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Rethinking Real Estate Valuations and Alternatives to Traditional Appraisals
Appraisals are a vital part of the real estate transaction and have traditionally been done in-person by an experienced appraiser, but efforts to reduce costs, increase efficiencies and incorporate more innovation, technology and data in the valuation process are expanding the use of alternative valuation methods.
Homes Sold Faster Than Ever in April; Prices Rose 7.6%
The typical home that sold last month went under contract in just 36 days and the national median home sale price surpassed $300,000 for the first time on record.
AccuSearch Company
Mortgage E-closing Pioneer Mountain America Credit Union Implements Simplifile's Collaboration and Post Closing Services
Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that Mountain America Credit Union has implemented Simplifile Collaboration and Post Closing services to enhance the closing experience for its members.
Realtors® Midyear Forecast: Home Sales, Prices to Rise Despite Inventory, Affordability Challenges
A stronger economy, wage growth and an improving job market are expected to march home sales and prices higher in 2018, but low supply and weakening affordability will tamper the rate of increases, according to speakers at a residential real estate forum during the 2018 REALTORS® Legislative Meetings & Trade Expo.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 11, 2018.
Landscaping Can Significantly Impact Home Values, Appraisal Institute Says
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to pay close attention to their property’s landscaping as it could have a major impact on value.
Mortgage Delinquencies Down in 1st Quarter of 2018
The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally-adjusted rate of 4.63 percent of all loans outstanding at the end of the first quarter of 2018.
Acting Director Mulvaney, Panelists Discuss Future of the CFPB and Real Estate Regulatory Policy
The Bureau of Consumer Financial Protection plans to eliminate regulation by enforcement and increase regulatory clarity, according to speakers at the Regulatory Issues Forum at the 2018 REALTORS® Legislative Meetings & Trade Expo.
MBA Launches "mPower Moments" a New Video Series Providing Workplace Lessons, Highlighting Real Estate Finance Industry Leaders
The Mortgage Bankers Association's (MBA) mPower, or MBA Promoting Opportunities for Women to Extend their Reach, today launched mPower Moments, a new monthly MBA video series where Marcia M. Davies, MBA's Chief Operating Officer and the founder of mPower, discusses issues important to the mPower community with her guest.
April New Home Purchase Mortgage Applications Increased 7.5 Percent Year over Year
The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for April 2018 shows mortgage applications for new home purchases increased 7.5 percent compared to April 2017. Compared to March 2018, applications decreased by 5 percent.
Simplifile Begins E-recording with Collier County, Fla.
Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has begun e-recording with Collier County, Fla.
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Getting a mortgage? Don't get tricked into high title insurance fees
A recent legal settlement between the federal government and a title insurance agency is drawing fresh attention to one of the murkiest, least understood and costly items you get charged for in a real estate closing: title insurance.

Mortgage Rates Hit Seven-Year High as Ultracheap Era Ends
Mortgage rates this week jumped to their highest level since 2011, signaling a shift from a period of ultracheap loans to a higher-rate environment that could slow home price appreciation and squeeze first-time buyers.

Judge denies request by San Antonio's HouseCanary to seal court exhibits in $706M trial
A Bexar County judge on Friday denied a request by San Antonio technology company HouseCanary Inc. to keep confidential some court exhibits used in a recent trial that resulted in a $706 million verdict, one of the largest jury awards ever in the county.

Abbreviated Ponzi Case Argued at Third Circuit
Attorneys for title insurers accused of furthering a Ponzi scheme for nine months argued Monday at the Third Circuit that conduct must last at least a year to trigger civil racketeering charges.

Blockchains and Land Title Records
The possible benefits of an organized, structured, secure, and efficient data management system that blockchain technology may be able to provide has also led governments and private companies to begin to explore using blockchains as a replacement for the current land title record systems used around the world.

Some Markham homeowners paying double what they thought due to hidden property taxes
Three families in the same Markham neighborhood said they can barely keep up with property tax payments after learning of a hidden tax. The practice is known as PIN slamming, and involves two Property Index Numbers to be linked to one home. It may not always be disclosed in closing documents.

Uninteded Consequences In Purchase And Sale Agreement Drafting: Liability Caps
Creating broad liability caps in purchase and sale agreements for commercial real estate can have a significant impact on potential title insurance claims.

How's the Market? Cannabis and title insurance
I am baffled by recently published statements saying properties in the 28 states that have in some capacity legalized cultivation, distribution, manufacture or sale of marijuana products will not be not be able to purchase title insurance.


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Top Consumer Watchdog Places Bureaucracy Ahead of Consumers... Literally.
Source of Title Blog
2018/04/26
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