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Realtors® Report Value in Promoting Green Features in Both Residential and Commercial Listings
With Earth Day right around the corner, members of the National Association of Realtors® are doubling down on their commitment to promote environmentally friendly home features, adopt green business practices and encourage a culture of sustainability in real estate. With this in mind, NAR is releasing the REALTORS® and Sustainability 2019 Report, which found that consumer demand in real estate continues to trend eco-friendly.
Michigan-Based Liberty Title Deploys SafeWire to Protect Against Wire Fraud
SafeChain, the industry leader in wire fraud prevention software and blockchain implementation for land title, announced today that Liberty Title, the fourth largest independent title company in Michigan, has selected SafeWire™ to safeguard wiring instructions as part of the firm’s “Umbrella by Liberty Title” program.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 19, 2019.
AccuSearch Company
Affordability in the Top 10 Most Popular Markets for Millennials, According to NAR
A wide range of factors contribute to why millennials decide to move to certain areas, remain for an extended period or choose to relocate shortly after their arrival. Job market and affordability in the given location are two of the main reasons that impact millennials the most, according to the National Association of Realtors®' 2019 report, "Most Popular Areas for Millennials: where they move and stay."
Lower Interest Rates Help Boost March New Home Sales
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 692,000 units in March after a slightly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Exterior Home Renovations Offer Greatest Value: Appraisal Institute
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to focus on outdoor improvement projects when seeking to improve their home’s value.
SafeChain announces founding title partners in P2P blockchain network
SafeChain, in partnership with 9 independent title agents in Ohio, has launched a blockchain-backed network that enables peer-to-peer transfers of prior title insurance policies to streamline the title search process and drive down costs for member agencies.
Existing-Home Sales Slide 4.9% in March
Existing-home sales retreated in March, following February’s surge of sales, according to the National Association of Realtors®. Each of the four major U.S. regions saw a drop-off in sales, with the Midwest enduring the largest decline last month.
Attorney Sentenced For His Role In Mortgage Fraud Scheme
U.S. Attorney James P. Kennedy, Jr. announced today that Laurence Savedoff, Esq., 44, of New City, NY, who was convicted of misprision of a felony, was sentenced to serve four months in prison by Chief U.S. District Court Judge Frank P. Geraci, Jr.
SafeChain Partners with Adeptive to Provide Fraud- Free Closings for ResWare Customers
SafeChain, an industry leader in wire fraud prevention software and blockchain applications for land title, announced today that Adeptive Software has integrated SafeWire into ResWare, Adeptive’s powerful title and escrow production software.
Quick Links
2019's Housing Market Is Likely to Be Stronger Than We Thought-Here's Why
Despite a real estate slowdown gripping the nation, this year's housing market is expected to be busier than realtor.com® economists originally predicted late last year. That means more home sales-and higher prices-are on the way.

Ohio Home Sales Plummet, Akron to Continue Great Streets Initiative
Ohio home sales plummeted last month, down nearly 7% compared to a year ago. The data from the Ohio Association of Realtors shows that although sales went down, the average sale price has climbed to $177,000.

Sefa pleads guilty in mortgage foreclosure scam
Admits involvement in scheme in which he stole thousands of dollars from residents statewide.

Quicken Loans will now let Vrbo hosts use rental income to refinance their mortgage
A little over a year ago, Airbnb partnered with some of the nation's largest mortgage players, including Fannie Mae and Quicken Loans, to allow hosts using the short-term rental platform to use income from their rentals to refinance their mortgage.

This lender plans to underwrite $1B in mortgages with no income, no asset verification
Austin, Texas-based 360 Mortgage Group just revealed that it will conduct a pilot program to test the viability of no-income, no-asset mortgage loans by originating up to $1 billion of them to finance investor-owned homes.

Bank shot: CEO returns to his roots with strategic acquisition
When your holding company includes firms that specialize in property sales, management and investment; title and escrow services; and insurance policies, there's just one thing left to do: buy a bank.

Risky business: Marijuana dispensaries present high risk, high reward for landlords, panelists say
Landlords who rake in rents from medical marijuana dispensaries may put their commercial bank accounts and title insurance at risk, according to cannabis real estate experts.

Mortgage rates tick up, but applications still hit a 9-year high
Rates for home loans rose as economic indicators strengthened, mortgage guarantor Freddie Mac reported Thursday.

Same-sex borrowers 73 percent more likely to be denied mortgage, study finds
Despite being "less risky overall," same-sex borrowers are less likely to get a mortgage. When they are approved, they face higher interest.


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Removing Standard Exceptions Leaves Agent Liable for Full Amount of Claim
Source of Title Blog
2019/02/03
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TITLE ABSTRACTORS NEEDED NOW!
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Busy title abstracting company needs experienced independent abstractors for Connecticut, Massachusetts, Rhode Island, Vermont and Florida. Please email your fees, coverage areas and brief resume to moll648@aol.com....[more info]

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