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Going to Extremes

Appraisal Buzz

In some markets, the answer is increasingly yes. In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket.

HOA 370
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ALTA: Protecting property rights with title insurance

Housing Wire

ALTA was proud to work closely with the Consumer Financial Protection Bureau (CFPB) to help develop these regulations, which went into effect in 2015. Much of the expense is invested in the efforts of land title professionals to review the title and purchase title data from local governments.

Insurance 473
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Two Southern banks complete mortgage eNote transfer

Housing Wire

” Navigating Closing Struggles in 2021’s Purchase Market. Elaine Marshall, North Carolina Secretary of State, described it as a “win-win-win for home buyers, the business sector and the government sector in making the mortgage closing process less time consuming, less stressful, and even more secure.”

Mortgage 255
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Title insurers reckon with attorney opinion letters

Housing Wire

Since the government sponsored entity’s announcement, the American Land Title Association has taken a strong stance against AOLs and other title insurance alternatives. These products that are going into the market — it is confusing because they are giving people who need it the most, less coverage,” Tomb said. “We

Insurance 328
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Streamlining subsidies to build more affordable housing

Housing Wire

To help the lowest-income families, who increasingly can’t find affordable housing in today’s market, federal, state, and local governments devote considerable resources to subsidize the development of affordable housing with below market rents. Layering complexities lead to increasing costs.