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Realtors® Respond After FHFA, Treasury Announced PSPA Changes
January 15 2021 | |
National Association of Realtors® President Charlie Oppler issued the following statement after the Federal Housing Finance Agency and U.S. Treasury Department on Thursday announced changes that will allow Fannie Mae and Freddie Mac to retain more of their earnings as important capital rather than passing them directly to the Treasury.
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Share of Mortgage Loans in Forbearance Decreases to 5.46 Percent
January 11 2021 | |
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased from 5.53% of servicers' portfolio volume in the prior week to 5.46% as of January 3, 2021. According to MBA's estimate, 2.7 million homeowners are in forbearance plans.
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Stewart Title® is Pleased to Announce the Opening of a New European Underwriter
January 11 2021 | |
Stewart Title Limited, the underwriter for Stewart’s transactions in the United Kingdom, The Bahamas and Australia (and previously in Europe), announced today the opening of a new underwriter in Malta. The new underwriter will operate under the name Stewart Title Europe Limited and will handle all transactions in the European Union.
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RamQuest Launches New Podcast
January 08 2021 | |
RamQuest, a leading provider of technology-based solutions for the title insurance and settlement industry, has launched a new podcast, Pandemic Practices. Hosted by Mary Schuster, the podcast will take a deep dive into new technologies and practices that the title and settlement industry has been forced to quickly implement as a response to needs brought on by the pandemic.
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Commercial and Multifamily Mortgage Delinquencies Rise in December
January 08 2021 | |
Delinquency rates for mortgages backed by commercial and multifamily properties Increased for the second month in a row in December, according to the Mortgage Bankers Association's (MBA) latest monthly MBA CREF Loan Performance Survey. The survey was developed to better understand the ways the pandemic is impacting commercial mortgage loan performance.
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Real Estate Industry Responds to Insurrection Violence
January 07 2021 | |
Leaders across the real estate industry issued statements condemning the violence in Washington D.C. this last week, including statements from The American Land Title Association, The National Association of Realtors®, The Mortgage Bankers Association, and The National Association of Home Builders.
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First American Title Announces Founding Donation Supporting ALTA Good Deeds Foundation
January 05 2021 | |
First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation, today announced that it is a Founding Donor of the ALTA Good Deeds Foundation, a non-profit organization created by the American Land Title Association (ALTA) in October 2020. The Foundation was established to enhance the charitable efforts of title and settlement professionals by providing grants to 501(c)(3) organizations that support housing needs, as well as those that provide relief during national emergencies, such as the COVID-19 pandemic.
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Share of Mortgage Loans in Forbearance Remains Flat at 5.53 Percent
January 05 2021 | |
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance remained unchanged relative to the prior week at 5.53% as of December 27, 2020. According to MBA's estimate, 2.7 million homeowners are in forbearance plans.
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