November 03, 2022
A mortgage company, First American Title Insurance Co. and First American's agent have settled a dispute over coverage of wire fraud losses that occurred during a mortgage refinancing deal insured by First American, according to a Maryland federal court order Thursday.
September 24, 2021
A mortgage company told a Maryland federal court that First American Title Insurance Co. must cover its losses stemming from a wire fraud scam that occurred during a mortgage refinancing deal insured by First American, saying the insurer's agent was responsible because it fell for the scam.