfrS

Texas Land Title Association supports state insurance fraud task force - A new insurance fraud task force organized by the Texas Department of Insurance is uniting regulators with industry stakeholders to develop strategies for combating fraudsters. bit.ly/3X7ZTsj

Iowa regulators recover $3M in cryptocurrency stolen by scammers - According to an Oct. 29 announcement, the Iowa Insurance Division was able to recover more than $3 million in stolen cryptocurrency on behalf of an elderly scam victim. bit.ly/4z6iOB3

Four seats flip in midterm state attorney general elections - Democratic candidates for state attorney general claimed victory in Georgia, Texas and Iowa. Additional Republican concessions in Kansas and Ohio stand to expand that gain even further. bit.ly/4sJmSWn

The @FinCENnews continues to fight in court for its suspended Residential Real Estate Reporting Rule, but industry organizations have filed briefs attacking the rule’s scope and regulatory burdens. bit.ly/4BI2uZR #fincen

The concept of expanded title insurance waivers, as outlined in a recent executive order, is under scrutiny. Industry attorneys spoke with The Legal Description about the balance between cost savings and consumer risks under the order. bit.ly/3UbM2QX