Stewart Title Guaranty Co. should pay $1.95 million for its “blatant disregard” for a state cap on inducements to real estate professionals who could steer buyers its way, state Insurance Commissioner Mike Kreidler said Monday.

Second home sales rise in State College (Centre Daily Times)
It’s part investment, part weekend getaway. The number of people purchasing second homes in State College is on the rise, local real estate agents and developers say, driven by Penn State alumni and the lure of a college town replete with football and cultural events.

WA insurance chief recommends $2M fine for title company (KXAN 36 Austin)
seattle (AP) - The state insurance commissioner in Washington has recommended a nearly $2 million fine against a Houston-based title company, saying it illegally lavished gifts and incentives on real estate professionals who could steer buyers its way.

WA insurance chief recommends $2M fine for title company (KLTV 7 Tyler)
Associated Press - August 28, 2007 10:35 PM ET seattle (AP) - The state insurance commissioner in Washington has recommended a nearly $2 million fine against a Houston-based title company,…

Forecasting the depth of America’s mortgage woes (The Arizona Republic)
A lack of public records and the large number of nonbank lenders in the U.S. make it difficult for investors, policy-makers to get their arms around the size of the mortgage problem.{l} Reagor’s real estate blog{b} Title company to cut 1,000

Real estate group guts neighborhoods (The Californian)
MURRIETA —- A group of more than 60 upscale tract houses purchased last year with 100 percent financing is falling one by one into foreclosure, leaving lawns brown, neighbors peeved, and a handful of renters answering late-night knocks at the door.

Stewart Title faces fine of nearly $2 million (Everett Herald)
The state’s insurance commissioner fined Stewart Title of Snohomish County nearly $2 million for repeatedly violating a law barring excessive gifts and incentives to real estate agents.

Economic jitters hammer stocks (The Globe and Mail)
WASHINGTON — Fresh fears - about U.S. consumers, real estate and hidden credit risks - have once again sent North American stocks spiralling downward.

Hurricane recovery, Republican-style (Salon.com)
Many are still struggling on the Gulf Coast. But casino and real estate investors are living large — thanks to Republican officials.

Golden loses landmark - Rocky Mountain News
Golden loses landmarkRocky Mountain News, CO - 7 hours agoAnd with that sale Friday afternoon, Foss Drug Co. closed out a 94-year run on Golden's Washington Avenue, a victim of changing consumer tastes and shopping …

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