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The Title Report Daily News
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First American's outsourcing division takes on REO work
First American Outsourcing and Technology Solutions, a member of The First American Corp. family of companies, now offers what it calls the industry's first combined service package that provides a fixed cost for asset management and disposition as well as property preservation on real estate owned property.
Group opposing N.Y. public option details its argument
The coalition representing legal, real estate and free-market leadership throughout the state of New York provided further details on precisely what its objections are to AB 9441-SB6288, which calls for the State Insurance Fund to begin offering title insurance.
Long-term mortgage rates dip even further below 5 percent
Freddie Mac released the results of its Primary Mortgage Market Survey, in which the 30-year fixed-rate mortgage averaged 4.95 percent for the week ending March 11. For more on how average rates for other loan products fared, go here.
Simplifile partners with mortgage software vendor
Simplifile joined forces with a software vendor in the mortgage loan servicing industry to integrate its lien release and assignment processing software with the Simplifile e-recording system.
RESPA FAQs clarify use of separate settlement providers on HUD-1
The RESPA final rule is now in effect, but just days before its implementation was made official, the Department of Housing and Urban Development made additions to its RESPA frequently asked questions report regarding the vendor lists offered by lenders and how to list on the HUD-1 whether separate settlement providers were used. To read how this issue was cleared up, go here.
Closing.com introduces closing calculator widget
Closing.com is offering a new tool to real estate sites to build good faith estimates with real quotes, bringing transparency to the closing process.
October Research announces staff expansion
Chris Casa, COO of October Research Corp., parent company of The Title Report , announced that a veteran editor has been hired to serve as director of editorial services for the company's publishing division. Read on to learn about him and the company's recent expansion that includes the growth of its seminars division.
Purchase applications remain nearly flat in weekly survey
The Mortgage Bankers Association released its Weekly Mortgage Applications Survey for the week ending March 5, in which the Market Composite Index, a measure of mortgage loan application volume, increased 0.5 percent on a seasonally adjusted basis from one week earlier.
More details on proposed CFPA revealed
After much speculation in the press over the fate of the proposed Consumer Financial Protection Agency, the leaders of both Congressional committees tasked with marking up the legislation that would create it have spoken out about their goals moving forward. This comes after word leaked out that under the Senate bill, the CFPA would be housed in the Federal Reserve.
Advantage Title launches online rate calculator
Advantage Title introduced its new GFEz RESPA-compliant online rate calculator. For more on the features it will provide to lenders, go here.
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Daily Headlines from Real Estate Technology News
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JV workshop in Ohio nears sell out; limited seating available.
Steve Cohen , former CFO of Merrill Lynch Credit Corporation, will be leading the financial training in all the cities where the workshops take place. Joining Cohen for the last workshop scheduled in this educational series will be Jeffrey Arouh , Partner, Holland & Knight LLP; Sean Hayes from Stewart Guaranty Title Company; Joe Casa , Founder and Publisher of The Title Report; and Dwayne Waite , President and CTO of Y-Waite Solutions.
Old Republic declares cash dividend
Old Republic has paid cash dividends on its common shares for each of the past 65 years without interruption.
New-home sales hit slowest pace since 1991
The chief economist for the National Association of Home Builders said November’s report shows that the more government intervention in the form of enhanced home buyer tax credits and mortgage-rate buy-downs are needed to revive consumer confidence.
Credit reporting system hinders borrowers, top FHA/VA originator says
The top producer of FHA/VA loans said 45 percent of the loan applications he received from June to September had borrowers with at least one medical collection account.
Refis surpass 80 percent of all mortgage activity
Near record low mortgage rates spurred a 62 percent spike in refinance activity, while purchase applications increased 10 percent.
Wolters Kluwer integrates document compliance platform with LOS
The company’s Document Services Platform has been integrated with MortgageDashboard’s loan origination system to help lenders generate standard and customized closing and initial disclosure documents.
LOS integration with DocMagic streamlines document production
Avista Solutions has integrated its Agile LOS with the loan document solution produced by Document Systems, streamlining the loan document production process and giving lenders access to e-disclosure and e-sign technology.
