WESTtitle News


West Title Now Able to Close Buy-Side HUD Files in Minnesota

 We have reached a solution with our underwriter, Best Assets and NWT to be able to perform title services and provide title insurance to buyers of HUD properties in Minnesota.  Full Gap Coverage will be provided on all transactions, closings will be insured and policy coverage will be above industry standards on these transactions.  Please contact us for further information and let our expertise in REO work to your advantage on HUD transactions.

Former St. Paul Agent Pleads Guilty in Mortgage Fraud Scheme

The woman involved in the Cloud 9 Sky Flats scam admits defrauding mortgage lenders out of millions of dollars and faces up to 5 years in prison.  CLICK HERE for recent plea story or CLICK HERE for a related story on the Cloud 9 Sky Flats scandal.

California Still #1 in Fraud, but Minnesota Still Among the Top

This Sacramento Bee article shows that overall mortgage fraud cases and losses are greatly declining, but Minnesota still shows up among the top states for active fraud cases and overall dollars lost.

Are Real Estate Speculators To Blame for Housing Slump?

In this Wall Street Journal article new findings from the Federal Reserve of NY indicate how speculators may have played 3 key roles in the housing crisis.  Or were they just taking advantage of loan programs banks and mortgage companies made available to the public?  CLICK HERE for the full article.