Federal Appeals Court Issues Opinion in RESPA Case

December 3, 2013

The U.S. Appeals Court for the Sixth Circuit on Nov. 26 issued a much-anticipated opinion in a lawsuit accusing two real estate companies of setting up sham title companies in order to receive kickbacks. Read on to learn what the court said about HUD's 10-point affiliated business test.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.