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Hot home-equity market fueling securitization deals

Housing Wire

New York-based Unlock Technologies , a fintech operating in the shared-equity market, and real estate investment firm Saluda Grade , have closed a $180 million private-label securitization (PLS) backed entirely by Unlock-originated residential home-equity agreements (HEAs). One of those deals made its way to the market this year.

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Title insurance industry premiums spike $7B year over year

Housing Wire

The American Land Title Association saw a nearly 36% year-over-year increase in title insurance premium volume in 2021 for a staggering $7 billion spike, according to the trade group’s Market Share Analysis , published Friday. Top underwriters by market share for the year included First American Title insurance Co., maintained 5.9%

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Title insurance industry volume rises 3.6% in Q1

Housing Wire

Despite rising interest rates , higher home prices and a drop in refinance volume , the American Land Title Association recorded $5.89 billion a year prior, according to the trade group’s Market Share Analysis , published Friday. Top underwriters by market share for the quarter included First American Title insurance Co.,

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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

Syndicated columnist Lew Sichelman reported Sunday that Dmitry Shkipin of HomeOpenly.com alleged that Rocket Homes was receiving what amounted to illegal kickbacks while violating consumer protection laws, market allocation practices, and antitrust laws.

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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.

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Ready to Buy in Orange County? These Are the Cities You Can Afford

Realvals

For the most part, these charts represent the housing market in Orange County for 2016 quite well. Skycrest Newport Coast $13,800,000 12000/SEE 2004 0.61/26,588. Orange County home values continue to rise with no signs of slowing down anytime soon. It all depends on the city and what was available in 2016.

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

“The share of first-time buyers has dropped to a 41-year low [26%], the racial divide in homeownership has grown to the widest point in a decade and the share of single women entering [the market] has declined.” If finding a home isn’t enough of a challenge, affording one can make the purchase experience doubly “exciting.”

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