Forgery, fraud rampant in tittle claims.(insurance)

From: Los Angeles Business Journal | Date: November 28, 2005| Author: Berry, Kate | Copyright information

Title insurance companies are reporting an increase in forged deeds and fraudulent titles that have been used to commit mortgage fraud throughout Los Angeles County.

All the major title insurers--Fidelity National Financial Title Group, First American Title Insurance Co., LandAmerica Financial Group Inc. and United Capital Title Insurance Co.--have each seen anywhere from a 25 percent to 100 percent jump in fraud cases in Southern California this year.

"There...

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