Mississippi Valley Title Group (ORI subsidiary) involved in enormous title & mortgage fraud scam
Early word is the the amount could jump as high as $100 million dollars in fraudulent title transactions. MVTG is a subsidiary of Old Republic. Watch this case closely because this is going to have a horrendous effect on the stock price of ORI over the next year. Some believe that the amount of the fraud will force the closure of MVTG in the very near future.