Central Florida (Affiliated Agency Settlement)

The Florida Department of Financial Services (DFS) entered a recent Consent Order with Fidelity National Title Insurance Company (FNTIC). This Consent Order was entered into in response to an ongoing investigation by DFS into the common Florida practice of the formation of affiliated business arrangement title insurance agencies with real estate companies. FNTIC, along with most other closing offices in Florida, had established title agencies with these types of customers in a manner that we believed were compliant both with Real Estate Settlement Practices Act (RESPA) and with Florida anti-rebate statutes. However, the Florida Department of Financial Services, after completing its investigation, felt that our title agency arrangements were not compliant with the Florida statute. As a show of good faith, FNTIC voluntarily agreed to cancel all of these title agencies and refund back to the consumer that portion of the premium that was retained by the title agency. In addition, we stipulated to a $1 million fine. FNTIC felt that it was in the best interest of the company and our customers to resolve this matter quickly and move forward in a positive manner to set the standard as the leading title insurance company in the Florida market.

You do not have to file an inquiry to receive a refund. If you are eligible for a refund, it will be sent to you automatically.

However submitted, your information will be provided to the independent audit firm for review to determine whether you are eligible for a refund under the consent order with the DFS. A refund will depend on when and where you closed and whether you were the buyer or seller. If you are eligible you will receive your refund check by January 22, 2006. Thank you.

Although providing the following information through the online form below is the most efficient way we can process your inquiry, we are also available to collect your data by fax. Online: Please provide the information requested below to help us most efficiently process your inquiry. By Fax: Print Form   Send completed form to (904) 357-1008 CENTRAL FLORIDA – AFFILIATED AGENCY SETTLEMENT FORM All fields are required unless noted otherwise. First Name: Last Name: Contact Phone: Email Address: Current Address: (if applicable) Current City: Current State: Current Zip: TRANSACTION INFO Year of transaction: (yyyy) Was this a: Refinance  Sale If this was a sale, were you the: Buyer  Seller PROPERTY INFO Property Address: (if applicable) Property City: Property State: Florida Property Zip: Property County: HUD-1 INFO Do you have a copy of your HUD-1? Yes  HUD-1 File Number: Title Company: If HUD-1 is unavailable, what office did you go to for your closing? Closing Office: