Fund News and Alerts


New Address to Submit Reconciliations

New Address to Submit Reconciliations

The mailing address for your reconciliations has changed again.

06/28/2010


False Cashier's Check Scam

False Cashier's Check Scam

The Fund would like to alert our members to a scam that you should be aware of.

05/07/2010


Windows 7 Compliance

Windows 7 Compliance

Note: Customers running Windows 7 will need to download and install the installation package of the Microsoft Agent core components for use on Windows 7 for full Windows 7 compatibility. This hotfix includes the required components to enable the Microsoft Agent that is used within the 4Real application.

02/26/2010


New DFS Requirements for Itemization on the 2010 HUD-1

New DFS Requirements for Itemization on the 2010 HUD-1

On February 11, 2010, in a panel discussion with Florida Land Title Association members, Ray Wenger of the Florida Department of Financial Services (DFS) announced Florida specific requirements for completing the new HUD-1. With HUD's approval, DFS will require Florida title agents to itemize the premium charged for any endorsements issued and to itemize the abstract or title search fee charged.

02/22/2010


Attention Fund Corporate Members!

Attention Fund Corporate Members!

The address for submitting your monthly escrow account reconciliations has changed. 01/08/2010


Short Sale Programs

Short Sale Programs

The Fund has become aware of several "short sale programs" advertised on the internet and elsewhere that promise to make the investor lots of money with little or no work by purchasing and selling property through short sales.

06/08/2009


Implementation of Ordinance No. 08-133 - Certificate of Use

Implementation of Ordinance No. 08-133 - Certificate of Use

The Miami-Dade Board of County Commissioners (BCC) on March 3rd, 2009, implemented new procedures addressing Ordinance No. 08-133, effective 10 days after its adoption, unless vetoed by the Mayor. If vetoed, the resolutions become effective upon an override by the BCC.

03/04/2009


Phishing for Trust or Escrow Account Information

Phishing for Trust or Escrow Account Information

We have become aware of a scam wherein criminals posing as potential buyers of real property are asking law firms and title agencies for wiring instructions, purportedly for the purpose of initiating an incoming wire of deposit funds.

02/13/2009


Scam Involving Sale of Vacant Lots

Scam Involving Sale of Vacant Lots

The Fund has received information about an identity theft scam involving vacant lots in Lee County. The lots are owned by people residing in foreign countries. The identities of the owners are stolen, and the imposter lists the vacant lot for sale. The imposters only communicate by e-mail, and provide deeds executed and notarized in African countries. When the Consul of one African country was consulted, he verified that the notary seal was bogus and the address the imposter/seller provided did not exist.

01/07/2009


Real Estate Legislative Development Update

Real Estate Legislative Development Update

With some of the most potentially impactful real estate legislative developments in decades transpiring both in Tallahassee and in Washington, The Fund remains active in advocating for members' legislative interests. This update from The Fund includes key highlights of both the Florida Title Insurance Study Advisory Council and the newly-released RESPA Reform rule. We hope that you will share this information and use it to open or continue dialogue with your fellow real estate professionals and policy makers.

12/16/2008

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