TitlePac
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Study Highlights How Credit Scoring Impacts Fair Lending, Minority Homeownership Rates
The use of new data to determine prospective buyers' creditworthiness will increase opportunities for homeownership among Black and Latino Americans, according to new research outlined today at a virtual event hosted by the National Association of Realtors®.
Real Document Solutions
Remodeling Industry Confidence Up Strongly Year over Year
The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) in the first quarter of 2021, posting a reading of 86, up 38 points from the first quarter of 2020. The finding is a signal of residential remodelers’ confidence in their markets, for projects of all sizes.
Real Title Services
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 5.1 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 2, 2021.
American Land Title Association Reports Title Premium Volume Increases 21.7 Percent in 2020
Driven by historic mortgage origination activity, the American Land Title Association (ALTA), the national trade association of the land title insurance industry, reported title insurance premium volume increased 21.7 percent during 2020 when compared with the same period a year ago.
CNL Strategic Capital and Levine Leichtman Strategic Capital Invest in ATA National Title Group in Partnership with Existing Management
ATA National Title Group, LLC and its subsidiaries and affiliated companies, including Talon Title Agency (collectively, "ATA" or the "company"), announced today that it has been acquired by a newly-formed holding company.
Southern Title President/CEO Renews National Title Professional Designation
The American Land Title Association, the national trade association of the land title insurance industry, recently announced the renewal of the National Title Professional designation to Shelley Stewart, CLC, President of Southern Title Holding Company, LLC.
Share of Mortgage Loans in Forbearance Decreases to 4.90 Percent
The Mortgage Bankers Association's latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 6 basis points from 4.96% of servicers' portfolio volume in the prior week to 4.90% as of March 28, 2021. According to MBA's estimate, 2.5 million homeowners are in forbearance plans.
CFPB Proposes Mortgage Servicing Changes to Prevent Wave of COVID-19 Foreclosures
The Consumer Financial Protection Bureau (CFPB) today proposed a set of rule changes intended to help prevent avoidable foreclosures as the emergency federal foreclosure protections expire. Due to the COVID-19 pandemic and ensuing economic crisis, millions of families nationwide have suffered the loss of income and nearly 3 million homeowners are behind on their mortgages.
Quick Links
Notarize Will Allow Notaries to Bring Their Own Transactions onto The Platform
Starting in early May, notaries in Tennessee and Washington can sign up on the Notarize platform to run their business independently. Notarize is piloting the program with a two-state launch before quickly rolling out to additional states over the summer. By the end of 2021, this platform function will be available to notaries in all 32 RON-approved states.

Higher mortgage rates have borrowing in a slump, but analysts are hopeful
As months of rising mortgage rates discourage Americans from buying homes or refinancing existing loans, mortgage applications have gone into an extended downturn, a new report from a lenders trade group shows. But analysts see signs that rates are leveling off and could help borrowing rebound. Plus, they suggest the recent mortgage rate increases aren't as dire as they seem.

Development company involved in another lawsuit
The latest lawsuit, filed last month in Preston County Circuit Court, was filed by Waterfront Group WV LLC against David L. Hough and Cynthia F. Graves, and Allegheny Wood Products Inc. "This dispute concerns a right of first refusal" of real estate, according to the lawsuit, which was filed by attorney Michael C. Cardi of Bowles Rice LLP on the company's behalf.

Mr. Cooper introduces its new chief risk and compliance officer
Mr. Cooper Group has announced that its chief credit officer Kurt Johnson will now also lead its risk and compliance team as executive vice president and chief risk and compliance officer. In a statement, Mr. Cooper said that Johnson "has led critical work for the company in setting risk related policy and governance."

CANADA: A Pending Registration Queue at the Alberta Land Titles Office - How will it work?
The key takeaway is that by utilizing the PRQ, a submitting party will, in most instances, have priority on title guaranteed on submission. In turn, transactions may be able to close and funds may be able to be released without the necessity of waiting for actual registration. The implementation of the PRQ may also enable parties to avoid obtaining gap title insurance coverage, resulting in further time and cost savings on closing.

The appraisal gap is complicating deals across the country
But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don't match - many deals have fallen apart as a result, loan originators and real estate agents said. The gap between appraisal and what buyers are willing to pay in one of the wildest real estate markets in modern history has created friction between agents, lenders and appraisers working under stressful conditions.


On the Blogs

A Reminder of Why Title Insurance is so Important
Source of Title Blog
2021/03/07
0 comments

NAILTA
Directory

The Source of Title Business directory has 8792 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

To get started, read our blog FAQ page.

Title Whale
Articles

Source of Title articles help to keep you informed on the state of the title industry.

Search Articles:
browse...

AbstractorPro (Real Title Services)
Forums

Source of Title's Forums are the place for title industry discussions.
Recent posts in the forums:



Classifieds

Buy, sell, or trade! Browse the ads or post your own!

Judgment and Lien Search
March 29 2021
In need of an abstractor who can/will do judgment and lien searches for me in Union County PA. This includes any documents found or needed. I will gladly pay by PayPal, Venmo, etc. or any other form suggested the same day....[more info]

email
© 2020, Source of Title.