Insurance – Title Insurance – CRESPA – Private Remedy

By Deborah Elkins
Published: January 19, 2009

A settlement company that allegedly breached its contract to serve as plaintiff’s agent for procurement of title insurance cannot be liable under CRESPA for alleged breaches of the Issuing Agency Contract under a settlement agent bond furnished by the settlement company, as CRESPA does not provide a private cause of action, a Fairfax Circuit Court ...

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