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Posted Date: Monday, April 15, 2024
Several associations, including the American Land Title Association and Mortgage Bankers Association, wrote to the chairs and ranking members of the House Committee on Ways and Means and Senate Committee on Finance to express their support for preserving the like-kind exchange rules under Internal Revenue Code Section 1031.
Industry News
Posted Date: Wednesday, April 10, 2024
The Mortgage Bankers Association wrote to Federal Housing Finance Agency (FHFA) Director Sandra Thompson to voice its concerns regarding the FHFA’s title acceptance pilot.
Industry News
Posted Date: Monday, April 1, 2024
The American Bankers Association and the U.S. Postal Inspection Service announced a new joint effort to combat check fraud designed to educate postal workers and bank customers about check fraud and training bank employees and postal workers on red flags of check fraud.
Industry News
Posted Date: Monday, March 25, 2024
October Research CEO and Publisher Erica Meyer and Chief Knowledge Officer Mary Schuster were invited to speak to the National Association of Insurance Commissioners Title Insurance Task Force about the daily challenges faced by title insurers.
Schuster shared some of the specifics of the presentation. Read on for more.
Industry News
Posted Date: Wednesday, March 20, 2024
Several members of Congress have voiced “serious concerns” with the Federal Housing Finance Agency’s announcement of a new Title Acceptance Pilot which would waive the requirement for lender’s title insurance on certain refinances.
Industry News
Posted Date: Monday, March 4, 2024
A lot has happened in several states to curb the use of unfair real estate fee agreements and prevent businesses like Florida-based real estate brokerage MV Realty from conducting business they feel prey on homeowners.
Industry News
Posted Date: Wednesday, February 21, 2024
Alameda County, Calif., District Attorney Pamela Price’s Consumer Justice Bureau launched the Real Estate Fraud Notification Program.
Industry News
Posted Date: Wednesday, December 6, 2023
The Community Home Lenders of America wrote to Federal Housing Finance Agency Director Sandra Thompson voicing its support of the use of attorney opinion letters in lieu of title insurance in conjunction with enterprise mortgage loans, subject to reasonable standards.
Industry News
Posted Date: Wednesday, November 15, 2023
Several organizations, including the Mortgage Bankers Association, National Association of Realtors and National Housing Conference, urged congressional leadership to support the ability to pursue the American dream of property ownership and access to quality, rental housing by extending the authority of the National Flood Insurance Program and ensuring other vital housing programs do not lapse on Nov. 17.
Industry News
Posted Date: Monday, October 16, 2023
FundingShield’s third quarter fraud analytics shows that wire and title fraud remain high in 2023, with 49.2 percent of loans having at least one risk issue in the third quarter of 2023.
Industry News, The Blotter