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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Wed, 23 Feb 2005 17:34:46 +0000
/ Author of the message: Biwah |
Title of the message: |
LAT: State Probing Two Title Insurers
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Text of the message: |
Los Angeles Times State Probing Two Title Insurers Garamendi is looking into alleged kickbacks paid by the companies for client referrals. By Annette Haddad Times Staff Writer February 23, 2005 State Insurance Commissioner John Garamendi said Tuesday that he was investigating two big title insurers as part of a probe into alleged kickbacks paid to builders, lenders and Realtors in exchange for client referrals. Garamendi said Fidelity National Financial Inc. and LandAmerica Financial Group Inc. had been involved in complex arrangements that amounted to paying bribes for referrals while jacking up the cost of title insurance for home buyers. He issued subpoenas ordering the companies to produce documents and |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.