Housing Wire
APRIL 9, 2024
Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. The future of the mortgage industry is increasingly diverse.
Housing Wire
SEPTEMBER 13, 2023
Gavin Newsom of California on Tuesday received a senate bill legalizing remote online notarizations ( RON ). As amended, the bill provides that California notaries could begin to offer online notarization services beginning January 1, 2030 though stakeholders like Notarize hope it will be years earlier. He has until Oct.
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Housing Wire
NOVEMBER 23, 2021
Homeowners will secure mortgages to finance their homes which can then be used as comparable sales for financing of nearby homes. According to the Urban Institute , the gap between white and Black homeownership rates is wider today than it was when redlining was legal — 42% of Black families are homeowners vs. 72% of white families.
Housing Wire
MARCH 28, 2024
Then, they think about the mortgage : a good rate, good monthly payments, and approval. 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. Real estate will look different in 2030, perhaps even in 2024.
Housing Wire
NOVEMBER 22, 2023
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. For numerous reasons, the curative department of a title firm likely doesn’t have the technology to procure things like a satisfaction of mortgage or release.
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