Mortgagebot: Lenders managing refi rise with online origination software
Read on to see how online point-of-sale mortgage origination systems are helping lenders handle rising refi volume and consumers shop and apply for loans.
MortgageFlex customers gain access to mortgage insurance providers
Lenders that use MortgageFlex System’s loan origination system can now choose their own mortgage insurance provider. The system can interface with any vender that supports the MISMO XML format, so lenders are not locked into using a single MI vendor.
October Research retains True Impact Communications
October Research Corp., publisher of The Title Report, RESPANews.com and The Legal Description , and presenter of the 2009 National Compliance Summit, has retained the services of Brian Rieger, principal with True Impact Communications.
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Daily Headlines from Mortgage Law Central
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Daily Headlines from Valuation Review
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Utah-based AMC rebrands itself
A Utah-based appraisal management company has consolidated all its management, technology and compliance services under one name. Find out which company has repositioned itself here.
Freddie Mac is using AVM for review appraisals
The mortgage giant Freddie Mac is using its automated valuation model to help lenders review appraisals, but it is not intended to replace appraisals. Find out more here.
DartAppraisal.com integrates with FLDI
The appraisal management company DartAppraisal.com has integrated with First Lender’s Data Inc. to provide appraisal ordering services on the lender’s platform. Read on for what the companies said about the integration.
Purchase applications remain flat in weekly survey
The Mortgage Bankers Association released its Weekly Mortgage Applications Survey for the week ending March 5, in which the Market Composite Index, a measure of mortgage loan application volume, increased 0.5 percent on a seasonally adjusted basis from one week earlier.
October Research Corp. announces staff expansion
The parent company of Valuation Review has announced the hiring of a new editorial director. Find out more here.
a la mode releases TOTAL 2010
The appraisal technology provider a la mode has released the sixth generation of its appraisal forms software, TOTAL 2010. Find out the new features and its price point here.
Reverse mortgage fraud ring used inflated appraisals
Three members of a mortgage fraud ring that used inflated appraisals for reverse mortgages have been charged by a federal grand jury in Georgia for conspiracy to commit financial institution fraud. Read on to find out what role the falsified appraisals had to play in the scheme.
Fed may house proposed Consumer Financial Protection Agency
A bill that would overhaul the nation’s entire financial regulatory framework is another step closer to being considered in the U.S. Senate. Held up by disagreements over the inclusion of a new Consumer Financial Protection Agency, Sen. Christopher Dodd, D-Conn., is working on a compromise to get the bill heard in committee and eventually passed. Read on for the latest.
New Mexico governor signs AMC bill into law
The governor of New Mexico has signed SB 138, the legislation that regulates appraisal management companies, into law. Read on for the requirements for companies looking to operate in that state.
Mortgage apps rebound with rates back below 5 percent
The Mortgage Bankers Association released its Weekly Mortgage Applications Survey for the week ending Feb. 26, showing the Market Composite Index, a measure of mortgage loan application volume, increased 14.6 percent on a seasonally adjusted basis from one week earlier.
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The Legal Description News
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Court hears underwriter's appeal in coverage dispute
An underwriter had appealed a trial court’s decision in a homeowner’s suit over the coverage of a claim under his title policy after he discovered that an easement included in his deed belonged to an adjoining lot owner.
Minn. closing agents could have new licensing requirements
Under a bill proposed in the Minnesota legislature, real estate closing agents in the state would be required to be licensed by the commissioner of commerce.
Ohio legislators seek to prohibit transfer fee covenants
If passed, a bill introduced in the Ohio House would prohibit the attaching of transfer fee covenants to deeds in certain real estate transactions. Read on for the details.
Wisconsin Supreme Court moves forward with new UPL rule
The Wisconsin Supreme Court has unanimously voted to adopt in principle a draft version of a State Bar of Wisconsin petition regarding the unauthorized practice of law. Read on to find out what the state may soon consider the practice of law.
