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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

A response emailed to HousingWire from Rocket Homes claimed the allegations are “egregiously misstated,” and said Shkipin was merely trying to “gain industry relevance.” ” The post CFPB investigating Rocket Homes for illegal kickbacks appeared first on HousingWire.

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ALTA: Protecting property rights with title insurance

Housing Wire

For a home valued at $250,000, the cost of an owner’s title insurance policy would be just 11 cents a day on a 30-year mortgage. nationally since 2004 and roughly 5% the past two years, based on the most recent industry data from 2021. Recently, an attorney shared with me how one of her clients purchased a home in Connecticut.

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Appraisal Reviews – Who and What

Appraisal Today

Investors use them to evaluate the value and risk of potential investments. Attorneys order reviews to support legal matters involving property valuation, including disputes and condemnation cases. Insurance companies use them for verifying property values in underwriting and claims.

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

After peaking in 2004 at 69%, this country’s homeownership rate has slipped to 66%. Yes, owning a home is still a goal of many – at least for two-thirds of the country – but there are signs of cracks in that thinking. Using home valuations and area median household income data, the report notes the average time required across the U.S.

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