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Bipartisan congressional caucus calls on FHFA to halt title waiver program

Housing Wire

The Bipartisan Congressional Real Estate Caucus is calling on the Federal Housing Finance Agency (FHFA) to cease its pilot program for title insurance waivers until the program is vetted and the agency seeks public input on it. The National Council of Insurance Legislators and 14 attorneys general have also pushed for its termination.

Insurance 418
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4 ways to effectively train your title agency employees

Housing Wire

For title agency owners and professionals, finding the time and resources to train your team can be challenging. However, well-trained employees offer undeniable benefits, such as increased productivity , engagement and job performance. While mentoring and coaching go hand-in-hand, they’re not interchangeable terms. ” We agree.

Training 444
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Disaster recovery for mortgage servicers: Navigating crisis with compliance & resilience

Housing Wire

Lessons from California wildfires and other natural disasters Californias wildfires highlighted the chaos that natural disasters continue to unleash not just on homeowners, but also on the mortgage servicers tasked with supporting them and the insurance industry that covers the cost of rebuilding.

Mortgage 345
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Mortgage tech firm TRAiNED hires two executives from Sales Boomerang

Housing Wire

Mortgage tech firm TRAiNED Inc. TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. Department of Homeland Security and title insurance company Charter Title. hired two executives as it looks to take the company to its next phase of development.

Training 448
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Some title insurance policies protect against home title theft. Does yours?

Housing Wire

Sophisticated printers and software turned out fake documents that could fool even the trained eye, and notary stamps, once symbols of trust, became available for purchase online. Despite this grim outlook, there is a title insurance product that offers homeowners immediate peace of mind. The damage has already been done.

Insurance 482
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Real estate agent morale has dropped in Redfin survey

Housing Wire

Climate challenges, discrimination Nearly 40% of agents reported that climate change is influencing where people choose to live, and close to half encountered more issues with home insurance during transactions in 2024. However, fewer than 10% of agents said they had received training on discussing climate risks with clients.

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The fight to standardize educational training for LOs

Housing Wire

Federal regulations mandate that nonbank LOs take training prior to being certified. The Office of the Comptroller of the Currency (OCC), the Federal Reserve System , and the Federal Deposit Insurance Corporation (FDIC) oversee and regulate the activities of banks. Learning materials up to par? HMDA, Fair Lending etc.,”

Training 397