Housing Wire

OCTOBER 13, 2022

Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. We haven’t seen any real data based on the conversation that it is going to save money.

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Housing Wire

MARCH 14, 2024

Department of Housing and Urban Development (HUD) is being sued in federal court over accusations that it failed to refund nearly $385 million in mortgage insurance premiums (MIP) to borrowers over a period of more than two decades. ” This is a developing story.

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Insurance Mortgage Development Legal 497

Housing Wire

JANUARY 15, 2025

Department of Housing and Urban Development (HUD) assistance is poised to lose his benefits on Jan. All but 11 states allow for at least the medical consumption of marijuana, and it is also legal for both medical and recreational use in the District of Columbia , itself a federal district. My] third back surgery was in 2018.

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Law Legal Insurance Government 370

Housing Wire

NOVEMBER 18, 2022

This article addresses two legal issues relevant to the review: FHFA’s statutory authority to reduce the number of Federal Home Loan Banks, and The application of the FHLBank statutory “super lien”. This provision may be challenged by the affected FHLBank under legal process. Short-term advances are not so restricted.

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Housing Wire

MARCH 20, 2025

Department of Housing and Urban Development (HUD). The claims) carry significant professional and legal consequences, he said. In July 2024, a coalition of five federal agencies the Consumer Financial Protection Bureau , the Federal Deposit Insurance Corp. ,

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Appraisal Reconsideration of Value Real Estate Legal 213

Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. The Real Estate Settlement Procedures Act (RESPA) ensures that homebuyers always have the legal right to consider alternative title insurance providers and can never be forced into using a particular provider.

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Insurance Real Estate Buyers Real Estate Agent 511

Housing Wire

JULY 22, 2021

Title insurance veteran Janice Cassidy has been named agency compliance manager at North American Title Insurance Co., “Throughout my career, I have developed strong and lasting relationships with professionals in all aspects of this industry,” Cassidy said in a statement. “I a subsidiary of Doma.

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Insurance Agents Legal Training 418

Housing Wire

JULY 18, 2024

” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely.

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Finance Real Estate Investors Legal 448

Housing Wire

JANUARY 28, 2021

The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent. The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. .

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Landlords Tenants Law Legal 488

Housing Wire

JANUARY 10, 2023

It resulted from a big decline in mortgage banking, title insurance revenues and an impairment related to the Title365 segment. . workforce by 28%, including research and development, sales, marketing, general and administrative functions. Amid a rapidly shrinking mortgage market, the company reported a loss of $133.98

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Legal Finance Insurance Mortgage 448

Housing Wire

AUGUST 25, 2021

Mortgage industry groups on Tuesday made their voices heard in response to the Department of Housing and Urban Development ’s proposed reinstatement of its 2013 disparate impact rule. Numerous industry stakeholders asked HUD to make some changes to the regulation to raise and further explain the threshold for disparate impact claims.

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Housing Wire

FEBRUARY 1, 2021

Clinton’s long-standing career in public service, in-depth legal expertise in housing policy and executive leadership skills will help bolster FHFA’s work as a world-class prudential regulator.”. Prior to joining the agency, he served for 24 years in various senior legal roles at the U.S. Department of Housing and Urban Development.

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Housing Wire

OCTOBER 1, 2020

The complaint announced on Friday alleges that in order to significantly increase its loan production, Nutter used unqualified underwriters lacking the requirements established by HUD to review and approve HECMs that Nutter ultimately insured with the FHA. When reached for comment, Edward T.

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Housing Wire

JULY 12, 2024

It accused the lender of ”forging certifications and using unqualified underwriters to approve Federal Housing Administration (FHA) insured Home Equity Conversion Mortgages (HECM),” according to the original announcement. But by failing to develop causation evidence, the DOJ is now limited to seeking only civil penalties against Nutter.

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Housing Wire

SEPTEMBER 6, 2024

For more than two years, a storm has been brewing in the title insurance industry. As part of the settlement, the firms agreed to end the practice of giving real estate agents consideration for the referral of title insurance business, and they will cease their title insurance operations in Washington, D.C.,

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Insurance Real Estate Agent Law Real Estate 459

Housing Wire

SEPTEMBER 4, 2024

There are three core provisions in the ML, including a modification of HECM insurance regulations “by defining the date of default as the date for determining the debenture interest rate on loans that become due and payable” after publication of the ML. HERMIT was launched by HUD in October 2012 after a protracted development cycle.

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Mortgage Legal Development Insurance 459

Housing Wire

MARCH 7, 2024

The White House also pointed out last year’s reduction to the mortgage insurance premium (MIP) for Federal Housing Administration (FHA) mortgages, which save “an estimated 850,000 homebuyers and homeowners an estimated $800 per year.” The NHC lauded the development.

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Construction Renovations Insurance Landlords 535

Housing Wire

DECEMBER 6, 2023

As with establishing effective communication expectations early on, developing a crisis management plan before you need it will allow you to effectively deal with unexpected problems. Legal disputes. Many difficult situations involve legal and regulatory compliance in contract disputes, zoning violations, or tenant rights.

