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Steed Title Agency Selects Safe Escrow from PCN Network
PCN Network, a wholly owned subsidiary of First American Financial Corporation, today announced that Steed Title Agency in Utah has selected the company’s Safe Escrowmanaged disbursement solution to securely manage Steed Title’s escrow process and help protect against cyber theft and fraud.
Stewart Names Group President Steve Lessack to Lead Direct Operations Business Unit
Stewart Information Services announced today that Steve Lessack will assume leadership of Stewart’s U.S. Direct Operations business effective immediately. An accomplished 30-year industry veteran, Lessack has a tremendous track record expanding the Stewart brand and working across all business lines to increase market share and maximize profitability.
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Mortgage Applications Decrease in Latest MBA Weekly Survey
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 29, 2019. This week's results include an adjustment for the Thanksgiving holiday.
The Keyes Company continues to revolutionize the real estate experience in Florida with Lone Wolf's enterprise platform
In a bold move for the real estate industry in Florida, The Keyes Company today announced that it will provide Lone Wolf Technologies' enterprise platform to its 50+ offices and 3,600 Sales Associates. This platform, which is the only one of its kind in the industry, provides a faster and simpler experience for everyone involved in a real estate transaction.
Most Home Building in Milllennial Areas, But Pace Lags Rest of Nation
The majority of single-family and multifamily housing production in the nation is occurring in counties with the greatest concentration of millennials. However, in a warning sign that the housing affordability crisis persists and more construction is needed, the pace of housing production in areas with the greatest concentration of millennials lags the rest of the nation, according to the latest quarterly National Association of Home Builders Home Building Geography Index. Voted One of Houston's Top Workplaces for the Seventh Year in a Row is proud to announce that its employees have voted it one of the Houston Chronicle’s Top Workplaces for the eighth time and the seventh consecutive year.
First American Title Hits $1 Billion Milestone With FlexCloseT, a Warehouse Financing and Closing Service for Residential Real Estate Transactions From FirstFunding®
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 in less than a year more than $1 billion of real estate transactions have successfully funded and closed using FlexClose™, a warehouse financing and closing service from FirstFunding®, a wholly owned subsidiary of First American Financial Corporation.
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Fed considers raising inflation target, which could lead to higher interest rates
Low inflation has been a key component of the cheap mortgage rates that have supported the housing market this year. Now, the Federal Reserve is considering a policy change that could result in higher inflation and higher interest rates.

First American says low mortgage rates are driving home price growth
"When demand increases for a scarce (limited or low supply) good, prices will rise faster," Fleming said. "While year-over-year, the RHPI shows an improvement in affordability, the increase in house-buying power in September was not enough to offset nominal house price gains compared with August."

Attention finance industry: Here are the cybersecurity threats coming in 2020
Cybersecurity experts agree that the threats facing financial services providers aren't just increasing; they're doubling with each passing year.

R.I. Bar Association seeks to require lawyers be present for all real-estate closings
The Rhode Island Bar Association argued that lawyers are best equipped to ferret out potential pitfalls involving taxation, easements, probate law and the environment. Purchasing a property entails the "transfer of important legal rights. There should be a lawyer there," J. Richard Ratcliffe said.

LandAmerica bankruptcy case resurrected after concerns over leftover funds
Questions over the handling of nearly $3 million in leftover funds have revived the bankruptcy case of a long-since-collapsed Richmond financial giant. A judge on Oct. 31 reopened the bankruptcy of LandAmerica Financial Group, the Henrico-based title insurance company that was abruptly toppled in November 2008.

Clerks say they still plan to charge for Vermont land records
Although a recent Vermont Supreme Court ruling determined that state agencies must allow people to inspect records for free, several town clerks in the Upper Valley said that taking a personal photo of land records will still result in a charge.

Junk mail alerted woman to her stolen home
Rohina Husseini had no idea someone could steal a house, but the first small clue that the home she owned for nearly a decade was no longer hers was a piece of junk mail that most of us ignore.

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