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The Title Report Daily News
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Purchases inch up as refis fall in weekly survey
The Purchase Index in the Mortgage Bankers Association's Weekly Mortgage Applications Survey was the highest it's been since the uptick seen in June thanks to the federal homebuyer tax credit initiative. However, despite interest rates remaining incredibly low, refinances didn't fare as well over the week of July 23.
State revokes record number of real estate licenses in Calif.
With disciplinary actions on the rise by 60 percent over the past three years, the California Department of Real Estate revoked a record number of real estate licenses in the fiscal year ended June 30. Read on for details.
Colo. title agency adds two to business development staff
A Colorado-based title and escrow services agency brought on a manager of business development and business development specialist. Read on for details on the new hires.
Administration seeks public input on future of Fannie, Freddie
Over the course of the next few months, the Obama administration intends to gather insight from a broad cross-section of Americans on the future of the nation's housing finance system, beginning with a conference on the topic to be held in Washington , D.C.
LPS reports Q2 earnings uptick
Despite difficult market conditions, Lender Processing Services Inc. reported a strong second quarter as leaders projected the company is well-positioned for the remainder of 2010 and into 2011. Read on for more details of the technology and service provider's quarterly report.
Administration ramps up HAMP outreach
The U.S. Department of the Treasury and U.S. Department of Housing and Urban Development have teamed up with the Advertising Council to encourage struggling homeowners to explore assistance under the Home Affordable Modification Program.
First American default services names SVPs
A senior vice president of the Trustee Servicing Solutions division and senior vice president of the Western State Trustee Sale Guarantee division were appointed at First American National Default Title Services, a division of First American Title Insurance Co. Read on for the details.
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.
National underwriter grows agency operations, hires director
EnTitle Insurance Co. is expanding its agency operations and hired an industry veteran to oversee the process as national agency director. Read on for more.
TSS offers cloud computing solution
Requiring only a reliable Internet connection for users to be able to work from anywhere at anytime, TSS's TitleSphere Web-based solution also allows subscription-based pricing, reduced IT and network operating costs and real-time updates and technical support.
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Daily Headlines from Real Estate Technology News
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Daily Headlines from Mortgage Law Central
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Daily Headlines from Valuation Review
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FHA inviting comment on risk proposal
The Department of Housing and Urban Development introduced policy changes intended to reduce the risk of loans insured by the Federal Housing Administration and is inviting public comment. Read on to find out how certain credit scores will qualify under the proposal.
FHA seeks public comment on risk mitigation efforts
Three new efforts were proposed to help the Federal Housing Administration strengthen its capital reserves while continuing to provide access to homeownership, including updating its required minimum credit score and down-payment requirements. Read on for details regarding how to issue comments on the moves.
October Research launches online video initiative
October Research Corp.’s new online video initiative will feature interviews with industry experts, innovators and thought leaders in the settlement services industry. Read on for details.
Integra Realty Resources expands, relocates Los Angeles office
Independent commercial real estate valuation and consulting firm Integra Realty Resources Inc. moved its Los Angeles office into a new 4,100-square-foot building in the San Fernando Valley of California to accommodate its expansion plans. The move corresponds with the hiring of a new principal in the firm; a senior analyst; and an analyst. Read on to find out more.
Home sales dip; market swings predicted
According to the National Association of Realtors (NAR), existing-home sales slowed in June but are higher than last year at this time. NAR said the market shows uncharacteristic yet understandable swings. Read on for more.
Mixed signals from latest housing starts report
June statistics from the Commerce Department indicate that appraisers will have fewer homes to appraise up the road, but p rivately owned housing completions, single-family housing completions and building permits tell a different story. Read on for more.
Coester CEO to produce educational materials for lenders
Brian Coester, CEO of the Coester Appraisal Group AMC, was tapped by AllRegs, the mortgage lending industry information provider, to create a range of educational materials for educating lenders on how to protect themselves against repurchase requests based on erroneous assessments of the loan file’s appraisal.
Shadow inventory continues to loom
Inside Lender Processing Services’ May Mortgage Monitor Report, data shows that loans between 30-days delinquent and foreclosure continue to increase and reached an all-time high. For more details from the report, read on.
