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When You Hate Your Nephew So Much That You Want Him Not to Own Your House After You Die
Sometimes, clauses are inserted into deeds that put a lot of restrictions on when a property can subsequently be transferred, or significantly restrict to whom a property can be subsequently transferred. These clauses are generally unenforceable… but not always, and when these clauses are not taken seriously, they can cause big problems, as a recent Virginia case illustrates.
First American: Home Sales Market Potential Increases 6.7%
First American Financial, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, has released First American’s proprietary Potential Home Sales model for the month of October 2016, showing that market potential increased by 6.7% on an annual basis.
Existing Home Sales Hit Ten-Year High in October
Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and annual sales increases in October.
MBA Weekly Report: Mortgage Volume Rises 5.5%
Mortgage applications increased 5.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2016.
Undiscovered Liens in a Refinance to a Reverse Mortgage

A refinance from a conventional mortgage to a reverse mortgage can involve the same pitfall of an undiscovered lien as a refinance to a conventional mortgage, but it may also present special issues because the principal balance of the refinance reverse mortgage increases.


AccuSearch Company
Punctual Abstract
Stewart appoints Daniels as L.A. Business Development Executive
Matt Daniels has been appointed Senior Business Development Officer for Stewart Title Commercial Services’ center in Los Angeles. Specializing in shopping centers, industrial and agricultural transactions, he is responsible for growing Stewart’s commercial title market share in the Los Angeles area and nationwide.
California Man Gets Two Years in Title Theft Scheme
A California man was sentenced recently to 24 months for his role in a scheme to steal title to Southern California homes and then “sell” the properties to unsuspecting buyers – before the buyers realized who the true owners were.
MBA Weekly Report: Mortgage Application Volume Drops 9.2%
Mortgage applications decreased 9.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 11, 2016.
NYSLTA Opposes Recording Fee Hikes on Long Island
The New York State Land Title Association (NYSTLA), along with other real estate related associations, has announced that it opposes hikes to mortgage recording fees proposed this year by the Nassau and Suffolk County Legislatures.
CoreLogic: Completed Foreclosures, Foreclosure Inventory Decline
CoreLogic, a leading global property information, analytics and data-enabled solutions provider has released its September 2016 National Foreclosure Reportwhich shows the foreclosure inventory declined by 31.1 percent and completed foreclosures declined by 7.0 percent compared with September 2015.
Private Eminent Domain

Is there such a thing as "private eminent domain"? In other words, can you file a lawsuit to take a right in your neighbor’s land, where you have no preexisting interest in the neighbor’s land? Depending on the state you may have such a right by statute. Just don’t try to exercise your eminent domain right the way one Utah landowner did, or be prepared to pay a stiff cost.

Black Knight: House Prices Near All-time High
Data and Analytics division of Black Knight Financial Services, Inc.released its latest Mortgage Monitor Report, based on data as of the end of September 2016, showing that house prices rose for the 52nd consecutive month, and were less than one percent from hitting a new all-time high.
MBA Weekly Report: Mortgage Application Volume Decreases 1.2%
Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 4, 2016.
WFG National Title Grows Arizona Operations: Industry veterans Grannis and Willey take key leadership positions
WFG National Title Insurance Company (WFG) has named Sharon Grannis as state manager for its retail title operations in Arizona. WFG also appointed Al Willey as its Vice President, Escrow Operations in Arizona. The Williston Financial Group family is one of the nation’s fastest growing real estate service providers.
First American: Millenials Not Increasing the Risk of Mortgage Fraud, Misrepresentations, or Defects
First American Financial Corporation has released its Loan Application Defect Indexfor September 2016, showing that the risk of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications has declined.
First South Dakota County Begins eRecording
Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced the first e-recorded document in the state of South Dakota in Gregory County.
CFPB Responds to ALTA-Promotes Scalable Risk-Management Program for Mortgage Lender Service Providers
Following years of letters and in-person meetings with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray and his staff, the Bureau has responded to ALTAby issuing an amendment to its guidance clarifying that mortgage lenders have flexibility in deciding the appropriate course of action for managing their risk.
Rescinding an Erroneously-Recorded Mortgage Release
In many states, mortgage lenders are allowed to rescind a recorded release of a mortgage if they have recorded the release in error, by recording a document of rescission. But in some cases where rescinding a release might be advantageous to the lender, the statute may not apply, as a recent North Carolina case illustrates.
CoreLogic: Home Prices Increase 6.3% Annually
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its CoreLogic Home Price Index (HPI) and HPI Forecastfor September 2016 which shows home prices are up both year over year and month over month.
MBA Weekly Report: Mortgage Applications Decrease 1.2%
Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 28, 2016.
RedVision Completes "Rigorous Assessment of the Company's Service Organization Controls" with SOC 2 Type 2 Evaluation
RedVision, a leading national provider of title and real property research solutions, announced today the successful completion of a comprehensive Service Organization Control 2 (SOC 2) Type 2 standards of control examination, set forth by the American Institute of Certified Public Accountants (AICPA).
Redvision
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