First American fined $1 million for illegal perks to agents
Housing Wire
AUGUST 6, 2021
First American Title Co. will pay a $1 million fine for improper benefits given to California real estate agents. The company, one of the “Big Four” title insurers, agreed to pay a $1.185 million penalty after California state regulators alleged that a marketing representative provided agents illegal perks such as video marketing and drone footage of listings with placement on social media sites, and bus caravans to promote listings.
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