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DataDigest: 25 years of NAR lobbying visualized

Housing Wire

The organization outspent every organization in the country in 2020 and 2022 and came in second behind the U.S. No one in the real estate industry comes close to NAR’s lobbying budget. Chamber of Commerce in seven of the last 10 years. It is on pace for another second place finish this year.

Realtors 418
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Verification solutions provider Xactus acquires MassiveCert

Housing Wire

MassiveCert, in addition to flood zone determinations, provides elevation certificates, Letters of Map Amendment services, private flood compliance, and real-property risk assessment. Up until now, Xactus obtained data from third parties. Servicers, are you prepared for hurricane season?

Insurance 370
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Compass acquisition could worry some California agents

Housing Wire

Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on real property, all at no additional cost and integrated with their MLS platforms,” read the March release.

Agents 397
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Remote online notarization is the proper path forward for digital closings

Housing Wire

During the first six months of 2020, the Federal Housing Finance Agency reported that the volume of e-mortgages purchased by Fannie Mae and Freddie Mac spiked significantly. introduced the Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act of 2020, which allows for the immediate use of RON nationwide.

Law 468
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GSEs Seek Input on Duty to Serve Plans

Appraisal Buzz

Additional initiatives that Freddie Mac noted included the financing of more than 46,000 manufactured homes titled as real property from 2018-2023, providing more than $6.7 The National Association of Realtors (NAR) November 2023 Housing Affordability Index was the lowest reported since July 1985.

Finance 390
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WFG reduces time and cost in real estate transactions

Housing Wire

WFG National Title Insurance Company (WFG) is a wholly owned subsidiary of Williston Financial Group and a national title insurance underwriter dedicated to taking time and cost out of real estate transactions. This ongoing engagement is an example of WFG’s foundational pledge to “Communicate, Collaborate, Coexist.”

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What it’s like originating reverse mortgages in Montana

Housing Wire

He lived in different states over the years but returned to Montana with his family in 2020. Montana automatically declares these as real property once they are permanently affixed, but the government requires the de-titling paperwork. He joined the mortgage industry in 1990 and transitioned to the reverse channel in 2002.

Mortgage 435