Maryland commission outlines improvements for title insurance regulation
The Commission to Study the Title Insurance Industry in Maryland released its report outlining several recommendations for improving the oversight of the title insurance industry. What did they recommend? Read on to find out.
Title agent pleads guilty to role in bank fraud
A title agent for a New York title agency pled guilty to submitting false documents in connection with a scheme to induce the former First Union National Bank of Delaware to finance the sale of Capital Region residential properties. Read on for more details.
Coalition outlines opposition to public title insurance legislation
The New York Taxpayers for Economic Justice, Inc., representing a broad coalition of legal, real estate and free market leadership throughout New York State, outlined their opposition to AB 9441-SB 6288, a bill in the New York State Legislature which directs the State Insurance Fund to begin offering title insurance, a class of insurance vastly different from the type of workers' compensation insurance for which the Fund was statutorily created.
NAIC plans out elements of agent data call
During the latest conference call of the NAIC Title Statistical Plan Working Group, NAIC members and interested parties outlined some of the possible elements to be included in a title agent data call. Read on to find out what elements they are considering.
Committee leaders speak out about goals for CFPA
After much speculation in the press over the fate of the proposed Consumer Financial Protection Agency, the leaders of both Congressional committees tasked with marking up the legislation that would create such an agency have spoken out about their goals moving forward. This comes after word leaked out that under the Senate bill, the CFPA would be housed in the Federal Reserve.
La. bill seeks disclosure of buyer’s right to choose
A bill under consideration by the Louisiana legislature, if passed would require mortgage originators to provide consumers with written disclosure of their right to choose a title company or attorney upon being approved for a mortgage.
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Real Estate related news
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Outstanding Real Estate Professional Receives An Exceptional Appraisal From Stanford Who's Who
Richard Epes Mcmurran has been recognized by Stanford Who's Who for his spectacular work in the Real Estate Industry.
Daniel Milstein of Gold Star Mortgage Elected to Cleary University Board of Trustees
Daniel Milstein, founder and CEO of Gold Star Mortgage Financial Group, joined Cleary University for a three-year term on their Board of Trustees.
The Holiday Home is Back
According to holiday rental company HomeAway, only a few hundred Brits bought an overseas home in 2009 - a drop of 80% on the previous year. So what did this select group buy? The answer is a holiday home - relief, normal service has been resumed.
Richland Commercial Mortgage Secures $1.5 Million Real Estate Land Loan
For Third Party Grassmere Business Center, LLC
Chicago Historic Landmark Home Listed by Dream Town Realty
Dream Town Realty is the listing company for an historic Prairie-style home designed by Frank Lloyd Wright colleague John Van Bergen. The 4-bedroom house is a Chicago Landmark and is now up for sale.
Custom IDX Broker's Intricate Search Details Separate Realtor Andrea Zupancich's Website from her Competitors
IDX Broker uses its custom IDX solution to create a sense of ease and efficiency for consumers executing their real estate search online.
Buffalo Range Ranch is a slice of Montana Ranch Land in Big Sky Country
Welcome to Buffalo Range Ranch which is Montana land located in easily accessible, beautiful Hot Springs, Montana, northwest of Missoula! If Big Sky and Montana Ranch are terms that thrill your heart, you may have a Montana Buffalo Ranch of your own.
RETS Associates Places VP, Asset Management for Regency Centers Corporation
RETS Associates, previously known as Real Estate Talent Solutions, announces the placement of Heather Randall as Vice President, Asset Management for Regency Centers Corporation (NYSE: REG).
Lynx Systems Inc. Introduces the Dream Team for Yardi Software and Intuit MRI Users
The Lynx Dream Team includes experienced professionals who can meet property management software and IT support needs. The Dream Team will allow clients the flexibility to use our professionals at intervals that suit their requirements and budget.
Bruntwood Attract First Customer to St Hugh's in Bootle
Bruntwood has announced its first customer to take office space at its property in St Hugh's, Bootle.
Bruntwood Welcomes New Years Lettings
Bruntwood has announced a busy start to 2010, following four new lettings in Liverpool's commercial district.
