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New Home Sales Edge Higher in August
Strong demand, low interest rates and fewer existing homes for sale helped contribute to an uptick in new home sales in August even as home prices continue to rise.
CATIC Begins Operations in South Carolina
CATIC is pleased to announce that it is now licensed in the state of South Carolina and has begun operations. Its agents are issuing title insurance policies throughout the state and providing related services while protecting the interests of property owners and lenders.
SimpleNexus rounds out its Nexus Closing eMortgage solution with DocMagic's eVault and eNote technologies, enabling fully digital loan closings
SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced the integration of itsNexus Closing™eMortgage solution with DocMagic’s eVault and eNote technologies. The integration enables automated generation of an eNote with a tamper-evident seal and delivers the eNote to a secure eVault for delivery to the MERS® eRegistry.
August New Home Purchase Mortgage Applications Decreased 17 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2021 shows mortgage applications for new home purchases decreased 17 percent compared from a year ago. Compared to July 2021, applications increased by 9 percent.
Existing-Home Sales Recede 2.0% in August
Existing-home salesretreated in August, breaking two straight months of increases, according to the National Association of Realtors®. Each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-year perspective.

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Equity National Title Appoints Pensa as COO
Providence-based Equity National Titlehas named Jennifer Pensa as its new Chief Operating Officer. The national title insurance and settlement services provider offers a full suite of residential (purchase, refinance and home equity) and commercial settlement services nationwide.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 17, 2021.
Share of Mortgage Loans in Forbearance Decreases to 3.00 Percent
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 8 basis points from 3.08% of servicers' portfolio volume in the prior week to 3.00% as of September 12, 2021. According to MBA's estimate, 1.5 million homeowners are in forbearance plans.
MBA Announces Policy Initiative to Close the Racial Homeownership Gap
The Mortgage Bankers Association (MBA) today announced a new policy initiative, Building Generational Wealth Through Homeownership, aimed at providing industry leadership and direction for reducing the racial homeownership gap; developing and supporting policies that support sustainable homeownership for communities of color; and promoting fair, equitable, and responsible lending for minority borrowers.
Builder Confidence Steadies as Material and Labor Challenges Persist
Builder confidence inched up in September on lower lumber prices and strong housing demand, even as the housing sector continues to grapple with building material supply chain issues and labor challenges.
Radian's Blockchain-Backed Title Insurance Offering Launches in Arizona, California, Nevada, Ohio and Pennsylvania
Radian Group Inc. today announced that its innovative title insurance and closing services offering, titlegenius, has launched in Arizona, California, Nevada, Ohio and Pennsylvania, following its initial debut in Florida. titlegenius platform provides a simple, transparent and secure way to order title insurance and closing services online, delivering value for both real estate agents and homebuyers.
NAR Report Finds Four Out of Five Real Estate Firms Operated From a Single Office in 2020
The overwhelming majority of real estate firms – 80% – operated from a single office and typically with three full-time real estate licensees in 2020, according to a new survey by the National Association of Realtors®. Nearly nine out of 10 firms – 86% – were independent and non-franchised.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending September 10, 2021.
Student Loan Debt Holding Back Majority of Millennials from Homeownership
Sixty percent of non-homeowning millennials say student loan debt is delaying their ability to buy a home, by far the most affected population, according to a new poll released today by the National Association of Realtors®.
Share of Mortgage Loans in Forbearance Decreases to 3.08 Percent
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 15 basis points from 3.23% of servicers' portfolio volume in the prior week to 3.08% as of September 5, 2021. According to MBA's estimate, 1.5 million homeowners are in forbearance plans.
National Association of Realtors® Files Petition to Oppose Department of Justice Breach of Settlement Agreement
The National Association of Realtors® today filed a petition to quash a request by the Department of Justice that reneges on the terms of a settlement agreement that was approved by the DOJ in November 2020.
CATIC Partners with Stavvy to Launch New Features in PrepExpress® in Addition to Offering a Third-Party Solution
CATIC is pleased to announce the launch of new features in PrepExpress®, the company’s proprietary closing software program. These features, eRemit and eSubmit, allow CATIC agents to electronically pay for and submit their policies and other related documents directly and electronically to CATIC.
American Land Title Association ALTA Reports Second Quarter Title Industry Premium Volume and Market Share Data
The American Land Title Association (ALTA), the national trade association of the land title insurance industry, reported the insurance industry generated $6.5 billion in title insurance premiums during the second quarter of 2021, according to ALTA’s latest Market Share Analysis.
Notarize and Snapdocs Partner to Make Digital Home Closings Faster and More Seamless for Borrowers
Notarize, the pioneer and market leader in remote online notarization (RON), and Snapdocs, Inc., a leading digital closing platform for the mortgage industry, have partnered to deliver an end-to-end digital closing experience that now includes Notarize’s market-leading RON solution.
Attorney General James Ends Harmful Labor Practices at One of Nation's Largest Title Insurance Companies, Puts in Place Policies to Protect Workers
New York Attorney General Letitia James today announced an agreement with the Old Republic National Title Insurance Company that ends the company’s practice of using no-poach agreements to thwart labor competition. Under the agreement, Old Republic — one of the nation’s four largest title insurance companies — has agreed to a monetary payment of $1 million, to terminate any existing no-poach agreements, and to cooperate with Attorney General James’ ongoing investigations in this area.
TitleBox Releases Tool to Speed Title Clearing Process
TitleBox, a national provider of title clearance solutions, has released TitleBox 2.0, an instant assessment of title searches designed to help title agents clear title more efficiently while maintaining control of the decisioning process.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 3, 2021.
Share of Mortgage Loans in Forbearance Decreases to 3.23 Percent
The Mortgage Bankers Association's latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 3.25% of servicers' portfolio volume in the prior week to 3.23% as of August 29, 2021. According to MBA's estimate, 1.6 million homeowners are in forbearance plans.
Fastest Home Building Activity Continues in Suburban, Exurban Communities
Residential construction continued to shift toward the suburbs and lower-cost markets, and this trend is especially pronounced within the multifamily sector, according to the latest Home Building Geography Index released today by the National Association of Home Builders.
First American Data & Analytics Executive Bill Rice Named a 2021 HousingWire Insider Award Winner
First American Data & Analytics, a division of First American Financial Corporation and a leading global provider of property and ownership data and advanced analytic solutions, announced today that Bill Rice, vice president of data acquisition and fulfillment, was named among the winners of HousingWire’s 2021 HW Insider awards, which recognizes 100 operational executives in housing who are driving their companies and clients forward.
Realtors® Encouraged by White House Plan to Expand Housing Supply
"NAR applauds the administration's new effort to address America's housing supply crisis and to prevent the expansion of corporate landlords at the expense of homeownership," said National Association of Realtors® President Charlie Oppler.
Title Alliance Launches First Podcast, Title Alliance LIVE
Title Alliance, Ltd.,a family of full-service title insurance and escrow agencies, is excited to announce the launch of its podcast, Title Alliance LIVE. The podcast hosted by Jim Campbell, CEO of Title Alliance, and Lindsay Smith, Chief Strategy Officer of Title Alliance, will highlight interesting trends in the real estate industry, share the company’s unique story and offer a platform for collaboration among industry professionals.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending August 27, 2021.
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