Appraisal Buzz

JANUARY 9, 2025

In some cases, AI and other digital tools have also been used to create convincing forgeries of documents or to automate the process of generating fake deeds and other legal documents. For example, in the case involving Graceland, the scheme was unveiled only after a vigilant legal challenge by the estates trustees.

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Appraisal Buzz

SEPTEMBER 13, 2024

Incenter Lender Services Chief Legal Counsel Kathleen Dutill Kathleen Dutill , an experienced mortgage industry attorney, has joined Incenter Lender Services as Chief Legal Counsel. The post Incenter Adds New Chief Legal Counsel first appeared on The MortgagePoint.

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Housing Wire

JUNE 7, 2024

Moreover, legal services will cost at least $5,000 and likely much more. Despite this grim outlook, there is a title insurance product that offers homeowners immediate peace of mind. They should be prepared for some pushback, as even many title insurance professionals are unaware of this option. The damage has already been done.

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Insurance Legal Technology Development 482

Housing Wire

DECEMBER 26, 2022

With the housing market slowing down from its pandemic-fueled frenzy, wire fraud threats, regulatory challenges and the perennial challenge of an aging workforce, the title insurance industry will have a lot to juggle in the new year. For the title insurance industry, she feels this will result in a thinning of the herd.

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Housing Wire

JANUARY 13, 2025

This includes anytime the relevant property has been hit with an insurable loss, and also covers when a home or place of employment are located in Presidentially-Declared Major Disaster Areas with individual assistance designations, according to the company.

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Mortgage Legal Insurance Development 397

Housing Wire

MARCH 4, 2025

The American Land Title Association (ALTA) noted that title insurance companies were already exempt from the BOI reporting requirement due to the rules exemption for state-licensed insurance producers. ALTA added that the Treasury announcement is likely to face legal challenges. This rule, which goes into effect Dec.

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Housing Wire

SEPTEMBER 5, 2023

Porch Group announced that its insurance subsidiary Homeowners of America (HOA) has been placed under temporary supervision by Texas regulators. Vesttoo’s alleged fraudulent activity is an unfortunate event for insurance carriers and the reinsurance industry alike,” Matt Ehrlichman, CEO of Porch Group, said in a statement.

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Insurance HOA Legal Development 435

Housing Wire

MARCH 28, 2024

Florida is reckoning with a severe homeowners insurance crisis. The recent surge in both the frequency and intensity of hurricanes that have battered the state has prompted numerous insurers and reinsurers to exit the market , leaving Florida homeowners grappling with skyrocketing premiums and limited coverage options.

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Insurance Design Marketing Legal 505

Housing Wire

MAY 3, 2024

Additionally, the notice also stated that before members use any agreement which does not include any compensation, such as the Zillow touring agreement, they should check with their exclusions and omissions insurance carrier. According to Laura M.

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Legal Realtors Law Real Estate 378

Housing Wire

JANUARY 24, 2025

A group of 2,769 West Virginian borrowers claimed in the lawsuit, which was originally filed on July 23, 2012, that Rocket Mortgage (known then as Quicken Loans ) and its insurance arm, Amrock (formerly Title Source ), were unfairly influencing home appraisal values. Rocket Mortgage has faced other legal activity over the last year.

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Mortgage Legal Appraisal Valuation 369

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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Insurance Legal Legal Fees HOA 411

Housing Wire

APRIL 9, 2025

MetLife underwrote the loan and failed to ensure that the signatories to the loan had the legal authority to execute it. MetLife was the first to create an official financial assessment for reverse mortgage borrowers in its retail and wholesale divisions, which it implemented to prevent tax and insurance default among borrowers.

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Mortgage Insurance Retail Legal 360

Housing Wire

JUNE 12, 2024

But when we say this is the Ultimate Resource Guide for title insurance professionals, we mean it! Associations American Land Title Association (ALTA) ALTA serves as the national trade association and voice for the title insurance industry, representing over 6,000 title insurance companies, agents and real estate attorneys.

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Insurance Legal Design Training 336

Appraisal Buzz

FEBRUARY 20, 2025

Open to all mortgage lending and servicing professionals, GSEs , government entities, and Legal League members, the annual Spring Servicer Summit gathers the nations elite financial services law firms to discuss default policies, procedures, and emerging issues with leading mortgage servicing executives.

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Housing Wire

FEBRUARY 3, 2025

The checklist covers such broad areas and topics as: organizational structure; litigation; compliance ; intellectual property; real property; financial and tax; labor and employment; material, vendor, and software contracts; insurance; and customers. Patent & Trademark Office. Nettleingham is a shareholder at Maddin Hauser.

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Mortgage Contracts Insurance Sellers 417

Housing Wire

AUGUST 23, 2022

According to SingleSource, under the authority of the supreme court of the state where the property is located, attorneys who issue an ACT will be protected by a comprehensive liability wrapper – enabling SingleSource to provide comparable coverage as a title insurance policy at a much lower cost to the consumer.

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Insurance Legal Mortgage Marketing 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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Legal Law Insurance Finance 368

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. The lawsuit was previously reported by National Mortgage News and Law360.

