TITLE INS-ATTORNEY

Amends the Title Insurance Act. Provides that the Secretary of Financial and Professional Regulation also may refuse to grant and may suspend or revoke a certificate of authority, registration, or license issued under the Act or impose a fine if the Secretary determines that the holder of or applicant for a certificate of authority, registration, or license: (1) is both a holder of a registration as a title insurance agent and a licensed real estate agent or licensed real estate broker and has acted as a licensed real estate agent or licensed real estate broker for any party to a real property transaction in which the person has also acted as a registered title insurance agent or (2) is both a holder of a registration as a title insurance agent and a loan originator, mortgage loan originator, loan officer, or a Nationwide Mortgage Licensing System and Registry license holder and has acted as a loan originator, mortgage loan originator, loan officer, or a Nationwide Mortgage Licensing System and Registry license holder for any party to a real property transaction in which the person has also acted as a registered title insurance agent. Effective immediately.