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AI-Driven Fraud Poses a Serious Threat to the Mortgage Industry

Appraisal Buzz

In a recent report, Sarah Frano, vice president and real estate fraud expert at First American Title Insurance Company , explains that scammers are increasingly harnessing AI to generate deepfake videos and fraudulently pose as legitimate borrowers. fraud losses to grow by 32% each year moving forward, reaching $40 billion by 2027.

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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

What’s more, operating costs for apartment and SFR (single-family rental) operators are up significantly since 2019 due to higher property taxes, insurance, and payroll costs. Using 2017, 2018 as a normal level, delivery should start to look normal by 2027, 2028, so I think the market fundamentals will start to shift pretty soon.

Marketing 370
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Success Mortgage CEO nominated as MBA vice chairman

Housing Wire

MBA bylaws dictate that Lee is expected to become chairman-elect after serving one year in his vice chairman role and would become chairman in 2027. In addition to his role at SMP, Lee also serves as a managing member of title insurance and escrow services agency Title Partners LLC.

Mortgage 448
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What’s the Cost of Living in Raleigh, North Carolina?

Raleigh Realty

Most people in Wake County use employer-sponsored insurance (ESI), followed by Medicaid, Medicare FFS, and Medicare Advantage. This analysis found: Health spending in Wake County is the lowest in North Carolina at $7,303 per year. In North Carolina, the average person spends $8,230 per year on healthcare. Income tax in North Carolina is 4.99.

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French Hill will chair the powerful House Financial Services Committee

Housing Wire

financial services industry including the housing, insurance , securities and banking sectors. But with Republicans remaining in control of the chamber through at least early 2027, he is expected to be easily confirmed. House of Representatives has selected Rep.

Design 365
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Ending the Fannie/Freddie conservatorships

Housing Wire

a September CHLA Roundtable, former FHFA Director Mark Calabria said that there is maybe a 70% chance this will be accomplished by 2027, adding that You can get them out. With a second Trump Administration imminent, speculation is growing that the GSEs could soon exit conservatorship.At Its all feasible, doable.

Insurance 541
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Fannie and Freddie aren’t going private anytime soon, Mark Calabria says

Housing Wire

“But by [2027] I would say there’s maybe 70% chance. This is] similar to the way the Federal Deposit Insurance Corp. Despite what maybe some people in capital markets may believe, there’s no guarantee in conservatorship; there’s no guarantee out of conservatorship.”

Legal 488