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Real Estate & Property Law

: The Home Equity Theft Reporter

Sarasota Title Agent Dodges Hot Water; Remains In Good Standing Despite Admitting To Screwing Around With Escrow Funds Resulting In Six-Figure Losses

By r morris

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In Central Florida, the Sarasota Herald Tribune reports:As the closing agent on the [real estate] deal, it was Sarasota title agent Lisa Rotolo's job to make sure the [existing mortgage] loan got repaid. Instead, in 2004 Rotolo partially paid off the old loan and handed her clients $100,000, according to a 2008 foreclosure case filed in Sarasota County's circuit court. During testimony in the

Full post as published by The Home Equity Theft Reporter on July 22, 2009 (boomark / email).

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