StreetLinks adjusts warranty to comply with Fannie Mae’s new policies
StreetLinks adjusted its warranty to comply with Fannie Mae’s new policies on appraisals. The new warranty takes into account appraiser competency as well as appraisal quality. Read on to find out more.
Pending sales slump as expected
Following a surge driven by federal homebuyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the National Association of Realtors.
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The Legal Description News
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Ga. attorney convicted of mortgage fraud
A jury convicted a Georgia attorney of conducting a mortgage fraud scheme, selling property in Swainsboro, Ga. to a straw purchaser, acting as the closing attorney in the scheme.
Hawaii Governor names new insurance commissioner
A veteran of the Hawaii State Insurance Division has been tapped to lead the division as insurance commissioner. Read on for more details.
New Jersey court dismisses antitrust suit
A federal court in New Jersey dismissed a lawsuit against several national underwriters and the New Jersey Land Title Insurance Rating Bureau, finding that the McCarran-Ferguson Act and state statutes bar the plaintiff homeowners’ federal and state antitrust claims.
New Mexico Public Regulation Commission appoints new insurance superintendent
By a vote of 4-1, the New Mexico Public Regulation Commission appointed a replacement for Morris Chavez, who resigned the position in May.
A look at the new wave of mortgage fraud: short sale fraud
Everyone in the industry needs to protect themselves, their businesses, their customers and consumers from being victims of mortgage fraud, learning how to spot the new scams that are emerging. The Legal Description helps you do that by featuring a new fraud scheme every week. In the last of a 12-week series on emerging mortgage scams, we focus on short sale fraud.
L.A. Bar names Outstanding Real Estate Attorney award winner
The Real Property Section of the Los Angeles County Bar Association named its 2010 Outstanding Real Estate Lawyer Award winner during its 12th annual Installation and Awards Dinner. For more information about the award recipient, and who attended the dinner, read on.
Washington adopts new rate filing regulations
The state of Washington has adopted a new regulation that sets forth new rate filing requirements for insurers in the state. In addition, the regulation sets forth data collection efforts that underwriters must collect from their agents in order to make their rate filings. Read on for more details.
October Research Corp. launches online video initiative
In a move to enhance the market presence of its media products to better meet the needs of its readers, October Research Corp. launched an online video initiative that will provide immediate access to insights shared by industry thought-leaders.
Judge reverses decision in lis pendens case
The North Carolina Court of Appeals reversed the decision of a lower court in a case in which the plaintiff had filed a notice of lis pendens in a dispute over property and the defendant had deeded the property to another party while the case was underway. When the third party didn’t honor the order by the court, the plaintiff filed suit to quiet title to the property.
Lawyer disciplined for allowing non-employee access to escrow account
A Florida real estate attorney was disciplined for allowing a non-lawyer whom she did not employ, supervise or control, to have signatory authority over an escrow account, resulting in misappropriation by that non-lawyer. Read on for the details.
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Real Estate related news
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Getting Roofing Estimates Made Easier in New York
Popular roofing website expands coverage to include more regions across New York, giving more people easy access to free roofing estimates online.
Get Inspired with Design Ideas for Your Kitchen, Bath or Whole Home Remodel: Jackson Design & Remodeling Launches Expanded Online Portfolio
New full-screen slide show format makes it easier to view these award-winning projects and be inspired by the details of exceptional design and construction.
Golf Real Estate Exclusive: Carlton International Reveal Stunning Golf Properties on the Cote D'Azur in the South of France Today
Carlton International reveal today a sublime portfolio of golf properties for sale on the Cote D'Azur including houses for sale at Terre Blanche, Royal Mougins, and Chateau Taulane golf courses.
William B. Meyer Inc. Welcomes Expansion: Old and New Clients From Hartford, CT to Springfield, MA Areas Take Advantage of New Facility
William B. Meyer, Inc., has opened a new, 128,850 sq. ft. facility in Windsor, CT. The facility is designed for specialized storage needs such as highly valued assets, offsite electronic data, legal, financial and health records.
