Doc Signers
Log In
Forget your Password?

About Us
Contact Us
Privacy Policy

Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.2 percent from one week earlier,according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2022. Last week’s results include an adjustment for the observance of Veterans Day.
Mortgage Application Payments Rise 3.7 Percent to $2,012 in October
Homebuyer affordability continued its downward trajectory in October, as the national median payment applied for by applicants increased 3.7 percent to $2,012 from $1,941 in September.
AccuSearch Company
Realtors®' CEO Meets with White House Officials to Discuss Housing Supply, Affordability
National Association of Realtors® Chief Executive Officer Bob Goldberg joined White House officials and industry representatives Wednesday to discuss the Biden administration’s response to housing supply and affordability constraints affecting the country. NAR President Kenny Parcell followed up the meeting with a letter to White House officials outlining numerous priorities the trade association believes would help address these ongoing challenges.
MBA Statement on the Acceptance of Private Flood Insurance for FHA-Insured Mortgages
“MBA applauds HUD’s decision to permit lenders to accept private flood insurance policies, a move for which we have long advocated and that will give FHA borrowers who need flood insurance more choices and potentially better coverage at a lower cost."
Share of Mortgage Loans in Forbearance Increases Slightly to 0.70% in October
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased by 1 basis point from 0.69% of servicers’ portfolio volume in the prior month to 0.70% as of October 31, 2022. According to MBA’s estimate, 350,000 homeowners are in forbearance plans.
CertifID and Stewart Report Significant Reduction in Wire Fraud Risk Over Past Two Years
CertifID Inc., a leader in wire fraud protection, and Stewart Information Services Corporation, a global leader in real estate services, today announced a significant reduction in wire fraud risk for the title company, home buyers and sellers, and lenders as a result of their partnership. This is in the face of the 64% year-on-year rise in overall cybercrime losses most recently available from the FBI Internet Crime Complaint Center (IC3). Earns SOC 2 Type 2 Certification, a secure, digital, white-label SaaS platform that allows parties to collect earnest money as well as transfer and disburse funds for real estate transactions, has been awarded a SOC 2 Type 2 designation. The certification confirms maintains and conforms to a globally recognized standard in its storage and handling of client data.
Existing-Home Sales Slumped 5.9% in October
Existing-home sales retreated for the ninth straight month in October, according to the National Association of REALTORS®. All four major U.S. regions registered month-over-month and year-over-year declines.
Black Knight to Sell TitlePoint Line of Business to Fidelity National Financial
TitlePoint, which is part of Black Knight's Data & Analytics segment, enables searches for detailed property information, images of documents and maps from hundreds of counties across the U.S. that help title insurance underwriters, title agents and closing attorneys quickly compile title search packages to support the safe transfer and financing of real property.
Quick Links
HUD Issues Final Rule Permitting Private Flood Insurance with FHA Loans
The U.S. Department of Housing Urban Development (HUD) recently issued a final rule permitting the use of private flood insurance policies with FHA-insured mortgage loans. HUD also issued Mortgagee Letter 2022-18 addressing with regard to FHA-insured loans general flood insurance requirements, flood insurance requirements for condominiums, manufactured homes and home equity conversion mortgage (HECM) loans (i.e., reverse mortgage loans), and private flood insurance requirements. Both the final rule and Mortgagee Letter are effective December 21, 2022.

Rook CEO Ed Messman on solving the housing affordability crisis
For today's episode of the Housing News Podcast, we're bringing you the audio version of an interview featuring Clayton and the CEO of Rook Capital, Ed Messman, who talks about some of the innovative solutions to the home affordability crisis. Clayton and Ed's conversation helps lay a great backdrop to the affordability challenge that our country is currently facing and how that challenge impacts both mortgage and real estate professionals across the country.

The Agency expands into title and mortgage
The Agency is now expanding into title insurance, mortgage, escrow, home inspection and home warranty, the Los Angeles-based real estate brokerage announced on Tuesday. The reason behind the firm's expansion into core real estate services is the increase in demand for boutique-style services of high quality and consistency, said Rainy Hake Austin, president of The Agency. The firm is expanding into mortgage at a challenging time for lenders amid rising interest rates.

Title insurance is burning through homebuyers' pockets - and filling up their lawyers'
Homebuyers plunk down lots of money for title insurance. It's a cash cow for lawyers.

Mortgage rates fall for the second week in a row
Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate mortgage averaged 6.58% in the week ending November 23, down from 6.61% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%.

Digital mortgages to enter a new, faster (and cheaper) era in year ahead
Over the past few years, lenders have focused on improving the digital mortgage experience for consumers, but now lenders could increasingly look to back-end technology for mortgage, improving the speed at which consumers can go through the mortgage process. This coming year, mortgage lenders will be focused on investing in solutions that will drive efficiency, Seth Appleton, Mortgage Industry Standards Maintenance Organization (MISMO) president, said.

Mortgage rates plunge, largest weekly drop since 1981
Mortgage rates dropped sharply last week following a series of economic reports that indicated inflation may finally be easing. The 30-year fixed-rate mortgage averaged 6.61% in the week ending November 17, down from 7.08% the week before, according to Freddie Mac, the largest weekly drop since 1981. A year ago, the 30-year fixed rate stood at 3.10%.

On the Blogs


The Source of Title Business directory has 8825 listed companies.

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

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

To get started, read our blog FAQ page.


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

Search Articles:

AbstractorPro (Real Title Services)

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

by F P


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

Abstracting Vendor-Virginia/Maryland
November 08 2022
Good Morning,

We are a Title Abstracting Company based in Manassas, Va. and have abstractors on our staff and boots on the ground where needed to assist you.
Please review the attached and see how we can of service to you. We also handle foreclo...[more info]

© 2020, Source of Title.