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Fidelity National Financial, Inc. has received all regulatory approvals and clearances necessary to close its $2.7 billion acquisition of FGL Holdings, the company announced.

The Michigan-based turnkey title company ownership system that offers entrepreneurs an opportunity to own their own title company has adopted CertifID’s wire fraud prevention solution.

Tennessee-based 1810 Title & Escrow LLC. has launched a new website it said better showcases what it offers to customers in and around Coffee and Warren counties.

Fifth Third Bank is collaborating with ZOCCAM to offer title and escrow clients the ability to receive earnest money through electronic third-party delivery. Read on for more details.

There are currently more than 100 Motto Mortgage offices open in more than 30 states.

Each office is independently owned, operated and licensed. But the company says they all share theMotto Franchising President Ward Morrison spoke to RESPA News about the company's success and compliance lessons gained.

Motto Mortgage – the first national mortgage brokerage franchise in the country – was launched in October 2016 as the second member of the RE/MAX Holdings, Inc. family of brands.  same focus: transparency and compliance. Read on for more in this open story.

The Consumer Financial Protection Bureau (CFPB) has issued a no-action letter (NAL) template to help  mortgage servicers assist borrowers.

The bureau also approved a NAL template to further competition in the small-dollar lending space and increase competition that fosters access to credit.

Read on for more on the new templates, which the CFPB said will help servicers deal with an increase in loss mitigation requests because of the pandemic.

 

After two consecutive months of declines brought on by the coronavirus pandemic, the worst soon will be over, according to National Association of Realtors (NAR) Chief Economist Lawrence Yun.

NAR statistics showed that pending home sales decreased in April, making two consecutive months of declines in contract activity and pending home sales in every major region.

Read on for Yun’s predictions on why those numbers soon will trend upward.

 

The Consumer Financial Protection Bureau (CFPB) and the Massachusetts Attorney General have filed a joint lawsuit against credit-repair telemarketers accused of deceptive acts and practices.

The telemarketers are accused of collecting at least $23 million in fees from consumers while violating the Consumer Financial Protection Act and the Telemarketing Sales Rule.

Read on for details from the complaint, which was filed in U.S. District Court for the District of Massachusetts.

MISMO, the mortgage industry’s standards organization, recently unveiled standardized closing instruction templates, designed to improve communication between lenders and settlement agents and helping to better the consumer experience. How will these templates achieve these goals and what should the industry expect when lenders begin to roll them out? Several members of the committee shared their insight.

The Electronic Signature & Records Association (ESRA) released a policy statement recommending a unified standard for consumer privacy and data protection laws. Read on for more details.

Cybercriminals are holding governments hostage more frequently, expanding their attack base, and asking for more money, according to a new report released by Deloitte’s Center for Government Insights. The study explores the rising trend in ransomware attacks on state and local governments. Read on for more details.

Delaware homeowners sued, among others, their title insurer, alleging that the company breached its obligation to them under their title policy when it denied coverage of a dispute over an easement. Read on for more details.

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A homeowner’s property insurance cost is based on a wide range of factors, including location, construction details and even the insurance company’s costs. Overall, however, a number of Fla. homeowners will see their coverage costs go up as some of those details change.

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A Realtor.com survey found that two-thirds of pet owners would even forego a dream home if it couldn’t easily accommodate their pets.

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Survey: Most buyers seem ready to move forward with deals. In general, more people feared COVID-19’s effect on society (61%) than how it might impact them.

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The expected drop still makes the industry pause, but NAR Economist Yun says “activity will rise as states reopen and more consumers feel comfortable about homebuying.”

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

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