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NotaryCam-DocMagic Integration Delivers Remote Online Notarization, eClosing Capabilities for Mid America Mortgage
NotaryCam®, the leader in online notarization solutions, today announced that eMortgage pioneer Mid America Mortgage is now using the firm’s integration with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to conduct remote online notarizations (RONs) through DocMagic’s Total eClose™ platform.Mid America will leverage the integration throughout its retail, correspondent and wholesale channels.
Maryland Now E-recording Statewide with Simplifile
Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced that St. Mary’s County, Md., has adopted its e-recording service. With this addition, Maryland has become the 10th state in the Simplifile network to implement e-recording statewide.
AccuSearch Company
Appraisal Institute Debuts Rural Valuation Seminar
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, debuted a seven-hour classroom seminar on rural valuation issues today in Nashville, Tennessee.
Existing-Home Sales Surge 11.8 Percent in February
Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 15, 2019.
Vast Majority Think 2019 First Quarter is Good Time to Buy Home, says Realtor® Survey
New findings from a National Association of Realtors® survey show that more Americans believe that now is a good time to purchase a home.
11 Charged in National Foreclosure Relief Scam
A federal grand jury has charged 11 people from across the country with conspiracy to commit mail and wire fraud in a scheme to defraud distressed homeowners by falsely representing that they could help the victims save their homes.
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.
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.
RE/MAX and Redfin Announce Exclusive Referral Relationship in U.S. and Canada
RE/MAX Holdings, Inc., parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, today announced a strategic alliance with Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage.
First American Mortgage Solutions Enhances Collateral Inspection Services with Innovative Mobile-Enabled Technology
First American Mortgage Solutions, LLC, a part of the First American family of companies, today announced enhancements to its collateral inspection services with innovative mobile-enabled technology.
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Jumbo mortgage slowdown forces banks to rethink focus on high-end customers
Jumbo loans - mortgages too large to be sold to Fannie Mae and Freddie Mac - fell by 12 percent by dollar volume last year, according to a new report from the Wall Street Journal. It's a warning sign for banks that pivoted to cater to wealthy borrowers in the wake of the financial crisis.

Mortgage rates slide to 13-month low, luring Americans back into the housing market
Rates for home loans fell, with no bottom in sight as investors increasingly brace for slowing economic growth.

Lenders are quietly lowering FICO credit score requirements for mortgages
Getting approved for a mortgage is becoming easier as lenders are loosening their FICO score requirements and raising the ceiling on debt-to-income levels.

Massachusetts Attorney General Healey reaches $600,000 settlement with real estate company
A property management company has agreed to pay $600,000 to settle allegations that it "systematically discriminated" against minority and low-income applicants and tenants of a Malden apartment complex, Attorney General Maura Healey announced Friday.

Real-estate report: Foreclosure rates at 19-year low
U.S. foreclosure and mortgage delinquency rates fell at the end of last year to the lowest rate since at least 2000, according to CoreLogic, a real-estate research firm.

Want to profit from the housing shortage? There's a new ETF for that.
The rent is too damn high and there aren't any houses to buy, but all is not lost. Thanks to a new exchange-traded fund, investors may soon be able to profit from the housing shortage crisis.

Title searchers play vital role in property transactions
Title searchers are some of the best-informed people around on a county's development history.

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.

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March 02 2019
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