Title technology provider Doma posts $124M 2023 net loss
After a 'transformational year,' CEO Max Simkoff says Doma is well positioned to help lenders take advantage of the Biden administration's push to reduce closing costs for mortgage borrowers
by Matt Carter Mar 13
Utah 1st state to ban long-term listing agreements enforced by lien
Legislation expected to go into effect April 1 addresses allegedly deceptive tactics employed by MV Realty and was based on a model bill drafted by American Land Title Association
by Matt Carter Mar 2
Mortgage finance veteran Nick Smith joins Voxtur's board
Mortgage data analytics provider that's pioneering attorney title opinion letters expanded digital asset capabilities in September with $101M Blue Water acquisition
by Matt Carter Dec 28
A misty forest
North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents
UWM can rapidly scale new loans that lack title insurance
The wholesale lender is hiring and training lawyers to generate attorney opinion letters in-house in order to meet what the company expects to be strong demand
by Matt Carter Oct 5
In record year for title insurers, 'big four' maintain market share
Title insurance premiums surged 36% in 2021 to a record $26.2B as low mortgage rates spurred refinancings, according to an analysis by the American Land Title Association
by Matt Carter May 10
title insurance premiums
The industry generated $19.2B in title insurance premiums, according to the American Land Title Association’s latest Market Share Analysis
by Kelsey Ramírez Apr 12
TRID changes: Realtors should expect longer closings, walk-through tweaks
American Land Title Association holds Facebook ‘town hall’ to give glimpse into what closings will look like after Oct. 3
by Amy Tankersley Jul 28
CFPB will push TRID implementation to Oct. 1
After months of denying requests for implementation delay or ‘hold harmless’ enforcement period, bureau agrees to postpone regulation due to ‘administrative error’
by Amy Tankersley Jun 18
QM rule
Leaders across real estate industry urge CFPB to implement ‘hold-harmless’ period for liability under new regs
by Amy Tankersley May 26
Lawmakers look to ‘trim the fat’ of title insurance in Big Apple
Governor Cuomo's proposed regulation intends to slash rates by cracking down on inducements and closing cost markups
by Amy Tankersley Apr 30
Mortgage Choice Act passes House
Industry trade groups support changes to cap on mortgage fees and points as bill heads to an unfriendly Senate
by Amy Tankersley Apr 17
Are your mortgage partners prepared to comply with new disclosures rule? Survey says no
Trade group poll’s bleak results show that with less than 4 months before implementation, only a handful of lenders are ready
by Amy Tankersley Apr 17
Lenders to lead the way in new closing process
Once TRID takes effect in August, everyone will answer to the lender, top bank executives say
by Amy Tankersley Apr 10
Homebuyers crave title insurance information early in purchasing process -- but who will provide it?
Survey finds real estate agents and lenders are confused about title insurance and don’t want to explain it to consumers
by Amy Tankersley Mar 27