Good News For Everyone, AI Can't Close a Real Estate Deal
AI can brighten a room, erase clutter, swap out furniture, even conjure a fireplace that doesn't exist. The use of the technology has become so pervasive in real estate listings that legislators are taking notice-with California and Wisconsin already requiring disclosures-as buyers and renters increasingly discover that what they saw online bears little resemblance to what they find in person.
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Here's the latest sticker shock: Borrowing for a mortgage - or a car
Rate hikes from the Federal Reserve filter through the economy and are meant to slow down consumer and business spending by making people hesitant to take out a more expensive loan to pay for a car or a home - both essential purchases for many people. "If you need to borrow, boy, it's really not a good time," says John Diamond, senior director of the Center for Tax and Budget Policy at the Baker Institute.
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Supreme Court Takes Next Step Toward Resolving National Bank Act Preemption Split, Inviting Solicitor General's Views in Cantero
The Supreme Court yesterday took an important step toward resolving the growing uncertainty over the scope of National Bank Act preemption. In an order issued October 5, the Court invited the Solicitor General to file briefs expressing the views of the United States in three cases involving state laws requiring national banks to pay interest on mortgage escrow accounts: Cantero v. Bank of America, N.A., No. 25-1313; Citizens Bank, N.A. v. Conti, No. 25-1004; and Flagstar Bank, N.A. v. Kivett, No. 25-1350.
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Insurance Executive Killed His Wife, Daughter, Then Himself, NJ Township Police Say
According to LinkedIn, David Grodnick was a title insurance expert. In May 2025, he became senior vice president and underwriting counsel at Land Services USA, LLC, based in Philadelphia, which provides real estate title and settlement services to attorneys, investors, developers, educational institutions, healthcare entities, REITs and commercial lenders. Previously he was with American Title Insurance for 20 years.
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Salt Lake City woman charged with 7 felonies, accused of insurance fraud
A woman has been charged with insurance fraud after her company allegedly failed to pay off multiple clients' mortgages after they sold their homes. Kimberly Mosby, 54, was charged with pattern of unlawful activity, four counts of unlawful dealing of property by a fiduciary worth more than $5,000, and two counts of insurance fraud. All of these are felony charges.
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US title insurance premiums rise 13% in 2025 as growth continues, reports AM Best
AM Best, the credit rating agency and provider of insurance industry research and analysis, has reported continued growth in the US title insurance market, with premiums increasing by 13% in 2025 and further gains recorded during the opening quarter of 2026. The findings come from AM Best's Best's Market Segment Report, US Title Industry Remains Profitable Despite Persistent Housing and Affordability Challenges.
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