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ALTA: Protecting property rights with title insurance

Housing Wire

For a home valued at $250,000, the cost of an owner’s title insurance policy would be just 11 cents a day on a 30-year mortgage. nationally since 2004 and roughly 5% the past two years, based on the most recent industry data from 2021. There is a difference between a homeowner’s policy and a lender’s policy.

Insurance 464
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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

If finding a home isn’t enough of a challenge, affording one can make the purchase experience doubly “exciting.” NAR’s Housing Affordability Index is a good measure of whether a household earns enough to qualify for a mortgage on a typical home. income can qualify for financing on a median-priced home.

Buyers 36