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The Counselors of Real Estate Talk Brexit and Its Impact on Global Real Estate
The European Chapter of The Counselors of Real Estate®, in cooperation with the Royal Institution of Chartered Surveyors (RICS), hosted a Brexit conference on February 28 in London, with panelists offering far-reaching insight on the increasing degree of uncertainty since the United Kingdom voted in a 2016 referendum to leave the European Union.
Fidelity Information Services and Worldpay to Combine to Accelerate the Future of Finance and Commerce Globally
Fidelity Information Services, a global leader in financial services technology, and Worldpay, Inc., a global leader in eCommerce and payments, announce that they have entered into a definitive merger agreement.
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Builder Confidence Holds Steady in March
Builder confidence in the market for newly-built single-family homes held steady at 62 in March, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index released today.
Redfin Report: Home Prices Up 0.6% in February, the Smallest Year-Over-Year Gain Since March 2012
U.S. home-sale prices increased just 0.6 percent year-over-year to a median of $287,400 in February, according to a report by Redfinthe technology-powered real estate brokerage. This was the smallest increase recorded since prices stopped falling year-over-year in March 2012.
Commercial/Multifamily Mortgage Debt Climbs 6.8 Percent to $3.39 Trillion in 2018
MBA's report found that total mortgage debt outstanding in the final three months of 2018 rose by 2.1 percent ($68.5 billion) compared to the previous quarter, with all four major investor groups increasing their holdings.
North American Title Insurance Co. Adds Hew As Vice President, Underwriting Counsel and State Agency Manager in Florida
North American Title Insurance Co. has hired attorney Jessica Hew as vice president, underwriting counsel and state agency manager in Florida. In this hybrid role, Hew has become part of Florida’s underwriting counsel team, bringing commercial and real estate law practice experience to her work with NATIC agents.
January New Home Sales Demonstrate Demand for Affordable Homes
The January new home sales report from the government indicates an increasing demand for homes sold in an affordable price range.
February New Home Purchase Mortgage Applications Increased 3 Percent
The Mortgage Bankers Association Builder Application Survey (BAS) data for February 2019 shows mortgage applications for new home purchases increased 3 percent compared from a year ago.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 8, 2019.
Realtors® Testify to House Committee on National Flood Insurance Program
This morning, a representative from the National Association of Realtors® testified to the House Financial Service Committee during its hearing, "Preparing for the Storm: Reauthorization of the National Flood Insurance Program."
MBA Releases New Paper, The Roadmap to CFPB 2.0
The Mortgage Bankers Association (MBA) today released a new paper, The Roadmap to CFPB 2.0, which details recommendations to ensure stability and consistent consumer protections in the Consumer Financial Protection Bureau's (CFPB) practices and consumer financial laws.
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Class action suit could change real-estate commissions
In what could be the most far-reaching antitrust lawsuit for the real estate market in decades, the National Association of Realtors and four of the largest realty companies have been accused of a conspiracy to systematically overcharge home sellers by forcing them to pay commissions to the agents who represent the buyers of their homes.

New rapid mortgages allow closings in as few as 8 days
LoanDepot is offering what may be the fastest quick-closing mortgage in the race. Their new product, mello smartloan, an end-to-end digital mortgage, offers qualified borrowers a home loan in as few as eight days, a feat that seems almost impossible to long-time players in the real estate industry.

Ellie Mae: Borrowers want more human interaction in digital mortgage experience
Although digital mortgages are taking the housing industry by storm, Ellie Mae's 2019 Borrower Insights Survey suggests borrowers still crave human interaction throughout a digitally-driven loan origination process.

Mortgage rates sink to lowest levels in more than a year
Mortgage rates were driven down this week by weak economic data and concerns about global growth.

FinTech Companies Offer The Option Of Property Ownership Without The Management Headaches
Crowdfunding and alternative investment startups eliminate two of the highest friction points in owning real estate: management and high financial entry. These alternative investment platforms let everyday investors buy commercial or residential real estate without suddenly becoming landlords.

Heard of fintech? It can help with your finances, but beware of these risks
But some fintech companies are seeking to offer services that could skirt important consumer protections, warns a new report from the National Consumer Law Center. The study sees fintech developments as part of a trend to weaken key safeguards, with the potential for more fraud, deception or other costs.

Commentary: Legislators just swept away a crucial consumer protection for real estate buyers
Among the bills recently passed by Utah's legislature was Senate Bill 121: Controlled Business in Title Insurance Repeal, a decidedly unsexy offering that flew under the radar of most onlookers.

A Truly Digital Mortgage: Are We There Yet?
But can the mortgage process be fully automated? We know that digital tools make the loan process more seamless, but can they cut out the paper trail entirely?

Carbon (PA) recorder of deeds McCall dies
Carbon County (PA) has lost a fixture in the Democratic Party. Emmett P. McCall, the county recorder of deeds, died Wednesday night at the age of 80.

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March 02 2019
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