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Where Marijuana Use Is Legal, Realtors® Saw an Increased Demand in Commercial Properties
A new definition for “hot property” has emerged within the real estate market. The recent string of state-level marijuana legalization continues to impact commercial property demand and residential housing decisions throughout the United States.
First American named to the Fortune 100 Best Companies to Work For list for fifth year in a row
First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, announced today that the company is one of the 2020 Fortune 100 Best Companies to Work For®, according to Fortune and global research and consulting firm Great Place to Work®.
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Silk Title Co. Focuses on Digital Mortgage Closing Experience, Triples Client Base, Achieves Single-Month Record in 2019
Silk Title Co., the leading provider of digitally-driven mortgage closing services, announced it achieved record growth in 2019, enabling the firm to deliver on its “service at scale” promise to its institutional bank and independent mortgage lender clients nationwide.
First American and Docutech Announce Agreement for First American's Acquisition of Docutech
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, and Docutech,a leading provider of document, eCloseand fulfillment technology for the mortgage industry, announced today the signing of an agreement for First American’s acquisition of Docutech.
Stewart Title Enhances National Agents Team
Stewart Information Services Corporation announced today that it has enhanced the National Agents team by naming Scott Gillen as Senior Vice President, National Agents. Kimberly Prete, Manager, National Agents, is taking over for Patty Ayers, who retired January 31 after 18 years with Stewart.
Metro Home Prices Rise in 94% of Metro Areas in Fourth Quarter of 2019
The vast majority of metro areas saw price gains and very small increases in inventory in the final quarter of 2019, according to the latest quarterly reportby the National Association of Realtors®.
What They're Saying: Highlights from NAR's Housing Affordability Forum
Over 300 government officials, academic experts and industry stakeholders gathered last Thursday in Washington for the National Association of Realtors®’ second annual Policy Forum. Panelists across a half dozen sessions offered perspective on the lack of housing supply, mortgage credit access and the racial homeownership gap.
Mortgage Delinquencies Decrease in Fourth Quarter of 2019
The delinquency rate for mortgage loans on one-to-four unit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019, according to the Mortgage Bankers Association's (MBA) National Delinquency Survey.
Appraisers are Valuable Resource in Property Tax Appeals, Appraisal Institute Says
When appealing their property taxes – which can be among their largest annual expenses – homeowners should consider hiring an experienced local appraiser who can help navigate the process, the nation’s largest professional association of real estate appraisers said today.
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Bill to remove deeds, property titles from county websites defeated
Public information should stay public was the decision Wednesday of the House Local Government Committee as it defeated HB1269, which would have removed deeds and property titles from the websites of registers of deeds.

Mortgage rates as we know them may hang on a single Republican vote
While Waller is non-controversial, Shelton is not. Whether she gets a seat among the group of people who set U.S. monetary policy - influencing mortgage rates - depends on Republicans on the Senate Banking Committee. If there's one "no" vote, she won't be confirmed.

One quarter of Americans don't even know their mortgage rate
Mortgage rates hit a three-year low earlier this week, so is it time to refinance? That's a tough question for one in four homeowners who don't even know what their current rate is.

Mortgage rates across the U.S. have fallen to a three-year low, a boon for house-hunters and homeowners looking to refinance.
Lower rates means homeowners pay less for their house over the life of the loan. So anyone with decent credit shopping for a home is likely getting the cheapest interest rates in years, experts said.

Racist language is still woven into home deeds across America. Erasing it isn't easy, and some don't want to
Now, debate simmers over whether racial covenants should be removed. Some experts warn that hiding the mistakes of the past could stymie efforts to somehow make amends and compensate communities of color that still feel the economic hit of being denied access to lucrative property ladders.

Colorado Federal Court Grants Title Insurer's Summary Judgment Motion, Finds There Is No Coverage for Monetary Set-Off Claim
The United States District Court for the District of Colorado recently granted a title insurance company's motion for summary judgment and found that there was no coverage under a title insurance policy for a neighbor's monetary set-off claim against the insured regarding a disputed strip of property.

First American buying Docutech for $350 million
One of the biggest title insurance companies is about to be one giant step closer to enabling fully digital mortgages, as First American announced Thursday morning that it reached an agreement to buy Docutech for $350 million.

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