Emerging Seattle Company Finds Market Niche, Meets Strong Demand
The SASH Program management reports demand for their senior home sale service stronger than ever before, with new client inquiries being received from a wide geographic region at an unprecedented rate.
Brazil Estate Agent Sees Huge Shift from 'Lifestyle' to 'Investment' Purchasers
Once the secret of a select few adventurous holiday home buyers attracted by the year-round sunshine, amazing food, deserted beaches and party atmosphere, Brazil is now topping the list for serious property investors who wish to cash in on the boom.
Home Staging Terms Defined in Home Staging Glossary by Staging Diva
Staging Diva, Debra Gould, announces a new free resource for home stagers, the Home Staging Glossary. Stagers are invited to search the glossary's 100+ industry-specific phrases and terms to expand their knowledge of their field.
Dream Town Realty Welcomes New Agent in June
Chicago real estate firm Dream Town Realty announces that Ben Bodelson has joined the company. Mr. Bodelson started with Dream Town at the end of June. He offers buying and selling services for residential real estate.
Katy Real Estate News and Katy Homes For Sale by Coldwell Banker
Katy real estate and Katy homes for sale are excellently discussed and reported on by local Coldwell Banker Realtor Angela Kraushaar. View Katy homes for sale on her award winning website and updated Katy real estate news on her widely read blog!
William H. Ficken Jr. Inducted into Cambridge Who's Who
William H. Ficken Jr. is a member of the National Association of Realtors, Ohio Association of Realtors and the National Association of Home Builders
Tim Weber Showcases Professional Brand through Cambridge Who's Who
Tim Weber has been the owner of First Western Properties, Inc. for seven years
Final Homes Now Selling at Bridle Ridge in Carmel Country Highlands, a Popular Coastal North San Diego County Neighborhood by Pardee Homes
Pardee Homes has announced that its Bridle Ridge neighborhood of homes is in the final phase of sales. These beautiful two-story homes, with three to five bedrooms, feature their exclusive LivingSmart program of energy-saving features and options.
Avanta sets new weekly viewing record
Avanta's brand new direct sales team has broken all previous company records by receiving almost 300 serviced office enquiries in one week and then booking 84 new client viewings at its 19 UK business centres in just one week.
Extensive W1 garden floor offices become available in attractive period building, Portland Place
Extensive W1 office space becomes available on garden floor of attractive Portland Place period building, containing several offices and meeting rooms, storage space and kitchen facilities
The Preiss Company Appoints John Manning to Chief Financial Officer
Appointee to prepare accounting and financial team for corporate "hyper growth"
Julie "B" Realty's New Website Launched to Target "Finest" Properties in Central Florida Real Estate
Central Florida's Finest Properties website features new search engine technology to find waterfront, golf and gated community homes.
Pardee Homes Makes a $14K Roof-Integrated Solar Power System by SunPower Standard in Its New LA/Ventura Area Homes
Pardee President & CEO Mike McGee calls solar offer a "no-brainer" for California new home buyers in company's master-planned communities of Fair Oaks Ranch and Moorpark Highlands.
LV= Warns of GBP264m Repair Bill for Alcohol-Fuelled Home Accidents
LV= warns of GBP264m UK repair bill for alcohol-fuelled home accidents this summer leaving uninsured homeowners out of pocket.
Grand Bay Hospitality Group and GlassRatner Management & Realty Advisors LLC Announces Award of Two New Management Contracts
Grand Bay Hospitality Group's Receivership Services provides distressed asset management for hotels in Receivership by quickly analyzing the operation, identifying reasonable opportunities and developing a turnaround strategy.
Local Strategic Marketing and Business Development Firm Launches RelyLocal Business in Newport Beach and Costa Mesa, California
The Leeds Group announced today the acquisition of the RelyLocal territory rights for Newport Beach and Costa Mesa, California, bringing together local business leaders and local residents in a community campaign to support local business first.
Kohler Co. Joins HomeSphere
Brands work together to provide value to the residential construction industry.
