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Notarize and Westcor Partner to Support Online Notarization in 16 States
Today Notarize, the first digital platform to legally notarize documents online, and Westcor Land Title Insurance Company, one of the nation’s largest title insurers, together announce a partnership to expand online notarization to real estate transactions in 16 states across the country. Together the companies will enable borrowers, independent title agents, and lenders to benefit from 100% online closings utilizing Notarize’s platform offerings: Notarize for Mortgage and Notarize for Title Agents.
Builder Confidence Remains Strong as New Year Starts
Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index after reaching an 18-year high in December 2017.
AccuSearch Company
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending January 12, 2018.
National Association of Realtors® Announces Restructuring, Senior Management Team
The National Association of Realtors® has announced a new internal organizational structure and changes to its senior management team to more effectively and efficiently serve its 1.3 million Realtor® members.
American Land Title Association Honors First Idaho Designee with National Title Professional Recognition
John Holt has been awarded a National Title Professional designation from the American Land Title Association, the national trade association of the land title insurance industry. Holt was the first NTP designee from Idaho, receiving his designation in April 2017; he joins more than 80 other industry leaders who have earned the professional designation nationwide.
December New Home Purchase Mortgage Applications Increase 7.8 Percent Year over Year
The Mortgage Bankers Association Builder Applications Survey data for December 2017 shows mortgage applications for new home purchases increased 7.8 percent compared to December 2016. Compared to November 2017, applications decreased by 18 percent relative to the previous month.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 8.3 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending January 5, 2018. This week's results included an adjustment for the New Year's holiday. Results for the previous week ending 12/29/17 were revised.
Economic Panel Predicts Housing Will Continue to Gain Ground in 2018
The newly enacted tax law will create a more favorable tax climate for the business community, which should spur job and economic growth and keep single-family housing production on a gradual upward trajectory in 2018, according to economists speaking at the NAHB International Builders’ Show® in Orlando, Florida, today.
Residential Remodeling Spending Trending Up
Spending on residential remodels will continue to grow at a modest pace in the next two years, according to experts at a press conference hosted by the National Association of Home Builders Remodelers at the International Builders’ Show in Orlando, Florida. Professional remodelers from around the country agreed with the forecast, citing increased consumer confidence.
Pavaso Partners with Federal Title and Escrow to Serve D.C., Northern Virginia and Maryland Settlements
Federal Title and Escrow Company has partnered with eClosing service provider Pavaso to bring cutting edge technology to real estate settlements in the Washington DC, Maryland, and Virginia area. Pavaso created the industry’s only end-to-end digital closing platform to improve communication, efficiency, and process management in the real estate settlement arena and is continuing to focus on the improvement of the consumer experience.
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NYS Senate votes to ease new rules for title insurance
The New York State Senate unanimously passed a bill Tuesday that will allow title companies to resume buying clients coffee, taking them out for lunch or treating them to a round of golf.

2018's Higher Federal Conforming Mortgage Loan Limits Signal Confidence In The Housing Market
For the first time since 2005, the Federal Housing Finance Agency (FHFA) significantly increased 2018 Conforming Mortgage Loan Limits by 6.8% to keep pace with home price appreciation. This signals confidence in the housing market.

Mick Mulvaney takes first step toward overhauling Consumer Financial Protection Bureau
On Wednesday, Mulvaney announced he was launching a review of the entire operation of the consumer watchdog agency created in the wake of the 2008 financial crisis.

Judge Maze appoints Circuit Clerk in Rowan County, KY
Three qualified Rowan County (KY) citizens submitted their names for the appointment. Rowan County is very fortunate to have three individuals who are qualified to perform this very difficult job and interested in serving the its citizens.

County set to consider 'reasonable settlement' in pueblo roadway dispute
Santa Fe County taxpayers could spend between $7 million and $8 million to settle long-standing disputes with four area pueblos over rights of way on county-maintained roads within tribal boundaries.

Strip clubs are a hot topic at hearing on title insurance
"We are simply saying that consumers should not have to pay for the cost of strip-club outings and high-priced restaurants in their premiums for title insurance," she said during a state Assembly hearing Friday on the new rules.

In Albany, title insurers testify that new regulations would kill jobs, raise costs
The nation's most powerful title insurers descended on Albany on Friday for a showdown with Gov. Andrew Cuomo's administration over the industry's penchant for showering clients with gifts, fancy dinners and luxury box seats at Yankee Stadium. The hearing could have big implications for how the title insurance firms conduct business and staff their operations.

Three Ways Blockchain Could Transform Real Estate In 2018
Title records are another decentralized, challenging-to-access aspect of the real estate buying/selling process. Even in 2017, title information remains stored at the local level and is offline. With the blockchain, this is starting to change.

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The Passing of a Good Friend, Pat Scott
Source of Title Blog

Technology -- Friend or Foe in Appraisal Management?
Francesca Pascavage's Blog


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