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Attorney General Schwalb Secures $500,000 from Title Insurance Company for Engaging in Illegal Kickback Scheme
“My office is committed to ending illegal kickback schemes in the title insurance industry,” said District of Columbia Attorney General Schwalb. “Universal’s secretive conduct prevented District residents from making fully informed decisions about how to spend their hard-earned money when making one of the most significant investments they’ll ever make—buying a home. Universal’s business plan violated core free market principles – limiting customers’ choices and putting law-abiding competitors at a disadvantage.”
NotaryCam Launches 'Done For You' eClosing Program, Streamlining Lenders' Path to Electronic Mortgage Closings
“Where I’ve had the most success from the lender’s seat is finding a title/settlement partner that could provide me with the eClose solution and process,” said Brian Webster, President of NotaryCam. “Our Done For You eClosing ecosystem puts the power in the hands of any title/settlement provider to be able to conduct and electronically close transactions for any of their lender customers."
First American Named One of the Fortune Best Workplaces for WomenT by Great Place to Work® for Ninth Consecutive Year
“It is a source of great pride to everyone at First American to be named one of the best workplaces for women for the ninth consecutive year,” said Ken DeGiorgio, CEO, First American Financial Corporation.
New Home Sales Rise in September as Mortgage Rates Ease
“Despite challenging affordability conditions, home builder confidence edged higher in October as they anticipate that mortgage rates will gradually, in an uneven manner, moderate in the coming months,” said Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan. “There is a significant need for additional housing supply, as many prospective home buyers are entering the market.”
MBA White Paper: Reforms Needed to RESPA Section 8 to Better Serve Consumers, Mortgage Market
“It is time to have a conversation about the purpose and effectiveness of RESPA Section 8. At 50 years old, there appears to be little evidence that the law’s intention of lowering settlement costs has ever occurred, and new marketing technologies and reforms since the passage of the Dodd-Frank Act have rendered it obsolete and costly with few consumer benefits,” said MBA’s President and CEO Bob Broeksmit, CMB.

Existing-Home Sales Slid 1.0% in September
“Home sales have been essentially stuck at around a four-million-unit pace for the past 12 months, but factors usually associated with higher home sales are developing,” said NAR Chief Economist Lawrence Yun. “There are more inventory choices for consumers, lower mortgage rates than a year ago and continued job additions to the economy."
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage rates saw mixed results last week, but the 30-year fixed rate remained unchanged at 6.52 percent. Application activity decreased to its lowest level since July, as both purchase and refinance applications saw declines,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist.
Dream Finders Homes Enters into Agreement to Acquire Alliant National Title Insurance Company, Inc.
"Building on almost 20 years of serving independent title agents, we are thrilled to partner with Dream Finders Homes and envision an exciting future. The collaboration of an innovative builder, strong title agency, and the Alliant National underwriting team will promote our long-term success and growth into a national competitor.”
NAHB Joins Coalition to Take Legal Action Against Gas Bans in Washington, D.C. and Montgomery County, Maryland
“NAHB is concerned that the gas ban would exacerbate the housing affordability crisis by increasing costs on new homes, eliminate consumer choice and further strain America’s already stressed electric grid,” said NAHB Chairman Carl Harris, a custom home builder from Wichita, Kan. “We are committed to defending consumer choice and ensuring that Americans have the option of using natural gas to fuel their homes."
Single-Family Starts Trend Higher in September
“While single-family home building increased in September, higher mortgage interest rates in October are likely to place a damper on growth in next month’s data,” said NAHB Chief Economist Robert Dietz. “Nonetheless, NAHB is forecasting a gradual, if uneven, decline for mortgage rates in the coming quarters, with corresponding increases for single-family construction."
Sun Title Creates Resources to Support Hispanic Home Buyers and Sellers
"We are committed to making the dream of homeownership accessible to everyone, and our Hispanic Empowerment Initiative is a crucial step in that direction," said Thomas Cronkright, CEO of Sun Title.
ALTA Announces Winners of 2024 ALTA Our Values Awards
The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced the winners of the 2024 ALTA Our Values Awards. The awards program showcases the title insurance industry’s Our Values initiative, which serves as a cultural compass and highlights core ideals ALTA members embrace.
American Land Title Association Elects Richard Welshons as President
“I am honored to serve as ALTA president during such a crucial time for our industry,” Welshons said. “Over the next year, I look forward to working with our members to promote the importance of title insurance in protecting property rights, advocating for sound industry regulations and ensuring that our workforce is prepared to meet the challenges ahead."