Claude Girard Recognized for Excellence in Law
Claude Girard was recognized as a successful lawyer in business law in Canada
MERJS appointed sole commercial property agents for recently refurbished Noho office suite in New Cavendish St, W1
MERJS has been appointed as sole agents for a prestigious self-contained 1,200 sq ft office suite in Noho, offering an assignment of the existing lease expiring in May 2012.
Lou Cardillo Real Estate Selling Teams Talks about Westchester and Putnam County New York Real Estate
Lou Cardillo, broker/owner of Keller Williams New York, talks about selling real estate in Mahopac, Carmel, Somers and Yorktown and the surrounding communities of Westchester and Putnam County NY. Lou explains how he can sell your home faster!
Industry Leader Paulette Willman Added to the Cambridge Who's Who Network
Paulette Willman has worked in the mortgage industry in Texas and Washington State
Industry Leader Maria T. Petkanas Added to the Cambridge Who's Who Network
Maria T. Petkanas has successfully marketed and sold some of the most luxurious properties in Nassau County
Edward G. Bedard Inducted into Cambridge Who's Who
Edward G. Bedard received the Scouter's Key Award
Pardee Homes' Furniture Donation Benefits Opportunity Village in Las Vegas
Pardee Homes, Las Vegas, donated approximately $10,000 in furniture to Opportunity Village, a not-for-profit organization serving people with intellectual disabilities after a July 11 fire destroyed the charity's downtown Las Vegas thrift store.
Top New Hampshire Virtual Real Estate Office Grows Prestige As Linda Ruppe Joins Virtual Homes
Top New Hampshire virtual real estate office Virtual Homes grows regional prestige as Linda Ruppe, a top producing REALTOR(R) and former Keller Williams agent, joins the firm.
San Antonio Texas Real Estate Agent Releases Top Ten Tips for Buying a Home in a Weekend
Texas real estate agent specializing in new homes in the San Antonio and New Braunfels TX market releases free report for home buyers entitled Top Ten Tips for Buying a Home in a Weekend.
New Mortgage Industry Association Has Been Formed To Promote Thought Leadership And Innovation
PROGRESS in Lending Association affirms that the status quo is not what's going to get the mortgage industry through this downturn, technology adoption coupled with sound business strategy is the answer.
CKD Galbraith offer stunning eco-friendly country house near Ayr
Scotland's leading independent property consultancy CKD Galbraith's Ayr Office is offering for sale a stunning eco-friendly country house near Ayr, Ayrshire, Scotland.
Bruntwood Scores a Hat Trick of Office Deals at Atria
Bruntwood secures three big new deals by welcoming two new customers to Atria in Bolton and assisting MRH Solicitors Ltd with its expansion plans.
Topical Spanish Property Comment Relating to EU Bank Stress Test out Today
EU Stress Tests published today assess whether banks will be able to survive future economic shocks. 27 Spanish banks have been tested and some are expected to fail having racked up heavy losses following the collapse of the property market.
Cape Coral Short Sale, Title, & Settlement Company Saves Clients Time, Money, and Stress with Streamline Short Sale Program
Winged Foot Title, Cape Coral's Short Sale, Title, & Settlement company, has streamlined their short sale process to save their clients time, money, and stress when trying to sell their homes.
New Centennial Campus Building to be a Distributed Energy and Green Grid Showcase
Can a privately developed building on a university-owned research park and campus become a showcase for integrating the century-old, centralized power grid with alternative technologies such as wind and solar?
Saving Your Home From Foreclosure: The HAMP Program
The federal government's Home Affordable Modification Program (HAMP) is still available for delinquent and at-risk borrowers who are looking to avoid foreclosure.
CT Real Estate Investors Association (CT REIA) Announces Free Webinar With Than Merrill On July 27, 2010
On July 27, 2010 the Connecticut Real Estate Investors Association will be hosting a free webinar with Than Merrill of A&E's "Flip This House." Attendees will learn what is working in the real estate market right now.
The Preiss Company Promotes John Preiss to Executive Vice President
Executive looks to grow Raleigh real estate company's business by 20% by end of year
Real Estate Manager Earns Residence With Stanford Who's Who
Matthew S. Lind has been accepted among the ranks of leading professionals with Stanford Who's Who as a result of his remarkable work in the Real Estate Industry.
