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RecordsOnline and Leopard Consulting Group Publish White Paper on What "Real" AI Means in Title -- and Why a Human Examiner Is the Difference
"AI without an examiner in the loop isn't a title product. It's a liability. We built the loop," said Celia C. Flowers, Founder of RecordsOnline and a quadruple board-certified Texas attorney. "A chatbot that occasionally confuses Tuesday's answer with Monday's is fine. A commitment that occasionally hallucinates a release is not. While others jumped into the water without knowing how deep it is, we took the time to understand it — and built AI into a workflow our examiners still own."
Rate Debuts EnTitled, a Refinance Pilot That Saves Borrowers Money at Closing

The pilot uses data and technology to evaluate title-related risk during the mortgage refinancing process. In certain low-risk situations, this allows Rate to skip the lender's title insurance policy,a common closing cost, while still meeting loan quality standards. For eligible borrowers, that can mean savings of up to $2,500 and a smoother closing experience.

“We’re always looking for ways to save our borrowers money,” said Rola Gurrieri, Chief Fulfillment Officer at Rate. “In certain refinancing scenarios, we’re able to remove lender’s title insurance, lowering costs and simplifying the process.”

Second Century Ventures Announces 6 Technology Companies for 2026 REACH Scale-Up Program
For more than a decade, REACH has vetted, selected and accelerated unique technology solutions focused on the U.S. residential real estate sector. This significantly helps real estate agents get to their next transaction, consumers unlock their American Dream and the economy grow. Since 2019, REACH has expanded to include programs serving the commercial sector and global markets, collectively accelerating more than 375 new technologies worldwide.
New Home Sales Down in April on Affordability Concerns
“Although there are still signs of demand, many potential buyers are stepping back because of higher mortgage rates and gas prices,” said Bill Owens, chairman of the National Association of Home Builders (NAHB) and a home builder and remodeler from Worthington, Ohio. “Builders continue to offer a range of sales incentives, but home sales have declined this year because income growth is not keeping pace with housing costs.”
D.A. Bragg Announces Indictment Of 18 Individuals & 3 Companies For Deed Theft Conspiracy
“Eighteen individuals went to extreme lengths to exploit a grieving family by allegedly conspiring to sell the family’s brownstone without their permission and fraudulently obtain a mortgage for profit,” said District Attorney Bragg. “We will prosecute those looking to take advantage of homeowners for personal gain and do not stop investigating until we know the full scope of fraud."
Mortgage Applications Decrease in Latest MBA Weekly Survey
“The 30-year fixed rate has increased 30 basis points over the past five weeks to its highest level since August 2025. With the rate now at 6.65 percent, many borrowers understandably backed away from refinancing last week,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “There were large declines in applications across loan types – conventional refinances were down 14 percent, along with an 18 percent decrease for FHA applications and a 34 percent decrease for VA applications. Overall, refinance applications accounted for 38 percent of applications, the lowest share since June 2025.”
NAHB Publication Offers Remodelers Sneak Peek into Industry Financials
“The new version of this publication offers remodelers the tools to spot trends that improve profitability,” said NAHB Chairman Bill Owens, a Worthington, Ohio-based, remodeler and home builder. “With the wealth of data offered, is a great way to benchmark your financials and learn strategies for success in today’s competitive environment.”
MISMO White Paper Explores How Fee Standardization Reduces Cost and Complexity in Mortgage Lending
“Fee naming has been a longstanding source of friction and cost across the mortgage lifecycle,” said Brian Vieaux, President of MISMO. “By standardizing how consumer‑facing fees are defined and exchanged, MISMO is helping the industry reduce rework, improve transparency, and deliver clearer, more consistent outcomes for borrowers.”
CertifID Launches New Client Experience to Simplify Real Estate Transactions
"We created wire fraud protection for real estate, and now we are making sure that protection is woven into every step of the closing," said Tyler Adams, CEO of CertifID. With 82 percent of consumers already aware that wire fraud is a real threat at closing, the Client Experience was built around an intuitive process that simplifies closing for every party in the transaction, with best-in-class security running seamlessly in the background.
Title Resources Group Appoints Michael Obertone as Regional Underwriting Counsel for Georgia
“Michael brings a depth of firsthand knowledge as both a title agent and Georgia attorney,” said Katie Wise, Deputy Chief Underwriting Counsel at TRG. “He understands what it takes to successfully navigate a transaction from start to finish. His practical and invaluable insight will directly benefit our Georgia agent network and enhance the overall experience of working with TRG.”
Quick Links
Legal Aid challenges all-white North Arkansas settlement 'Return to the Land' in lawsuit
Return to the Land has been building a settlement that promotes racial and ethnical segregation near Ravenden in North Lawrence County. But now, a lawsuit could challenge the settlement's discriminatory application process. "What they're doing is a brazen violation of existing law. It's just no one has sued them or taken any concrete action to stop this from happening," states Kendall Lewellen, the Director of the Fair Housing Project with Legal Aid of Arkansas.

Trial lawyers group opposes DOT in NC Appeals Court easement dispute
"[T]he relief sought by DOT and other amicus petitioners is not properly obtained from this Court, but instead through more careful and precise drafting of the easement language chosen when unilaterally condemning easements from North Carolina property owners," according to the trial lawyers' court filing. The court filing addressed the "public cost" concerns raised by DOT and the energy providers. "Neither of these public policy arguments should deter the Court from holding DOT accountable to pay for all the rights acquired in the easements that it drafted and thrust upon the landowner," NCAJ lawyers wrote.

Housing market won't be affordable for at least 7 years: Report
Even if home prices flatten and interest rates fall, it'll take at least seven years for the housing market to swing back toward affordability, according to a new report from Oxford Economics. The economic advisory firm's latest Housing Affordability Index was measured at 77.9 in the first quarter of 2026. Over the next 10 years, Oxford forecasts three different scenarios for its index based on how home prices and mortgage rates shift.

Addy AI Launches ChatGPT App For Mortgage Pre-Underwriting
"Borrowers are already starting their home-buying journey inside AI," said Michael Vandi, CEO of Addy AI. "The opportunity for lenders is to meet that intent the moment it happens. With Addy AI in ChatGPT, a borrower's first question can become the beginning of a real mortgage workflow, and our AI Agents can help pre-underwrite the loan in 5 minutes."

Mortgage refinance demand drops 18% as rates hit highest level since August
Mortgage rates continued their climb last week, making it harder for current homeowners to save on a refinance. Potential homebuyers also pulled back a bit, causing total mortgage application volume to drop 8.5% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Fraudsters scammed family out of NYC brownstone with forged docs they used to impersonate heirs: DA
A sprawling conspiracy to strip a grieving Harlem family of their brownstone has netted charges against 18 individuals and three companies, Manhattan District Attorney Alvin Bragg announced Thursday - a case prosecutors say unraveled only after years of persistent investigative work into one of the borough's most brazen property fraud schemes. The defendants allegedly forged documents, impersonated heirs, and engineered a fraudulent sale of a West 131st Street brownstone to pocket $1.636 million in mortgage and construction loan proceeds.

Deed Theft Is Surging: How Scammers Use Forgery and AI to Steal Homes in Broad Daylight
Homeowners need to be aware of house title theft, also called deed theft, a type of fraud that threatens an individual's ownership of their home. "Deed theft is rampant in New York City, with criminals illegally scamming people out of their homes in broad daylight," said Christine Clarke, chair and commissioner of the NYC Commission on Human Rights, in a press release announcing the creation of the Mayor's Office of Deed Theft Prevention.


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