Fed holds interest rates steady and hints at future rate hike
"President Trump chose Warsh for the job in hopes he would slash interest rates. But with a wartime spike in energy prices, pushing inflation above 4%, rate cuts seem unlikely anytime soon. In fact, Fed policymakers signaled their next move is likely to be a rate increase. Financial markets didn't much like that message. The Dow Jones Industrial Average fell more than 500 points yesterday. But Warsh insists he and his Fed colleagues are determined to bring stubborn inflation under control."
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Select Language Blockchain and AI Can Help Real Estate: They Can't Replace Human Judgement
America's real estate market benefits from innovation. Anyone who works in housing should welcome tools that make transactions faster, more efficient and more secure. Artificial intelligence, blockchain, digital identity verification and automation all have a role to play in modernizing real estate and helping transactions serve consumers properly and safely. But innovation should not be confused with elimination. Technology can improve the title process. It cannot replace the professional judgment, local knowledge and accountability required to protect property rights.
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Inside Mark Nussbaum, Riverside’s alleged fraudulent flip business
For years, title company Riverside and law firm Nussbaum Lowinger have been dogged by rumors of mortgage fraud. Now, a sweeping lawsuit claims the firms orchestrated a years-long scheme involving dozens of fraudulent real estate transactions, misappropriated escrow funds and concealed kickbacks through charitable donations.
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What Arizona's data center boom means for CRE and title insurance
As project sizes grow, so do transaction values. The amount of title insurance required for large data center developments often exceeds the underwriting limits many title insurers are willing to retain independently. As a result, co-insurance has become increasingly common. It is where multiple title insurance companies share liability under a single policy. In data center real estate, co-insurance refers to the practice of combining a title insurance policy with other insurance layers, such as property, liability or business interruption, to share risk and cost.
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Bed Bath & Beyond Is Buying A Mortgage Company
Bed Bath & Beyond is best known for helping consumers outfit their homes. Now, the company is making a bigger bet on helping them buy and finance them. The retailer announced plans to acquire Fathom Holdings Inc., a technology-driven real estate services platform with operations spanning residential brokerage, mortgage, title, insurance, and software.
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