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Real Estate Legal Tenants Clients 435

Appraisal Buzz

MAY 6, 2024

Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. ICON, an Austin based firm, has developed a 3D printed wall system.

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HOA Insurance Legal Fees Valuation 370

Housing Wire

SEPTEMBER 24, 2024

aka Nutter Home Loans , to resolve allegations that the lender had underwritten ineligible reverse mortgages to be insured by the Federal Housing Administration (FHA). Department of Housing and Urban Development (HUD)’s [FHA] that did not meet program eligibility requirements,” the announcement explained. Nutter & Co. , government.

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Insurance Legal Government Law 259

Housing Wire

APRIL 10, 2024

Mortgage brokers ’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services provided.

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Brokerage Mortgage Development Insurance 448

Housing Wire

MARCH 14, 2022

in which title insurance companies are required by law to file reports identifying individuals who made all-cash real estate purchases exceeding $300,000 through shell companies. home purchases, there are plenty of legal and practical reasons for buying a home through an LLC or trust. trillion in existing home sales in 2021.

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Real Estate Insurance Law Real Estate Agent 435

Housing Wire

APRIL 11, 2023

They also help to prevent fraud and ensure that the sale is conducted legally and ethically. In real estate, a title is a legal document that establishes ownership of a property or asset. You can obtain a title through purchase, inheritance or other legal means. Rachel Luna is the agency development manager at Patriot Title.

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Real Estate Legal Sellers Technology 397

Housing Wire

MAY 27, 2022

The requirement also applies to mortgage lenders, legal experts say. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. The post CFPB wants lenders to disclose reason for denial of credit appeared first on HousingWire.

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Valuation Law Legal Government 448

Housing Wire

JUNE 30, 2023

million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. Therefore, lenders must follow FHA and VA rules to ensure only loans that meet credit and underwriting criteria are insured or guaranteed by the government.

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Government Insurance Mortgage Legal 397

Housing Wire

FEBRUARY 17, 2021

This HousingWire Daily podcast transcription features an interview with Monique Winston , vice president-national business development executive and chair of the diversity and inclusion council at WFG National Title Insurance Company. In this episode, Winston discusses her work at WFG and as an advocate for Black homeownership.

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Housing Wire

SEPTEMBER 16, 2021

Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates. Kris Kully: It was the six years I spent working as a new lawyer at the Department of Housing and Urban Development.

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Finance Legal Training Development 397

Housing Wire

AUGUST 7, 2020

Before that Yankowski was president and CEO of Executive Title Insurance Services. There, Allen developed strategies for capital markets clients including Morgan Stanley and Deutsche Bank , as well as managed engagements and provided solutions for FHFA , OCC , HUD , Freddie Mac and others.

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Technology Law Lending Legal 341

Housing Wire

JULY 6, 2023

Meirink said Savkar’s appointment is indicative of the company’s commitment to developing and promoting talent from within. Savkar has been a part of Wolters Kluwer since 2012, when he joined as vice president and general manager of the Legal & Regulatory division.

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Appraisal Buzz

NOVEMBER 13, 2024

Homeowners insurance is another big topic, and by encouraging customers to shop the policy and to bundle policies where possible, we can partner with customers to make their homeownership costs as affordable as possible. Michael Keaton, SVP, Subservicing Business Development, Onity Group Inc.

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Mortgage Technology Clients Tools 410

Housing Wire

MAY 13, 2024

Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish the VantageScore 4.0 historical dataset.

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Legal Mortgage Contracts Insurance 448

Housing Wire

NOVEMBER 9, 2020

Prior to the pandemic, ALTA and MBA saw a need to develop model RON legislation. In 2017, the associations collaborated to create standard legislation that is safe for consumers, ensures the transaction can be insurable and is technology neutral. This concern is exacerbated with various standards for digital closings.

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Law Legal Technology Real Estate 468

Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

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Legal Real Estate Appraisal Valuation 148

Housing Wire

AUGUST 8, 2022

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. Dave Applegate, a board member since 2020, has been named the company’s chairman. year over year, according to Inside Mortgage Finance data. (The

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Human Resources Finance Legal Insurance 370

Housing Wire

SEPTEMBER 17, 2024

Taylor Stork , the president of CHLA and the chief operating officer of Developer’s Mortgage Co. When you start to see a world where homeowners insurance and property taxes all go up, we’ve got borrowers hovering around a 50% DTI. “What we saw during COVID was the No. It sure as hell does.

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Property Taxes Government Legal Insurance 434

Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Graphics and statistics NAR.com Detailed market insights, research, and statistics from the real estate industry, legal news, marketing tips, and tools. Lets dive in!

Real Estate 397

Real Estate Clients Tools Sellers 397

Appraisal Buzz

MAY 9, 2022

With all the construction of log homes, there needs to be legal and competent appraisals for these homes. However, the Highest and Best Use Analysis tells us that a log home must be legally compliant and/or Legally Permissible and the findings of the analysis must be relayed to the intended user of the report. The Solution.

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Valuation Legal Construction Appraisal 396