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Pavaso partners with Intercap Lending, Elevated Title, Signature Closers to deliver collaborative eClosing with eNotarization
Pavaso has partnered with Utah-based mortgage lender Intercap Lending, Salt Lake City-based Elevated Title and Columbus, Ohio-based Signature Closers to deliver an eClosing experience during which the lender, title company and notary provider all collaborate within the Pavaso portal to complete the closing.
New Home Sales Rise 4 Percent in March
Sales of newly built, single-family homes rose 4.0 percent in March to a seasonally adjusted annual rate of 694,000 units after an upwardly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This the second highest reading since the Great Recession.
AccuSearch Company
Mortgage Applications Slightly Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 20, 2018.
Consumer Interest Trends Towards Sustainability, say Realtors®
As consumer demand trends toward green and sustainable home features, Realtors® continue to work to promote environmentally responsible features and business practices.
Existing-Home Sales Climb 1.1 Percent in March
Existing-home sales grew for the second consecutive month in March, but lagging inventory levels and affordability constraints kept sales activity below year ago levels, according to the National Association of Realtors®.
NAR,® Report Housing Supply and Affordability Are at Odds in Markets Across U.S.
At the national level, housing affordability is down from a year ago and fewer households can afford the active inventory of homes currently for sale on the market based on their income.
Remodeling Confidence Remains in Strong Territory Despite Three Point Slip
The National Association of Home Builders’ Remodeling Market Index posted a reading of 57 in the first quarter of 2018, down three points from the previous quarter and back to the same level as the third quarter of 2017.
Housing Starts Rise 1.9 Percent on Multifamily Surge
Gains in multifamily production pushed overall housing starts up 1.9 percent in March to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
WFG National Title Insurance Company Acquires Inland Professional Title
WFG National Title Insurance Company acquires Inland Professional Title, further strengthening its footprint in Northwest.
International Housing Association Focuses on Global Skilled Labor Shortage
The International Housing Association is focusing on ways to secure the skilled work force necessary to address the needs of the residential construction industry around the world, IHA leaders announced during the association’s annual meeting April 11-13 in Washington, D.C.
Production Volume and Profits Down in 2017 for Independent Mortgage Bankers
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017, down from $1,346 per loan in 2016, the Mortgage Bankers Association reported today in its Annual Mortgage Bankers Performance Report.
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Mortgage Rates Push Farther Into 4-Year Highs
Mortgage rates moved somewhat higher again today, thus pushing them farther into the highest levels in more than 4 years.

How Will Private Mortgage Insurance Rate Reductions Impact Affordability?
According to the April Housing Finance At A Glance Chartbook by the institute Private Mortgage Insurance (PMI) companies are joining the race to cut insurance premiums that will likely offset the attractiveness of loans offered by FHA.

Republicans Gutted the Mortgage Interest Deduction. Democrats Should Finish It Off.
One of the most remarkable things about the tax bill Republicans passed last year was how it took a rotary saw to the mortgage interest deduction.

Tech Disruption In Title Insurance Is A New Frontier -- Or Is It?
Blockchain, cryptocurrency and digitized records are the ubiquitous terms being used to discuss the future of the largest asset class in the world. The supposed experts are calling for a major disruption in both the land records and title insurance space, citing the fact that the real estate industry has not seen changes in forever.

Mick Mulvaney Says the Quiet Part Out Loud
The head of the Consumer Finance Protection Bureau tells it like it is: If you want access to policymakers, it's helpful to donate lots of money. But that doesn't seem to bother him.

After affordable housing debacle, title industry rebuffs Denver's request to ensure compliance with program rules
The Land Title Association of Colorado has rejected a request from Denver Mayor Michael Hancock to make compliance with the city's affordable housing rules a requirement for obtaining title insurance.

Four-Year Highs for Mortgage Rates and Home Prices
It was up-up-and-away in the latest housing data, with mortgage rates and home prices both hitting four-year highs.

Title insurance: Shocking numbers should kill merger, group tells DOJ
Industry executives in Florida sing the merits, but the Consumer Federation of America says a proposed merger of two of the top four U.S. title insurance giants represents bad news for home buyers from West Palm Beach to Walla Walla, Wash.

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WEBINAR | Appraisers: Is Your ID at Risk? | April 25
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Ohio Abstractors, Beware the Terminating Homestead Exemption
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April 13 2018
Sharon S. Moller, Title Examiner is now offering abstract services in 10 States: Arkansas, Connecticut, Florida, Illinois, Indiana, Maine, Massachusetts, Michigan, New Hampshire and Wisconsin! Best rates and turn times in industry! Projects welcome!...[more info]

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