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Insurance Mortgage Development Legal 497

Housing Wire

JANUARY 15, 2025

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. But in these 11 states including Indiana recreational and medical use is barred at the state, local and county levels. [My]

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Law Legal Insurance Government 370

Housing Wire

AUGUST 13, 2024

The American Land Title Association is making it clear that it won’t have the Consumer Financial Protection Bureau making drastic changes to title insurance without first at least hearing the trade groups thoughts on the issue. 2, the trade group stressed the importance of title insurance.

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Insurance Mortgage Legal Government 468

Housing Wire

JANUARY 14, 2025

Obtain a real estate broker license Your new chapter begins with ensuring you meet all legal requirements to operate as a broker. This includes legal, tax, and state requirements. These legal structures offer some liability protection for you and, in most cases, tax benefits as well. Now you have to do some tedious stuff.

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Real Estate Brokerage Agents Real Estate Agent 369

Housing Wire

NOVEMBER 19, 2024

The practice is legal, but customers often report receiving hundreds of calls, texts and emails. This version also permits solicitations initiated by the mortgage originator and servicer, and by insured depository institutions and credit unions with active consumer accounts.

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Mortgage Legal Law Insurance 397

Housing Wire

MARCH 12, 2025

Kalin led a segment on best practices for legal matters that agents may face when assisting Altadena residents. Kalin also recommended that agents help their clients consider the time and cost of rebuilding , homeowners insurance proceeds, temporary housing expenses, and the benefits of selling for cash value versus rebuilding.

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Realtors Landlords Agents Market Value 340

Housing Wire

JANUARY 30, 2025

One of the things that we’ve been intrigued by is a way for people who have had their home burned down, and perhaps they can’t recover through insurance , is using some of the land-use reform laws in California to be able to think about rebuilding their land differently, he said.

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Modernization Real Estate Housing Market Legal 358

Housing Wire

JUNE 13, 2024

In an analysis of more than 100 real estate wire fraud cases, CertifID found that the most common wire fraud-related legal liability issues for real estate firms are negligence, breach of contract, deceptive business practices and breach of fiduciary duty. As a custodian of funds, you are in a position of trust and knowledge.

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Real Estate Insurance Legal Training 459

Housing Wire

MARCH 20, 2025

(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 208

Housing Wire

JANUARY 15, 2025

Under the new law, if a deed or mortgage is filed with the clerk of a superior court for recording by a self-filer i.e., a person who is not an insurance agent, attorney, bank or credit union agent, mortgage lender or servicer, land surveyor or public official it must be submitted via electronic filing.

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Law Real Property Insurance Training 396

Housing Wire

JANUARY 31, 2025

The total estimated cost of getting a Colorado real estate license ranges from $1,080 to $1,800, depending on the real estate course you choose and the cost of your E&O insurance. It protects you from potential legal claims that a mistake on your part caused someone financial harm. Read on to learn more.

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Real Estate Brokerage Insurance Legal 294

Housing Wire

FEBRUARY 3, 2025

Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc.

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Mortgage Valuation Lending Technology 413

Housing Wire

JULY 13, 2022

American Digital Title Insurance Co. , a Denver-based insurtech title insurance provider controlled by insurance giant Munich Re , has been authorized to underwrite title insurance in California, the second largest title insurance market in the country.

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Business Insurance Real Estate Investors 418

Housing Wire

AUGUST 30, 2024

The Merriam-Webster dictionary defines fraud as the “intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right,” and from identity theft to sweepstakes and investment scams, it can take countless forms at a high cost to consumers.

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Real Estate Insurance Sellers Legal 448

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

Appraisal Buzz

FEBRUARY 4, 2025

Schneiderman & Sherman PC (SSPC) , a provider of mortgage and creditors rights legal services, has announced their expansion into Ohio, Kentucky, and Indiana, bringing the total state operations to five, including Michigan and Minnesota. She is also a licensed Title Insurance Agent in Ohio and Indiana.

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Legal Law Insurance Real Estate 221

Housing Wire

SEPTEMBER 27, 2023

As an organization dedicated to protecting property rights, the American Land Title Association (ALTA) wants to help ensure laws do not discriminate against or prevent people from legally purchasing real estate. Laws should also be clear on the role title insurance professionals play in facilitating transactions with foreign owners.

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Law Real Estate Insurance Legal 434

Housing Wire

JUNE 7, 2021

AmTrust Title Insurance Company has added two executives to its team, naming James Bozzomo as chief underwriting counsel for direct operations and Jefferson Howeth as senior corporate counsel. Before joining AmTrust, Bozzomo was senior vice president and managing counsel at Commonwealth Land Title Insurance Company.

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Insurance Legal Retail Government 370

Housing Wire

NOVEMBER 1, 2024

citizen or legal resident and be 18 years of age or older. Brokers are often legally liable for the actions of agents working under them. This course is more detailed than the real estate agent course, particularly on topics of contracts, ethics, insurance and taxes. Generally, you need to be a U.S.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

JULY 22, 2021

Title insurance veteran Janice Cassidy has been named agency compliance manager at North American Title Insurance Co., Earlier this month, North American, once the title insurance arm of homebuilder Lennar , hired Margaret Redman as director of national commercial services and senior regional underwriting counsel.

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Insurance Agents Training Legal 418