Sunday, January 15, 2012

the important question is...

How could a title agent, even one who is an attorney, get away with this crap without being discovered by his underwriter in routine audits?  I think the underwriter ought to be held accountable for the negligence of not having kept a close eye on an agent.  Failed to record 3000 documents?  That didn't happen overnight.

Jonas, as an owner of two title companies, failed to record more than 3,000 mortgages and remit more than $1.5 million meant for title-insurance premiums and mortgage payoffs.

Read more in  StarTribune.

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