Software vendors gear up to support appraisal-free mortgages
Fannie Mae says starting April 15, more homebuyers will qualify for a program requiring full interior and exterior inspections that capture data and images throughout the property
by Matt Carter Mar 21
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
Fannie and Freddie keep building capital reserves as profits shrink
By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship
by Matt Carter Feb 27
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
UWM now offering mortgages without lender's title insurance
The nation's largest wholesale mortgage lender moves to capitalize on rule changes by mortgage giants Fannie Mae and Freddie Mac aimed at helping borrowers save on their closing costs
by Matt Carter Oct 3
'Big four' title insurers take market share away from independents
As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw premiums written drop by 18.4% from a year ago
by Matt Carter Sep 30
Paymints.io integrates into First American's PRISM platform
Eliminates the need for paper checks by allowing title and real estate agents to request and receive electronic disbursement of earnest money and cash-to-close funds within the platform
by Matt Carter Sep 20
Amrock aims to offer smartphone closings everywhere they're allowed
The Rocket Companies subsidiary will roll out mobile eClosings for purchase loans by the end of 2022, an indication the practice of attending a closing in person may soon be coming to a close
by Matt Carter Sep 19
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
2021 shaping up to be a banner year for title insurance industry
The smallest of the big four title insurers, Stewart and Old Republic, posted the strongest third-quarter growth
by Matt Carter Dec 13
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
A man jumping across a narrow gap
How to attract the next workforce -- millennials
by Erin Sheckler Oct 28
New mortgage disclosures take effect
What the experts are saying
by Octavio Nuiry Oct 29