U.S Mortgage Rates Rise as Sentiment towards the Economy Improves
Mortgage rates were on the rise once more in the week ending 14th November. 30-year fixed rates rose by 6 basis points to 3.74%. In the week ending 7th November. 30-year fixed rates had fallen by 9 basis points to 3.69%.
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A Blockchain-Based Digital Notary: What You Need To Know
Blockchain technology is known for its integrity and quick service. There are numerous benefits to using the blockchain for public notary services.
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FinCEN Again Renews Real Estate Rule Requiring Title Companies to Reveal Buyer IDs: More to Come?
The Financial Crimes Enforcement Network announced the renewal of its Geographic Targeting Orders requiring disclosure of the identities of individuals in LLCs buying real estate for cash in 12 cities. There are proposals in Congress to extend the law nationwide.
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FBI Warns on Rise in Sophisticated Cyber Crimes
In 2015, $220 million was lost to wire fraud in the United States. In 2019, losses will surpass $1.5 billion, according to WFG National Title Insurance Co.
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Ex-insurance executive sentenced to 6 months in college admissions scandal
A judge on Wednesday sentenced Toby MacFarlane, a former executive at WFG National Title Insurance Company, to six months in prison for paying $450,000 to get his two children into the University of Southern California as athletic recruits. It's a longer sentence than the 12 other parents who have already received sentences in the college admissions scandal.
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Fitch taps brakes on fully digital mortgage revolution
Ratings agency says several technological, legal hurdles remain; a new report from Fitch Ratings suggests that widespread acceptance of a fully digital mortgage (or eMortgage) may be many years away.
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Climate change could end mortgages as we know them
Climate change could punch a hole through the financial system by making 30-year home mortgages - the lifeblood of the American housing market - effectively unobtainable in entire regions across parts of the U.S.
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