Title and Closing Expert in Residential Real Estate

Case Description:

A title & closing expert in residential real estate was sought for a class action case. Plaintiffs were buyers and sellers of residential real estate who alleged that the defendant solicited real estate attorney-agents for their title insurance policies without requiring them to perform core title & closing services, thus allowing the agents to earn fees based solely on their choice of the defendant as their title insurer. This practice violated the Real Estate Settlement Procedures Act.

IMS ExpertServices was asked to procure title & closing experts with deep experience in residential real estate and familiarity with RESPA and Chapter 24 of the Code of Federal Regulations.

Experts Presented:

  • Title Insurance Law Expert

    This title & closing expert has more than 25 years of experience in the title insurance industry. He’s currently a shareholder in a firm that specializes in title-related litigation and RESPA compliance. He’s published manuals on title examining and underwriting and articles on RESPA compliance issues. An attorney himself, this expert splits his time between legal representation in title litigation, title insurance coverage, and expert witness work. He’s offered litigation support and expert testimony on cases regarding RESPA violations and the relationship between a real estate broker and a sister title insurance company. IMS Reference #4658881

  • Title Insurance Law Expert

    This title & closing expert has over 30 years of experience in the title insurance industry. He’s worked for a number of leading title insurance providers and served on several industry association committees across three states. He’s published and lectured extensively on title insurance principles, title & closing, and insurance underwriting topics. As an expert witness, he’s worked on many cases involving title claims and title review issues. One of his recent cases involved RESPA claims against a mortgage company and alleged improper charges. IMS Reference #501346

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Industry: All, Insurance, Real Estate