Extraordinary Real Estate Professional Is Part Of The Landscape Of Stanford Who's Who
Richard W. Whitehouse has earned the recognition of Stanford Who's Who as a result of his spectacular work in the Real Estate Industry.
Voting Now Open for 2010 Design & Remodeling Industry Blogger Awards
Voting begins for 2010 JDR Industry Blogger Awards. Vote for your favorite blog in three categories: Interior Design, Construction Business and Remodeling. Winner announced April 15, 2010.
Comfort cooled office space is brought to Waterloo area as long awaited recently refurbished warehouse conversion becomes available on Leake St, SE1
MERJS, a leading London commercial property agency, announces that a comfort cooled office space in a recently refurbished converted warehouse has become available in highly sought after Waterloo area
Connecticut Real Estate Investors Association (CT REIA) Announces March 15, 2010 Monthly Meeting With Nyrik And Linda Huuskonen
On March 15, 2010, the Connecticut Real Estate Investors Association, or CT REIA, will be hosting its monthly meeting with Nyrik and Linda Huuskonen. They will teach how to buy houses for less than the price of a car at tax auctions.
Avanta really is a great place to work
Avanta Managed Offices has proven to be a great place to work according to the Sunday Times newspaper, which has ranked the company as one of the 100 Best Small Company to Work For in its 2010 awards
Local MLS Listing Information is Displayed Directly onto Realtor Hana Melton's Site with the Help of Custom IDX Software
IDX Broker uses its custom IDX solution to speed up and simplify the online property search process, saving both real estate professionals and their clients time and hassle.
Ropers Majeski's Brock Lyle Appointed President of San Mateo County Bar Association's Barristers
Ropers Majeski Kohn & Bentley's Brock Lyle has been elected to a one-year term as president of the San Mateo County Bar Association's (SMCBA) Barristers, an organization of more than 300 new lawyers committed to professional growth, community service and serving as advocates for its members.
Arbor Trace Community Continues to Attract Seniors
The continued popularity in the concept of resident ownership has fueled sales of active adult condominiums throughout these uncertain times
Bruntwood Begins 2010 with Office Lettings in Leeds
Bruntwood has announced six new additions to its Leeds city centre office portfolio, a total of 22,598 sq ft of office space.
Sensational Real Estate Professional Is Right At Home With Stanford Who's Who
Stanford Who's Who welcomes Nadia Butcher to the ranks of premier professionals due to her phenomenal work in the Real Estate Industry.
Premier Atlanta Home Remodeling Firm Selects Preferred Interior Design Studio
Kevin Buckley Builders, an Atlanta home remodeling and building firm, announces the selection of Ryan Morgan, co-owner of Maison Design Studio, as their preferred designer.
Real Estate Industry Gets Professional
Fine and Country Real Estate offers the finest array of residences, estates and commercial developments in South Africa. Our experienced property agents will exact thorough professionalism as they assist you with your property search.
Now is the Time to Invest in Property
The Rawson Property Group is a nationwide brokerage offering committed and professional service. If you want to invest in a property in South Africa, this seems like an excellent time to purchase.
Long Island Landscaping Company, Longo's Landscaping Provides Long Islanders with Affordable Patio & Poolscape Construction!
Masonry and Landscape Contractors on Long Island, Longo's Landscaping is preparing their customers for the upcoming summer holidays: Memorial Day & the 4th of July
Pardee Homes' Trail Ridge the "Right Fit" for Las Vegas Family
Marlon and Nichole Young choose a new home built by Pardee Homes after their original search of foreclosured homes left them empty handed. They found a home at Pardee's Trail Ridge in Las Vegas that matched their needs and included new appliances.
Long Island Plumbers, Abstract Mechanical Provides Valuable Plumbing Tips
Long Island Plumbing Company, Abstract Mechanical gives tips to new and excising homeowners about Plumbing, Heating & Air Conditioning.
CT Real Estate Investors Association (CTREIA) Announces Quarterly Fairfield County REIA Meeting
On March 11, 2010, the Connecticut Real Estate Investors Association (CTREIA) is sponsoring the first quarterly meeting of the Fairfield County Real Estate Investors Association in Norwalk, CT.