Builder Confidence Edges Higher Despite Affordability Headwinds
“While housing affordability remains low, builders are feeling more optimistic about 2025 market conditions,” said NAHB Chairman Carl Harris, a custom home builder from Wichita, Kan. “The wild card for the outlook remains the election, and with housing policy a top tier issue for candidates, policymakers should be focused on supply-side solutions to the housing crisis.”
Mortgage Applications Decrease in Latest MBA Weekly Survey
moved higher for the third consecutive week, with the 30-year fixed rate increasing to 6.52 percent, its highest level since August,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “The recent uptick in rates has put a damper on applications."
TitleTap Launches AI-Powered CRM To Bolster Growth for Title Agents and Law Firms
TitleTap, the leader in turnkey website and marketing tools for attorneys and title agents, today announced the release of a new customer relationship management solution, TitleTap CRM, to help make growth easier for title companies and law firms.
First American Title Launches Reimagined AgentNet® Technology Platform for Title Agents
“AgentNet provides our title agents with the tools they find most valuable in a platform that is straightforward and simple to use, so they can deliver the certainty and trust needed to power seamless real estate transactions for their customers and grow their businesses.”
Remodeling Market Sentiment Dips in Third Quarter
“Although the overall RMI edged down for the third consecutive quarter, most remodelers remain optimistic about the market,” said NAHB Remodelers Chair Mike Pressgrove, a remodeler from Topeka, Kan. “However, some have potential customers who are citing the upcoming election as a reason for putting larger projects on hold.”
Mortgage Applications Decrease in Latest MBA Weekly Survey
“In the wake of stronger economic data last week, including the September jobs report, mortgage rates moved higher, with the 30-year fixed rate rising to 6.36 percent – the highest since August,” said Mike Fratantoni, MBA’s SVP and Chief Economist.
Fathom Holdings' Subsidiary, Verus Title, Expands Into Rhode Island
Fathom Holdings Inc., a national, technology-driven real estate services platform, today announced the expansion of its subsidiary, Verus Title, into Rhode Island. This move marks a key milestone in Verus Title's growth strategy, extending its operations to 29 states across the U.S.
MBA, 13 Mortgage Industry Companies and Trade Groups Launch CONVERGENCE Collaborative to Address the Racial Homeownership Gap
“The barriers to minority homeownership require a collective effort. In recognition of this challenge, we believe the approach embodied in the CONVERGENCE framework can have a greater impact with this new industry partnership,” said Bob Broeksmit, MBA’s President and CEO.
MBA Promotes Wendy Penn to Vice President for Affordable Housing Initiatives
“Wendy is a respected and successful leader in the housing affordability space and has an impressive track record before and during her time at MBA in leading initiatives that have made housing more accessible and affordable for all,” said Mike Fratantoni, MBA’s Chief Economist and Senior Vice President.
CATIC Is a 2024 Top Workplaces Award Winner in Connecticut
CATIC is proud to be recognized as a regional Top Workplace winner again this year. "We are grateful for our hardworking and dedicated employees who have made us a part of this prestigious list," said James M. Czapiga, Esq., President and CEO of the CATIC Family of Companies.
ALTA Reports Q2 2024 Title Insurance Premium Volume
The title insurance industry generated $4.09 billion in title insurance premiums during the second quarter of 2024 compared with $3.92 billion during the same period a year ago, according to the American Land Title Association’s (ALTA’s) latest Market Share Analysis.
Fidelity National Financial Acquires First Nationwide Title Agency
Founded in 2012, FNTA has rapidly gained a reputation for its expertise in closing and insuring commercial real estate transactions all over the U.S. The company, headquartered in New York City, has been a trusted partner for some of the largest real estate developers, investors, and lenders.
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Last week’s incoming data showed an economy that is still growing at a solid pace, even as inflation continues to decline. As a result, mortgage rates were up modestly, with the 30-year fixed mortgage rate increasing slightly to 6.14 percent,” said Mike Fratantoni, MBA’s SVP and Chief Economist. "With this move, refinance application volume declined on the week but remains almost three-times as high as last year’s pace.”
Title Insurance Industry Mitigates Over $600 Billion in Estimated Risk Exposure Annually for Home Buyers, Lenders: New Study From First American Chief Economist
“The U.S. residential real estate market accounts for a significant share of the total economy, but it relies on a public good – reliable, accurate real property records – that the title insurance industry plays a critical, but largely misunderstood, role in maintaining."
Kensington Vanguard Completes Integration of BridgeTrust Title Group
Prior to its consolidation with KV, BridgeTrust Title operated for more than 20 years as an independent title insurance agency, focusing on both commercial and residential transactions with 18 offices in 8 states and over 130 employees. All employees and offices are now fully integrated into KVConnect, the Kensington Vanguard technology and operating platform.
Rockwood Programs, Inc.
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