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One in Two Americans Who Have Tried to Purchase a Home Have Faced Barriers
In recognition of Financial Literacy Month, the National Foundation for Credit Counseling® has released its 12th annual Consumer Financial Literacy Survey. This year’s survey conducted online by The Harris Poll in March 2019 among 2,086 U.S. adults ages 18 and older, reveals some good news about savings and consumer debt levels but demonstrates the barriers many Americans face when striving to achieve homeownership. Home prices, lack of down payment resources, poor or limited credit history, and the burdens of consumer debt are among the top barriers identified in the survey results.
SafeChain Partners with Adeptive to Provide Fraud- Free Closings for ResWare Customers
SafeChain, an industry leader in wire fraud prevention software and blockchain applications for land title, announced today that Adeptive Software has integrated SafeWire into ResWare, Adeptive’s powerful title and escrow production software.
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Old Republic Title Announces Jeffrey Tischler as SVP, Technology Solutions
Jeffrey A. Tischler has joined Old Republic Title as Senior Vice President, Old Republic National Title Insurance Company, Technology Solutions. Jeff has leadership responsibilities for Pavaso and RamQuest, which are part of Old Republic Title Tech Companies, Inc.
Simplifile Promotes Mark Moats to VP of National Accounts
Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, today announced it has promoted Mark Moats to Vice President of National Accounts.
Mortgage Bankers' Commercial/Multifamily Originations Rise to Record $573.9 Billion in 2018
Commercial and multifamily mortgage bankers closed a record $573.9 billion in loans in 2018, according to the Mortgage Bankers Association's 2018 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 5.6 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 5, 2019.
Redfin Expands Real Estate Brokerage and Search Site to Des Moines, Iowa and Lincoln, Nebraska
People can now buy and sell homes with Redfin agents in Des Moines, Iowa, and Lincoln, Nebraska, Redfin announced today. Iowa is the newest state for the tech-powered brokerage, which is now serving homebuyers and sellers in 42 states.
Best's Commentary: Blockchain an Enabler for Title Insurance, Not a Replacement
A blockchain initiative in the title insurance industry is an example of how early adoption of emerging technologies or a proactive insurtech partnership potentially may help insurance companies get ahead of or avert market disruption, according to an AM Best commentary.
OS National to Expand Headquarters Operations
The Georgia Department of Economic Development announced today that OS National LLC, a nationally recognized title and escrow provider, will create more than 1,000 jobs and invest more than $15 million in their headquarters in Gwinnett County.
March New Home Purchase Mortgage Applications Increased 7 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2019 shows mortgage applications for new home purchases increased 7 percent compared to a year ago. 
Realtors® Applaud Senate Confirmation of Mark Calabria to Lead FHFA
"The National Association of Realtors® applauds the U.S. Senate for today confirming Dr. Mark Calabria as the next Director of the Federal Housing Finance Agency," said Smaby, a second-generation Realtor® from Edina, Minnesota.
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Same-sex borrowers 73 percent more likely to be denied mortgage, study finds
Despite being "less risky overall," same-sex borrowers are less likely to get a mortgage. When they are approved, they face higher interest.

Wells Fargo accused of misleading homeowners in mortgage crisis aftermath
Wells Fargo is being accused of misleading homeowners who were seeking to lower their home payments in the aftermath of the mortgage crisis.

Amid price gains, Northeast Ohio home sales slumped in March
As prices climbed, the number of homes sold in Northeast Ohio dipped from year-ago levels in March.

Ohio county auditors explore blockchain
Efforts are underway to turn Cleveland into a center of blockchain technology, thanks to the Blockland Cleveland initiative as well as startups using blockchain-based software to limit the paper trail produced through any number of data transactions.

Owners will spend almost $21,000 to sell their home in 2019, Zillow says
Homeowners in the U.S. will spend an average $20,851 to sell in 2019, according to a report released Tuesday from Zillow. That includes real estate commissions, taxes and projects such as painting and landscaping to prepare for listing.

State police investigating Macon County (IL) sheriff's foreclosure sales
A special prosecutor is deciding whether to pursue charges of official misconduct against members of the Macon County Sheriff's Office who may have been involved with property sales that violated state law.

PayThink Smart contracts are an intelligent way to streamline payments By Vinay Pai
Some countries are now replacing title insurance with smart contracts, because land deeds are one of the most old-fashioned contracts around and they're basically pieces of paper sitting in some clerk's office.

Company's expanded Gwinnett HQ will create 1,000 jobs, officials say
A title and escrow company plans to create more than 1,000 at its expanded national headquarters in Gwinnett County, officials a

Colorado mother-daughter accused of embezzling thousands in escrow funds get 90 days in jail
A mother-daughter team will serve 90 days in jail for their guilty pleas to stealing hundreds of thousands of dollars in escrow funds from clients of their now-shuttered Cherry Creek title insurance companies.

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