Lennar's Hewitts Landing Phase One Already More Than 70 Percent Sold
Don't Miss Out On The Last Opportunity To Take Advantage Of Pre-Construction Pricing At Homebuilder's Waterfront Community in Hingham, Massachusetts
Home Seekers Find the Property of their Dreams with the Help of the Highly Customizable IDX Broker Software
IDX Broker uses its custom IDX solution to create a sense of ease and efficiency for potential home buyers executing their real estate search online.
Nova Scotia Real Estate a Tempting Prospect for Europeans
Nova Scotia Real Estate a Tempting Prospect for Europeans. "Many of our Nova Scotia real estate clients are from places like the UK, Germany, the Netherlands and Central America."
Palm Beach Florida Office Space Broker Offers Simplified Real Estate Solutions
Licensed South Florida broker Ed Kearney
New Home Model a Must-see for Indianapolis Homebuyers
For the busy family with varied needs, Ryland has created a spacious new floor plan designed both for convenience and together time.
MERJS, a leading London commercial property agency, announces availability of first floor NW1 office space located on Euston Road
Commercial property agency MERJS has announced that they are acting as sole agents on behalf of the landlord of a newly available NW1 office accommodation in Cambridge House, Euston Road.
Top Cedar Park and Leander Realtor Rocky Breon Offers Leasing Services To Landlords in a Struggling Economy
As homeowners look for creative ways to pay their mortgage, Cedar Park, Leander-based Realtor Rocky Breon offers advice to those looking to rent out their homes.
Kingwood Homeowners Association (HOA) Board Members Enlist for First-Ever AMI-Kingwood HOA Boot Camp
Association Management Inc. (AMI) - Kingwood will sponsor its first-ever AMI Boot Camp on HOA board members' roles and responsibilities Thurs., Mar. 25, 7 p.m. at Deerwood Country Club, with David Regenbaum as the instructor.
The Impact of Foreclosures in Milwaukee
Foreclosure rates continue rising in the Milwaukee area, leading to increased crime, lower property values and decrease city revenues. However, new alternatives are available.
Changes May Be Coming to Massachusetts Snow and Ice Rule
In early February, the Massachusetts Supreme Judicial Court heard oral arguments in a case challenging the existing rule regarding property owner liability for injuries caused by snow and ice.
World Cup Will Showcase SA Property to New Buyers
Galetti Commercial and Industrial aim to provide a full service property management solution when you are looking to invest in a new property purchase. As South Africa prepares for the FIFA World Cup, tourists and investors may find themselves acquiring the perfect property.
CT REIA Announces The Apartment Owners Association Of Connecticut March 2010 Meeting
On March 10, 2010, the Apartment Owners Association of Connecticut will be hosting its quarterly meeting with CPA Ted Lanzaro, Tom Ackman of Cardinal Home Inspection, and George Chiodo of Surface Creation.
An IDX Broker Addition is Used to Increase Efficiency for Consumers Preforming their Real Estate Search Online
Easy-to-navigate IDX search tools speed up and simplify the online property search experience for both real estate professionals and their clients.
Award-winning Chicago Real Estate Agent Joins Dream Town Realty
Dream Town Realty is proud to welcome Chicago-area real estate agent Suzy Grossman to the company. Ms. Grossman is a longtime realtor who has received several professional awards. She joined the company last month as a residential specialist.
North Central Massachusetts Real Estate Company, Geronimo Properties, Launches New Website
Leading North Central Massachusetts commercial real estate firm, Geronimo Properties, has launched a new website enabling business people to locate, research, lease, or buy property throughout the area.
Exceptional Real Estate Professional Is Listed Among The Distinguished Ranks Of Stanford Who's Who
Stanford Who's Who welcomes Thanh Van Do to the ranks of premier professionals due to her spectacular work in the Real Estate Industry.
