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CFPB Anti-Kickback Suit Against Kentucky Law Firm Tossed on Summary Judgment
July 16 2017 (subscription)
In 2011, a Louisville, Kentucky law firm, Borders & Borders, that operated nine joint ventures with various real estate settlement providers found itself under investigation by the Department of Housing and Urban Development, then the Consumer Financial Protection Bureau, for violating the anti-kickback provisions of the Real Estate Settlement Procedures Act.  After more than six years, the law firm won its case on summary judgment last week. 
Realtors®, House Financial Services Committee Reach Agreement to Move Key Flood Insurance Legislation Forward
July 20 2017
The National Association of Realtors® today said that significant improvements to the “21st Century Flood Reform Act,” key legislation aimed at strengthening and reauthorizingthe National Flood Insurance Program, have cleared the way for endorsement of the bill. Among the changes, Realtors® support the House Financial Services Committee’s commitment to retaining “grandfathering” – a policy that protects homeowners from significant rate increases when a flood map changes.
National Association of Independent Land Title Agents Announces Adoption of Professional Ethics Standards
July 20 2017
The National Association of Independent Land Title Agents (NAILTA), a non-profit national trade organization representing independent real estate settlement service professionals across the United States, announced today that it has formally adopted enforceable ethical standards of conduct for its members. NAILTA is now the only national land title insurance trade organization in the country to utilize a functioning and enforceable set of uniform professional ethics standards for its members.
Punctual Abstract
Mortgage Applications Increase in Latest MBA Weekly Survey
July 19 2017
Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 14, 2017.
Quick links
Realogy subsidiary buys NY-based title insurance firm
Realogy Group - the parent company of Corcoran Group and Citi Habitats - is taking a bigger bite out of the title insurance business.
Ex-owner of Avoca title insurance firm gets prison time for mail fraud
A former Luzerne County attorney and business owner was sentenced Monday to two years in federal prison for defrauding homeowners by issuing invalid insurance policies.
JetClosing raises another $2M, will expand real estate closing process service to more states
The Seattle startup just reeled in another $2 million for its tech-fueled mobile-focused service that digitizes the home closing process for buyers, sellers, and realtors.
Hackers target real estate clients around deal closings
Paul Leblanc of Brookline thought he had found a dream lakefront home in Hillsborough last fall and was getting ready to close the deal.
Orange Coast Title Names Kent Schmeeckle New VP
Orange Coast Title Company has announced that Kent Schmeeckle has joined their management team as Vice President and Senior Underwriter.
June New Home Purchase Mortgage Applications Increased 10 Percent Year over Year
July 17 2017
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2017 shows mortgage applications for new home purchases increased 10 percent compared to June 2016.
RamQuest Transforming the Customer Experience
July 14 2017
RamQuest, Inc. announced today the addition of Tom Gomolski to its management team. Tom joins the RamQuest team as the director of the company’s newly formed Customer Experience team and, in this role, will be integral in the company’s initiative to transform customer service and ensure that customers have the best experience at every interaction.
Nadal joins North American Title Insurance Co. as state agency manager in Florida
July 13 2017
North American Title Insurance Co. (NATIC) has hired industry veteran Andrew Nadal as state agency manager. Working alongside Florida State Agency Manager Geoffrey Harris, Nadal will oversee agency operations in Florida, while securing and servicing title agents and real estate attorneys to promote new and increased business activity.
Valuation Professional Receives Unique Honor from Appraisal Institute
July 13 2017
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has – for the first time – bestowed its residential review designation to a previously non-Designated member.
84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern
July 12 2017
According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans.
On the Blogs

Positive Changes in Ohio's Budget Bill: Recording Fee Hike Nixed, and more...
Source of Title Blog
2017/06/28
0 comments

My First Experience with Inverse Condemnation
Source of Title Blog
2017/06/25
1 comments

BRASS Services is going out of business after years of service....
William Pattison 's Blog
2017/06/19
2 comments

A Time-Saving Title Search Tool?
Source of Title Blog
2017/05/29
3 comments

Confirmed... The Ohio Good Funds Law is Harming Consumers
Source of Title Blog
2017/05/17
3 comments

Email Fraud in Real Estate Transactions is on the Rise
Source of Title Blog
2017/05/14
2 comments

The Ohio House Sneaks a Massive Recording Fee Increase into the New Budget Bill
Source of Title Blog
2017/04/25
0 comments

Is Notice by Certified Mail Worth the Cost?
Source of Title Blog
2017/04/03
1 comments

Ohio House Bill Introduced to Regulate Solicitation of Deeds
Source of Title Blog
2017/03/22
3 comments

In God We Trust... Everyone Else Gotta Pay by Wire Transfer
Source of Title Blog
2017/03/12
1 comments

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