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Court in Sarasota holds a bank in contempt

A Sarasota circuit court judge found one of the largest banks in the country in contempt of court on Friday over a foreclosure case that has dragged through the system for several years, reported Carrie Wells with the Sarasota-Herald Tribune.

Attorneys for Dimitri Jansen, a local schoolteacher whose former home in North Port is in foreclosure, said such an order, against Minneapolis-based U.S. Bank, was “unprecedented.”

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Title premium volume fell 31% in 2023 

As existing home sales dropped to the lowest level it has seen in nearly three decades in 2023, title insurance premium volume also took a hit. In 2023, the title insurance industry generated $15.1 billion in title insurance premiums, a 31% annual drop, according to the American Land Title Association’s  Market Share Analysis, released Tuesday. […]

3d rendering of a row of luxury townhouses along a street

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