Trumark Homes Picks Roxburgh To Market New Home Communities in Upland and Granada Hills
Award-Winning Agency Zeroes in On Trumark's Commitments to Neighborhood and Community for Campaigns Rich With Social Media Networking
Dahlin Group Architecture Planning Takes New Honors for Active Adult Residential Design In 50+ Housing Council's 15th Annual SAGE Awards
Magnolia Courts Revitalizes Its Infill Location With Condos, Fitness and Clubhouse Amenities and Proximity to Shopping and Services in Downtown La Verne, California
Outstanding Real Estate Professional Earns A Piece Of Property With Stanford Who's Who
Stanford Who's Who welcomes Elizabeth Ault to the ranks of premier professionals as a result of her sensational work in the Real Estate Industry.
Custom IDX Search Tools Simplify and Speed Up the Online Real Estate Search Process for Consumers
User-friendly IDX Broker software creates a sense of ease and efficiency for home seekers preforming their real estate search online.
Alta West Mortgage COO Dave McKitrick nominated for "Alternative Lending Broker of the Year"
The Canadian Mortgage Awards announce Dave McKitrick as nominee for award
Brighten Up Spring with Natural Light and Color - New, More Stylish Glass Blocks Offer Lower Bills, Higher Security and Extra Flare
Columbus Glass Block features a variety of colored, etched and energy efficient options that provide increased security while adding an intriguing designer touch.
Lawsuit Settled - 77 Foot Cross To Be Raised In Kerrville Overlooking IH-10
The Coming King Foundation (TCKF), a Texas nonprofit reached a settlement Monday with Mesa Vista landowners, settling a 15-month property dispute allowing TCKF to build a first class Sculpture Prayer Garden with a 77-foot cross on the TCKF's lot.
Leading London commercial property agency MERJS announces successful let of Islington Green N1 office accommodation to Film Club
MERJS commercial property agency has announced the successful let of 1497 sq ft of excellent N1 office space in Islington Green to Film Club
An IDX Broker Addition Enables Home Seekers to Customize and Detail their Searches to Best Fit Their Wants and Needs
IDX Broker uses its custom IDX solution to create the most simplistic and user-friendly real estate search on the web.
Dream Town Chicago Real Estate Listing in Margate Park Open House Tour
Dream Town Realty joins several Chicago real estate companies for a neighborhood-wide open house tour in Margate Park. Over 30 homes for sale will be open to the public for the event, which runs from noon to 4pm on Sunday, March 7th.
Hot Design Trends for 2010: What's In and What's Out? Jackson Design & Remodeling's Award-Winning Design Team Shares this Year's Hottest Trends in Home Design
What are the hot new home design trends for 2010? From the new "in" colors Turquoise and Gray to gold fixtures and natural stone, Jackson Design and Remodeling's award-winning design team shares this year's hottest trends.
Corporate Finance & Treasury Expert Adds Depth and Prestige to Executive Team at DMR Global
Lori Tricarico brings extensive Finance, Treasury & Implementation expertise to DMR Global Recruiting. Her addition enables nationally renowned career experts Ron Daratany, Pres, & Emily Maynard, Partner, to provide an even greater level of recruiting aptitude to their diverse client base.
Affluent Home Owners Go Green in 2010
It will not be long before South Africans realise the inevitability of Eskom tariff increases, as they begin to search for cost-effective and renewable energy solutions elsewhere. MLT Drives has developed effective sources to alternative energy that are sure to have home owners switching to green.
Long Island Pool Company, Blue Ribbon Pools Helps to Increase Property Value with Quality Pools
Long Island Pool Contractors, Blue Ribbon Pools is providing homeowners with top-of-the-lone new pool installation services at competitive prices.
The Real Estate Investment Manager BATO Group launches a new investment strategy on the Berlin residential property market
In 2010 BATO Group has decided to implement a new investment strategy on the Berlin residential market. Why and how explains Andrea Barbato, the founder and Managing Director of this company.
Local MLS Listings are Displayed Directly onto Realtor Shirley Smith's Website with a Custom IDX Integration
IDX Broker uses its custom IDX solution to create a sense of ease and efficiency for consumers executing their real estate search online.
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