After affordable housing debacle, title industry rebuffs Denver's request to ensure compliance with program rules
The Land Title Association of Colorado has rejected a request from Denver Mayor Michael Hancock to make compliance with the city's affordable housing rules a requirement for obtaining title insurance.
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Four-Year Highs for Mortgage Rates and Home Prices
It was up-up-and-away in the latest housing data, with mortgage rates and home prices both hitting four-year highs.
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Title insurance: Shocking numbers should kill merger, group tells DOJ
Industry executives in Florida sing the merits, but the Consumer Federation of America says a proposed merger of two of the top four U.S. title insurance giants represents bad news for home buyers from West Palm Beach to Walla Walla, Wash.
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Subprime mortgages make a comeback-with a new name and soaring demand
They were blamed for the biggest financial disaster in a century. Subprime mortgages - home loans to borrowers with sketchy credit who put little to no skin in the game. Following the epic housing crash, they disappeared, due to strong, new regulation, and zero demand from investors who were badly burned. Barely a decade later, they're coming back with a new name - nonprime - and, so far, some new standards.
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Mortgage refinances fall to the lowest level in a decade amid lean and expensive spring housing market
Demand for mortgages weakened last week, despite a brief respite from rising interest rates.
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New Jersey warns mortgage industry: Hackers are trying to steal mortgage funds
Banks, credit unions, mortgage lenders, loan originators, title insurers, title, real estate agents, and consumers in the state of New Jersey need to be on the lookout for hackers that are trying to steal mortgage funds during the transaction.
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Thrown to the wolves, title insurance closers band together
Title closers - independent contractors whose unglamorous job involves attending closings and ensuring all documents and checks are in order - have formed a trade association to represent their interests after they said the New York State Land Title Association excluded them from a lawsuit filed last month.
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3 face off for county clerk
With Marcia Moore leaving the Hancock County (IN) Clerk's Office because of term limitations, the Republican primary is a wide-open race with three candidates seeking the party's nomination.
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