article thumbnail

Lenders, reach more buyers with new credit optimization platform

Housing Wire

Here why CreditXpert’s new platform — that combines the best of Wayfinder and the What-if Simulator — can help you reach more buyers and close more loans. HW: CreditXpert has been in the industry since the early 2000s with tools like Wayfinder and What-if Simulator, why introduce a new platform now?

Buyers 369
article thumbnail

Consumer protection is what title insurance is all about

Housing Wire

Even as home prices began to decrease last year, mortgage rates remained high, leading both buyers and sellers to stay out of the housing market. Lower interest rates will not only improve the market for buyers, but it will also encourage more refinancing, particularly for recent homebuyers who stretched their budgets on higher rate loans.

Insurance 424
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Another lender settles redlining accusations with DOJ

Housing Wire

Federal officials said similar banks generated five times as many loan applications from prospective Black and Latino home buyers as Lakeland. It also pledged $750,000 for advertising, outreach and consumer education, as well as $400,000 for development of community partnerships to increase access to mortgages.

Law 372
article thumbnail

Gentrification, Neighborhood Boundaries, and Bias

Appraisal Buzz

This is clear when looking at development on Broadway, but it’s also apparent on this graph. Comps in 2004 vs 2022: In terms of real estate, when it comes to comp selection, we might have pulled comps differently in 2004 compared with 2022 because the market is different now. This is affecting real people. Bottom line.

Appraisal 195
article thumbnail

ALTA: Protecting property rights with title insurance

Housing Wire

nationally since 2004 and roughly 5% the past two years, based on the most recent industry data from 2021. ALTA was proud to work closely with the Consumer Financial Protection Bureau (CFPB) to help develop these regulations, which went into effect in 2015. Title insurance is a comprehensively regulated product.

Insurance 464
article thumbnail

HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. An index score of 100 means that a buyer with a median U.S. All this, while we prepare to experience in a few years the largest wave of potential home-purchase demand in our nation’s history.

Buyers 36
article thumbnail

Conservation Easement in Ohio: A Guide to Protecting Our Treasured Land

The Robert Weiler Company

While the conservation easement definition establishes the protection of land for future generations to enjoy, there may be specifications for: land subdivisions; property development; property conservation values; and. A contract between the landowner and the buyer is legally binding. Restricted.

Easement 148