Are Successful (Rich) People Usually %#@!!*&%?????
I am mulling over the local Real Estate news of the past two weeks, and was searching for an article I wrote for D in 2003 when I found this article by Tim Rogers, written about none other than Darwin...
View ArticleUnited Title, New Developments
Spoke to Robert R. Carter, Jr., Deputy Commissioner, Texas Department of Insurance regarding Consumer Escrows. TDI is distributing the majority of United’s escrows to the underwriters: First American,...
View ArticleEleanor Mowery Sheets & Associates and Stewart Title
A trusty source tells me that Stewart Title may be directing all closings from EMS to their legal department in Houston.
View ArticleMore Title Company Layoffs Expected?
I wonder if this will affect any local title companies like Dallas, Highland Park, or Preston Center…
View ArticleFeds Take Over Fannie Mae/Freddie Mac
As I am sure you have heard. I have sent off some emails to find out what the local impact of this will be for folks in Dallas. More personally, since I own shares of Federal National Mortgage...
View ArticleMortgage Loan Servicer To Shed Employees
Now news that Homecomings Financial is closing, laying off employees…
View ArticleUnited Title: Show Me The Money, Honey
Updating United Title – what is happening? Who wants to talk? Received this email: “Basically, fee attorneys know nothing; First American Title knows nothing; and TDI (Texas Department of Insurance)...
View ArticleAIG Questions Answered
I wonder if all the state insurance departments are going to need to hire up extra hands to deal with all these restructuring companies — AIG, United Title… check out this comment: “UTT cashed my...
View ArticleEverybody’s Suing — Music To My Ears
Only because I have two lawyers in my house, but I kind of saw this coming a few week’s ago. If people have no money to pay their attorneys fees, think they’ll take chickens?
View ArticleStock Market Taking A Bite Out Of Real estate Market
So says Park Cities People Real Estate editor Austin Kilgore.
View ArticleLandAmerica: Another Citibank?
Fidelity National has backed out of a deal to acquire cash-strapped LandAmerica. What is that going to mean for local sales and closings? I’m feeling deja-vue.
View ArticleTitle Insurer LandAmerica Files For Bankruptcy
Friday, Fidelity National Financial changed it’s mind about buying LandAmerica. LandAmerica Financial Group Inc has filed for bankruptcy protection — here’s a copy of the memo circulating locally: “It...
View ArticleHomeowners Getting Stuck With Contractor Bills?
Dream house turned nightmare. This story ran on WFAA-TV a few weeks ago, very dramatic: a physician says the builder didn’t pay his sub contractors on her $1.3 million Frisco dream house, so now they...
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