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OneTitle Joins Forces with Sovereign Title in Expansion Encompassing New Jersey and New York
OneTitle National Guaranty Company, Inc. and Sovereign Title Agency, LLC, announced a strategic partnership that will provide an unparalleled level of customer service and underwriting expertise to residential and commercial title insurance customers in New York and New Jersey.
Single-Family Sector Boosts Housing Production in 2017, More Gains Expected this Year
The December numbers show a return to trend after an especially strong November report, but overall 2017 saw significant gains in housing production. Starts rose 2.4 percent last year, pushed up by an 8.5 percent jump in the single-family sector.
Remodeling Market Indicators Hit High in Fourth Quarter
“A booming stock market and low unemployment continue to fuel consumers’ investment in their homes,” said NAHB Remodelers Chair Joanne Theunissen.
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Builder Confidence Remains Strong as New Year Starts
Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index after reaching an 18-year high in December 2017.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.1 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending January 12, 2018.
Real Estate Broker Pleads Guilty to Role in Sweeping Mortgage Fraud Conspiracy
A Methuen real estate broker pleaded guilty yesterday in connection with a sweeping conspiracy to defraud banks and mortgage companies by engaging in sham “short” sales of residential properties in Merrimack Valley.
National Association of Realtors® Announces Restructuring, Senior Management Team
The National Association of Realtors® has announced a new internal organizational structure and changes to its senior management team to more effectively and efficiently serve its 1.3 million Realtor® members.
American Land Title Association Honors First Idaho Designee with National Title Professional Recognition
John Holt has been awarded a National Title Professional designation from the American Land Title Association, the national trade association of the land title insurance industry. Holt was the first NTP designee from Idaho, receiving his designation in April 2017; he joins more than 80 other industry leaders who have earned the professional designation nationwide.
December New Home Purchase Mortgage Applications Increase 7.8 Percent Year over Year
The Mortgage Bankers Association Builder Applications Survey data for December 2017 shows mortgage applications for new home purchases increased 7.8 percent compared to December 2016. Compared to November 2017, applications decreased by 18 percent relative to the previous month.
Notarize and Westcor Partner to Support Online Notarization in 16 States
Today Notarize, the first digital platform to legally notarize documents online, and Westcor Land Title Insurance Company, one of the nation’s largest title insurers, together announce a partnership to expand online notarization to real estate transactions in 16 states across the country. Together the companies will enable borrowers, independent title agents, and lenders to benefit from 100% online closings utilizing Notarize’s platform offerings: Notarize for Mortgage and Notarize for Title Agents.
On the Blogs

Ohio Abstractors, Beware the Terminating Homestead Exemption
Source of Title Blog

The Passing of a Good Friend, Pat Scott
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Mortgage Industry Reacts to Government Shutdown
As day three of the government shutdown begins, the concern about its impact on mortgage lending grows.

State Senate approves bill to undo title-insurance reforms. But would Cuomo ever sign it?
The state Senate passed a bill Tuesday that would block regulatory reforms to the title-insurance industry, but it might have a hard time getting the thumbs-up from Gov. Andrew Cuomo.

NYS Senate votes to ease new rules for title insurance
The New York State Senate unanimously passed a bill Tuesday that will allow title companies to resume buying clients coffee, taking them out for lunch or treating them to a round of golf.

2018's Higher Federal Conforming Mortgage Loan Limits Signal Confidence In The Housing Market
For the first time since 2005, the Federal Housing Finance Agency (FHFA) significantly increased 2018 Conforming Mortgage Loan Limits by 6.8% to keep pace with home price appreciation. This signals confidence in the housing market.

Mick Mulvaney takes first step toward overhauling Consumer Financial Protection Bureau
On Wednesday, Mulvaney announced he was launching a review of the entire operation of the consumer watchdog agency created in the wake of the 2008 financial crisis.

Judge Maze appoints Circuit Clerk in Rowan County, KY
Three qualified Rowan County (KY) citizens submitted their names for the appointment. Rowan County is very fortunate to have three individuals who are qualified to perform this very difficult job and interested in serving the its citizens.

County set to consider 'reasonable settlement' in pueblo roadway dispute
Santa Fe County taxpayers could spend between $7 million and $8 million to settle long-standing disputes with four area pueblos over rights of way on county-maintained roads within tribal boundaries.

Strip clubs are a hot topic at hearing on title insurance
"We are simply saying that consumers should not have to pay for the cost of strip-club outings and high-priced restaurants in their premiums for title insurance," she said during a state Assembly hearing Friday on the new rules.

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