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Traditional Abstract LLC Emerges as a Leading Abstract Title Company in Easton and Allentown, Pennsylvania
Traditional Abstract LLC has provided title insurance for residential, business, and refinance transactions to Lehigh, Northampton, and all neighboring counties since 1991. Known as an advanced abstract title company in Easton and Allentown, Pennsylvania, they employ experienced and expert staff with complete knowledge and experience to swiftly and efficiently complete their clients' searches.
Real Document Solutions
Move to Double Lumber Tariffs is a Gut Punch to American Home Buyers, Home Owners
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., today issued a statement after the U.S. Commerce moved forward with an administrative review to double the tariffs on Canadian lumber shipments into the U.S. from 9% to 17.9%.
Redfin Reports Home Prices Hit a New All-Time High
Home prices hit a new all-time high of $359,975 in the four-week period ending November 21, according to a new report from Redfin, the technology-powered real estate brokerage. This was up 14% year over year, the largest increase since early September.
Existing-Home Sales Inch Up 0.8% in October
Existing-home sales increased in October, marking two straight months of growth, according to the National Association of Realtors®. Two of the four major U.S. regions saw month-over-month sales climb, one region reported a drop and the fourth area held steady in October. On a year-over-year basis, each region witnessed sales decrease.
MISMO Issues Call for Participants to Streamline the Exchange of Pre-Closing Title Data
MISMO®, the real estate finance industry's standards organization, today announced it is seeking participants for a new initiative focused on standardizing pre-closing title document datasets in order to streamline the business process and improve efficiency.
MBA Announces 2022 Affordable Rental Housing Advisory Council
The Mortgage Bankers Association (MBA) announced today the members of its 2022 Affordable Rental Housing Advisory Council. The Advisory Councils on affordable rental housing and affordable homeownership were formed in 2019 to provide important strategic and practical guidance to MBA's CONVERGENCE Initiative, the association's affordable housing effort.
Mortgage Coach integration with First American Title empowers consumers with greater insight into title fees during the loan selection process
Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, today announced its integration with First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending November 12, 2021.
Quick Links
Fed stands ready to accelerate tapering of mortgage purchases
Policymakers at the Federal Reserve are prepared to accelerate the Fed's timetable for tapering its support for mortgage markets if inflation continues to run higher than their objectives.

Interfirst Mortgage to lay off nearly 50 LOs
Chicago-based Interfirst Mortgage Co. will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers and seven transaction coordinators.

The State Where the Most People Are Behind on Their Mortgages
The American housing market is in the midst of a period of extraordinary price increases, driven by historically high demand. The carefully followed S&P Corelogic Case-Shiller Index shows that in August home prices rose 19.8% nationwide compared to the same month a year ago. Among the 20 cities the report tracks, the city with the largest jump was Phoenix at 33.3%.

Fathom Adds Woodhouse Group to Network
Fathom Realty recently announced that the Woodhouse Group has joined Fathom with the addition of approximately 50 agents in the Idaho market. Effective immediately, Woodhouse Group agents will operate under the Fathom Realty umbrella. Terms were not disclosed.

Fathom raises $32.7M to fund more acquisitions
End-to-end real estate services platform Fathom Holdings Inc. has raised nearly $33 million through a public stock offering that it will use primarily to acquire smaller real estate brokerages in new markets. Fathom integrates residential brokerage, mortgage, title, insurance and software-as-a-service (SaaS) offerings to brokerages and real estate agents, through brands including Fathom Realty, intelliAgent and Verus Title.

Why Did Zillow (Really) Pull the Plug on iBuying?
Zillow Group's surprising decision to exit its Zillow Offers iBuying business left investors with more questions than answers. In this Fool Live video clip, recorded on Nov. 5, Fool.com contributors Matt Frankel and Jason Hall share their takes on what went wrong and why Zillow was so quick to pull the plug on the business they've referred to as a major future growth driver.

Montana Court Affirms Summary Judgement for Title Company in Conveyance Dispute
The United States District Court for the District of Montana recently upheld a Magistrate Judge's recommendation for summary judgment for a title company, finding that coverage terminated when the insureds conveyed the property to their trust.

Stewart Title shows no signs of slowing down expansion
Stewart Title has acquired Las Cruces Abstract and Title according to an announcement made Friday. Founded in 1926, Las Cruces Abstract and Title serves Dona Ana, Hidalgo and Luna Counties in southern New Mexico. This purchase is just the latest in Stewart's string of acquisition, as the company has looked to expand its share of the title insurance market. Earlier this month, the firm announced its acquisition of Rainier Title, bolstering its presence in the Pacific Northwest.


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ServiceLink Seeking SD,VT,KY Abstractors
November 09 2021
Highly qualified and skilled abstractors are needed in your area. We are expanding our network of independent, boots-on-the-ground abstractors for our Default Services Division. If you are a search and abstract vendor ready to take the next step in ...[more info]

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