Apex Title and Closing Services' new executive vice president and director of sales will focus on changes happening in the state concerning licenses for non-resident businesses that are producing new opportunities for Apex Title. Read on for more details about the new hire.
According to the American Land Title Association’s (ALTA) Market Share Analysis, title insurance premium volume increased 21.7 percent from 2019 to 2020. Read on for more from ALTA’s analysis, including which title companies captured the largest share of the market last year.
Great Northern Title Insurance Agency owner Neville Nofar said becoming a Proliant Settlement System franchisee will allow his suite of businesses, including Great Northern Tax and Great Northern Insurance Agency, to continue to grow. Read on for more.
Vylla Title’s new executive vice president will focus on corporate business growth and the relationship between The Carrington Companies and its secondary markets. Read on for more about the promotion.
The Department of Housing and Urban Development (HUD) announced it will suspend federal affordable housing funds to a Brooklyn, N.Y. multi-housing operator accused of discriminating against people with disabilities and excluding non-white tenants.
HUD said the action is the first step toward undoing historic patterns of segregation and other types of discrimination that have long denied equitable access to housing opportunity.
After two consecutive quarters of declines, consumer credit delinquencies rose in the fourth quarter of 2020 as the toll of the pandemic-induced recession weighed on the economy, according to results from the American Bankers Association’s (ABA) Consumer Credit Delinquency Bulletin.
Overall, late payments of 30 or more days rose in each of the 11 loan categories tracked by ABA - including all three home-related categories. Read on for details.
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against an online debt-settlement company for allegedly failing to disclose its relationship to certain creditors, and steering consumers into high-cost loans offered by affiliated lenders.
The CFPB filed a complaint in U.S. District Court Central District of California alleging the company engaged in abusive acts or practices under the Consumer Financial Protection Act and violated the Telemarketing Sales Rule.
The Department of Housing and Urban Development (HUD) has allocated nearly $700 million through the nation’s Housing Trust Fund (HTF) for affordable housing.
The HFT was launched in 2008 as an affordable housing production program that complements existing federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for low- and extremely low-income households, including families experiencing homelessness.
The owner of property in New Jersey appealed an order denying her order to show cause seeking a preliminary injunction in a quiet title action. She had requested restraints to prevent eviction from a property that was foreclosed and then repurchased by a lender. Read on for more details.
The Maryland General Assembly has passed legislation altering the definitions of escrow agent and trust money to require escrow agents enter into an agreement with the seller and the buyer of residential real estate when the escrow agent agrees to hold trust money. The bill awaits the governor’s signature. Read on for more details.
The Illinois General Assembly is considering legislation that would provide that certain recording fees would apply to certified copies of records that are maintained in any format. It would also provide that recorders that have adopted a predictable recording fee schedule may charge a standard fee for non-standard documents. Read on for more details.
Florida Realtors economist: Cocktail parties – remember those? Once someone finds out you’re a Realtor, the conversation often turns to the current market. Here are suggested responses to a common question you’ll likely be asked at your next cocktail – or Zoom – party.