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The title insurance industry prepares for battle

Housing Wire

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.

Insurance 464
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Judge sides with trade groups, halts new CRA rules

Housing Wire

A federal judge in Texas has granted a preliminary injunction to banking trade groups that seek to halt the implementation of new rules for modernizing the Community Reinvestment Act (CRA), according to court documents reviewed by HousingWire. Each of the agencies are named as defendants in the case.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Yes, the process of orchestrating the collaboration of lenders, appraisers , home inspectors, one or two real estate agents, a title insurance company, and possibly others is complex. Yes, the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing.

HOA 408
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Opinion: More should be done to shorten the average time to close

Housing Wire

The process of orchestrating the collaboration of lenders, appraisers, home inspectors, one or two real estate agents, a title insurance company and possibly others is complex. And the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing.

HOA 395
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The fate of HUD

Housing Wire

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. By comparison, private mortgage insurance cancels at a 78% loan-to-value ratio. “If

Insurance 332
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8 Essential Steps on How to Rent Out Your House: A Comprehensive Step-by-Step Guide

Movoto

Ideally, you’ve renovated and updated the property to modern standards, as this will allow you to successfully obtain an amount on the higher end. Further, using Google Drive will allow you to easily and securely coalesce documentation in an accessible location. Ensure your lease complies with local, state, and federal regulations.

Tenants 36
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Tell-Tale Signs You Should Hire a Specialist in Real Property Management – Columbus, Ohio

The Robert Weiler Company

Manage your current tenants; whether it’s maintenance, finances, or legal issues, your property manager will take care of your tenants. Handle compliance issues, housing regulations, tax regulations, and insurance are just a few compliance matters that a property management company can handle. Compliance and legal issues.