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National Association of Realtors® Files Amicus Brief Defending Labor Department's AHP Rule
The National Association of Realtors® filed an amicus briefin defense of the Department of Labor’s (DOL) Association Health Plan rule late last week. Amicus briefs are legal documents filed in appellate court cases by non-litigants that have a strong interest in the subject matter in question. Earlier this year, a federal court ruled that provisions of the DOL’s rule were unlawful, a ruling adversely impacting Realtors® seeking more cost effective and comprehensive health insurance solutions through AHP options. The Department of Justice is appealing the ruling and NAR’s amicus brief submission supports the DOJ’s appeal.
Texan Title Taps SafeWire by SafeChain to Provide Protection Against Wire Fraud
SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Texan Title has chosen SafeWireTM to defend its clients’ wire transactions against fraud.
Paul Bandiera Named Vice President of Information Technology Strategy at First American Title Insurance Company
First American Title Insurance Company announced today the company has hired Paul Bandiera as vice president of information technology strategy.
AccuSearch Company
MBA Launches New Affordable Housing Initiative
The Mortgage Bankers Association (MBA) announced today the launch of a new strategic initiative to help develop stronger and more effective affordable housing partnerships in both the policy and business arenas.
May New Home Purchase Mortgage Applications Increased 20.1 Percent
The Mortgage Bankers Association Builder Application Survey data for May 2019 shows mortgage applications for new home purchases increased 20.1 percent compared from a year ago.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 26.8 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 7, 2019.
Stewart Title promotes New Jersey State Counsel John Crowley to Associate Senior Underwriting Counsel
Stewart Title announced today the promotion of John Crowley to Associate Senior Underwriting Counsel. In his new position, Crowley will continue to serve as the New Jersey State counsel and be responsible for shaping the company's underwriting and business practices.
Fidelity National Financial Adds NotaryCam Remote Notarization Service to Online Closing Options
NotaryCam®, the pioneering leader in online notarization and the original provider of mortgage eClosing solutions, today announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) and remote online closing (ROC) capabilities to FNF’s network of direct title and settlement operations, as well as its network of independent title agents.
Realtors® Release First Profile on LGB Buyers and Sellers
June is national LGBT Pride Month, and in recognition, the National Association of Realtors® has released its first-ever Profile of Lesbian, Gay and Bisexual Buyers and Sellers.
MBA Releases Lender Disclosure Template for Adjustable-Rate Mortgage Borrowers in Preparation for LIBOR Sunset
With the discontinuation of the London Interbank Offered Rate (LIBOR) likely on the horizon, the Mortgage Bankers Association released today a disclosure template for residential mortgage lenders to share with consumers interested in applying for an adjustable-rate mortgage.
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MERS, NYSE owner Intercontinental Exchange increases mortgage presence by buying Simplifile
Intercontinental Exchange, the parent company of the New York Stock Exchange, moved into mortgages in a big way last year when the company bought MERS, which operates a national electronic registry that tracks the changes in servicing rights and beneficial ownership interests in U.S.-based mortgages.

Citizens Bank unveils digital home buying and mortgage experience
Citizens Bank, which became one of the country's largest mortgage companies when it acquired Franklin American Mortgage last year, is now diving headfirst into the digital mortgage revolution.

Mortgage rates are dropping - so why aren't more people buying homes?
Lower interest rates offer real savings, but that may not be compelling enough to would-be home buyers.

Ohio Bill Would Create Credit Protection Type Laws for Land Contracts
Ohio lawmakers recently have proposed House Bill 103, which would change land contract laws in that state. Patterned after consumer protection laws, House Bill 103 would severely limit the interest rate on land sale contracts and implement safeguards for buyers.

Vinegar Syndrome Is Eating Away Cook County (IL) History
Potentially millions of records on microfilm have what's called vinegar syndrome. That happens when acetate film, like in old movie reels or government microfilm, is stored in hot, humid rooms. It gives off a pungent odor.

Quicken Loans settles with Federal Housing Authority in fraudulent lending case
The Justice Department on Friday dismissed a lawsuit against Quicken Loans, after the company agreed to a $32.5 million settlement with the United States government.

US State of Nevada Passes Flurry of Blockchain Bills
Nevada passed regulatory sandbox legislation aimed at continuing blockchain investment and entrepreneurism in the state. Governor Steve Sisolak signed the "blockchain bills" on June 7 and 13.

Could Detroit become Mortgage City? It now boasts 2 top lenders
Metro Detroit may be a long way from the financial canyons of Wall Street, but the Motor City does appear to be growing past New York's financial powerhouses in at least one category - mortgage lending.

Colorado startup is hoping to change the real estate market by leveling the playing field for all
The idea is to provide the cash for the home up front to give the buyer leverage over the competition. BoardRE will supply the money to buy the home to pre-approved buyers and work with them to determine which houses they can afford.

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5 Cyber Security Issues Title Agents Should Be Aware of
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