Meredith Liemohn Showcases Professional Brand through Cambridge Who's Who
Meredith Liemohn is affiliated with Cabela's Trophy Properties
Ken Rudisill Named to Exclusive Membership Organization
Ken Rudisill's company is family owned and operated
The SASH Program Announces 4-Year Anniversary of Coffee Time
The SASH Program (Sell A Senior's Home) announced today the 4-year anniversary of their Coffee Time networking events, organized in partnership with the elder care provider community in the greater Puget Sound, Washington area.
CT Real Estate Investors Association (CT REIA) Announces Free Webinar With Viridian Energy On July 26
On Monday, July 26, the Connecticut Real Estate Investors Association will be hosting a free webinar with Viridian Energy. Attendees will learn all about energy deregulation.
Chicago Agent Joins Dream Town Realty in May as Part of O'Connor/Hebson Group
Chicago real estate agent Joffre Colbert was welcomed to Dream Town Realty in May as a member of the newly formed O'Connor/Hebson Group. He provides buyer and seller services in the city of Chicago.
Manufactured Housing Associations and Publications Urge Critical Changes to FHFA Rule
Two associations and two publications teamed up this week to encourage changes to a proposed rule at the Federal Housing Finance Administration (FHFA) that would increase financing for the most affordable type of housing.
Claims Defenders Creates a New Defense for Homeowners Everywhere and Gives Them an Ally in Their Corner
Claims Defenders assists homeowners with coverage consultation, inventory databasing as well as the preparing and filing of any homeowner's claim containing contents.
Spousal Maintenance and Asset Division During A Recession
In any divorce the division of assets and debts is likely to be one of the major points of disagreement. However, this is a particular issue during times of recession.
Real Estate Professional Earns Residence With Stanford Who's Who
Stanford Who's Who welcomes Trevor J. Versace to the ranks of leading professionals as a result of his remarkable work in the Real Estate Industry.
Glidden Professional Joins HomeSphere
Partnership to expand brand in the residential construction industry.
New Office Space Calculator Lets Sydney Businesses See the Amount of Commercial Real Estate They Need
Sydney businesses looking to lease or buy commercial property have a new way of determining the amount of space they need.
How to Speed Up the Sale of Your House
HouseSimple.co.uk offers you the chance to enjoy the benefits of having an estate agent at a fraction of the cost. We have provided some tips on how to better prepare your home for the property market.
Staging Diva Sale Offers Savings on Home Staging Training and More
Staging Diva, Debra Gould, announces a Summer Sale with prices slashed on home staging courses, guides, coaching and Directory listings.
ForRent.com's exclusive partnership with Homes.com expands housing options for people searching for homes
Exclusive partnership brings more variety and listings to consumers searching online for homes for rent
Three McManis Faulkner Partners Named to Northern California Super Lawyers 2010
Four Attorneys Named to Northern California Super Lawyers 2010 Rising Stars
Atlanta Moving Company Coast 2 Coast Moving & Storage Offers Discounts to Veterans, Senior Citizens
Professional, licensed moving company extends deals to seniors and military personnel. Local and national moves, packing, storage, auto transport among services offered.
Glidden Professional Joins HomeSphere
Partnership to expand brand in the residential construction industry.
Real Estate Applications For Mobile Phones Enhance Home Buying, Says Cedar Park JB Goodwin Agent Rocky Breon
There are a number of new applications available for mobile phones that have to do with the real estate industry. JB Goodwin Real Estate Agent Rocky Breon says, along with a professional realtor, these apps can aid in the home buying process.
Sparks is the real winner in Avanta's charity run
A fourteen-strong team of employees from London-based based Avanta Managed Offices has helped raise more than GBP1200 for leading UK children's medical charity, Sparks, on July 6th, by taking part in the JP Morgan Corporate Challenge 2010.
GET A GRIP, Inc. Resurfacing Joins National Apartment Association's National Supplier Council
GET A GRIP, Inc. Resurfacing is pleased to announce that it has joined the National Apartment Association's National Supplier Council.
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