In the Pandemic, Online Home-Buying Picks Up Speed
First-time buyers have the tech-smarts and now the tools to do all or part of their purchase online, sometimes even before seeing their new houses in person.
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3 ways Biden's presidency could impact the housing market
It's no secret the housing market impacts the economy and vice versa. But how exactly does a presidency impact homebuyers?
The election of President Joe Biden could soon change the course of people's home shopping plans. From the proposed $15,000 tax credit to Biden's promise to bridge the race gap in home appraisal, here's how this presidency will impact you...
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(Australia) Mortgage Choice launches second white label solution
"Our brokers will now be able to offer customers the peace of mind that they won't miss out on buying their dream home or have to wait weeks or even months of uncertainty to refinance. Our rapid approval process combined with electronic docs and title insurance; means we can settle a loan in as little as 24 hours."
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Homebuilders preparing for big 2021, data suggests
Overall housing starts in January totaled 1.58 million units, a decline of 6% from December, according to the latest statistics from the U.S. Census Bureau. But there's reason for optimism from homebuilders - a huge spike in building permits.
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Radian Plans to Accelerate Digital Transformation Across the Mortgage and Real Estate Marketplace in 2021
"For instance, we expect that artificial intelligence is on the cusp of fundamentally transforming the future of valuing and searching for a home; mortgage insurance pricing continues to evolve dynamically; and the title insurance approval timeline is expected to shrink even further. These advancements will allow lenders to develop deeper engagement with their existing and potential customers at the start of their home buying or selling journeys and create a more personalized experience."
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Why two startups are betting on debt instead of equity
When there's a need for capital, not every startup goes the venture route. Boast.ai, a company that plugs into business systems and automatically finds them R&D tax breaks, announced Wednesday it has raised a $100 million credit facility from Brevet Capital to advance those R&D incentives. And proptech startup States Title announced it has closed on $150 million in debt financing from HSCM Bermuda, which had previously invested in the company.
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The COVID Pandemic's Impact on Title Insurance
Chicago Title Insurance Company's national commercial counsel in D.C. and Maryland discusses industry changes over the last year -- Matt Barlow, national commercial counsel for Chicago Title Insurance Company's Washington, D.C., and Baltimore national commercial services operation, has seen the industry face challenges before, but nothing like what the COVID-19 pandemic has brought. Still, the company has worked to continue providing much-needed title insurance to deals throughout both areas.
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Mortgage demand falls further as rates rise at the fastest pace in months
Another week of rising rates spurred homeowners and buyers to pull back from the mortgage market, and the trend is not expected to turn any time soon. Total mortgage application volume fell 5.1% last week from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.
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