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Stewart Information Services Corp. named a new president of NotaryCam. The new president spent two and a half years with the Consumer Financial Protection Bureau as executive sponsor of the eClosing project. Read on for more.
October Research’s inaugural Women Leadership Summit (WLS) is taking place Aug. 17 and 18 in Savannah, Ga. Read on for more.
Knox-Precision Holdings, LLC acquired Lenders Title Group (LTG), a subsidiary of First Horizon Corp. The president and CEO of LTG will remain in charge of the title agency after the acquisition. Read on for more details about the deal.
The Kroll Bond Rating Agency (KBRA) upgraded its rating of CATIC to “A-.” According to KBRA, an A- rating indicates the insurer’s financial condition is sound. The outlook is stable. Read on for more.
The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will require servicers to obtain and maintain fair lending data on their loans, and for this data to transfer with servicing throughout the mortgage term.

Sen. Sherrod Brown (D-Ohio), chairman of the Senate Committee on Banking, Housing, and Urban Affairs, praised FHFA’s announcement.

Read on for more details.

The U.S. Department of Housing and Urban Development (HUD) announced a $34 million loan guarantee for Cincinnati, Ohio for the Affordable Housing Loan Fund Project to spur the creation of more affordable housing.


With the assist from HUD, the city hopes to be able to drive private investment, add housing units throughout the city, eliminate concentrations of poverty and allow developers to take on projects with greater financing risks in marginalized neighborhoods.

Read on to learn more.

While praising the passage of the Inflation Reduction Act of 2022, the National Fair Housing Alliance is urging Congress to focus on housing as a key driver of inflation to create equitable opportunities for communities of color and rural parts of the nation.

 

The group outlined several programs and initiatives it believes Congress should fund to help more people of color become homeowners and battle inflation.

 

Read on for more information.

A Maryland man took out a home equity line of credit (HELOC). The man later opened a deposit account with the same bank which held his HELOC.

When the man failed to make required payments on the HELOC, the bank withdrew the payments from his deposit account. 

The man sued the bank, claiming the unauthorized withdrawals caused him economic damages.

A couple filed suit against parties seeking to confirm a purported arbitration award. The parties then moved to vacate what they called a sham arbitration award.
The California General Assembly is considering legislation that would require an attempt to be made to sell property via a multiple-listing service before the property could be foreclosed in certain instances.
A couple sued the holder of a mortgage seeking to discharge the 1989 mortgage and quiet title to the New Fairfield, Conn., property. They argue that collection of the loan proceeds secured by the mortgage is barred by General Statutes Section 42a-3-118(a).
The Ohio Board of Professional Conduct issued Opinion 2022-07 regarding whether a lawyer can accept and hold cryptocurrency in escrow.
- kerrys
Studies find rent control is a short-term solution that creates long-term problems. Florida Realtors has filed a lawsuit against Orange County to block a proposal.
- kerrys
Investors consider a 60/40 stock/bond portfolio standard, but real estate has provided solid returns over the past 12 months, convincing many to diversify.
- kerrys
Three national nonprofits will split the money: Habitat for Humanity ($9M), Enterprise Community Partners ($15M) and Local Initiatives Support Corp. ($17M).
- kerrys
In Canada and Australia, the screening system led to a 35% drop in parties after considering things like weekend dates, renter proximity and their Airbnb history.

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Educational materials  retrieved from Old Republic Title https://www.oldrepublictitle.com/real-estate-professionals/educational-materials.

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