Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: First American Title Insurance Company
Current Parent Company: First American Financial
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $680,000
Year: 2005
Date: July 13, 2005
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Secondary Offense: Real Estate Settlement Procedures Act (RESPA)
Violation Description: The Department of Housing and Urban Development announced a legal settlement with a Tennessee title company for violating the Real Estate Settlement Procedures Act (RESPA). HUD claimed First American Title Insurance Company, doing business as Memphis Title Company, made payments through sham affiliated businesses in the Memphis area in violation of RESPA's anti-kickback and unearned fee provisions.
Level of Government: federal
Action Type: agency action
Agency: Housing and Urban Development Department
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.