Investigation and pending class action lawsuit against Old Republic Title and Escrow.
Old Republic Title and Escrow is one of the nation's largest title and escrow companies. Consumers have claimed that Old Republic engaged in a series of schemes and deceptions designed to bilk customers out of millions of dollars. Old Republic allegedly engaged in a captive reconveyance scheme - charging customers fees for reconveyance when the reconveyance is actually done by the prior lender, a charge built into the payoff amount charged by the prior lender.
It is believed that Old Republic engaged in this practice over the past five years and has illegally collected millions of dollars from consumers.
Name (Stock Symbol)
Old Republic National Title Insurance Company
Old Republic National Title Insurance Company provides title insurance.
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