Housing Wire

APRIL 1, 2024

Agencies in alignment on the new rules include the Office of the Comptroller of the Currency , the Federal Reserve Board and the Federal Deposit Insurance Corp. Each of the agencies are named as defendants in the case.

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Modernization Law Lending Insurance 372

Cleveland Appraisal Blog

AUGUST 25, 2022

How can you capitalize on your first investment property? Whether your first investment property will be a rental or a flip, your goal is to walk away with more money than you put into it. Keep in mind that investment homebuyers will be required to put down a minimum of 15% to secure financing, according to Lending Tree.

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Investing Renovations Landlords Real Estate 332

Housing Wire

SEPTEMBER 27, 2023

As an organization dedicated to protecting property rights, the American Land Title Association (ALTA) wants to help ensure laws do not discriminate against or prevent people from legally purchasing real estate. Laws should also be clear on the role title insurance professionals play in facilitating transactions with foreign owners.

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Law Real Estate Legal Insurance 351

Housing Wire

DECEMBER 6, 2023

Legal disputes. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. Many difficult situations involve legal and regulatory compliance in contract disputes, zoning violations, or tenant rights. Natural disasters.

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Real Estate Legal Tenants Clients 397

Housing Wire

JULY 22, 2021

Title insurance veteran Janice Cassidy has been named agency compliance manager at North American Title Insurance Co., Earlier this month, North American, once the title insurance arm of homebuilder Lennar , hired Margaret Redman as director of national commercial services and senior regional underwriting counsel.

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Insurance Agents Legal Training 397

Housing Wire

SEPTEMBER 13, 2023

The trade group also faces two massive class-action lawsuits that could forever upend the agent commission structure , and is fighting a separate legal battle with the Department of Justice. Taxes, finance, insurance, and consumer product safety round out the top five.

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Realtors Insurance Legal Real Estate 375

Housing Wire

APRIL 9, 2024

Homeownership is a bedrock for the American Dream, in no small part because it is also a durable, reliable long-term investment. The convergence of homeowner requirements and investor incentives has resulted in a genuine inflection moment for home equity investments (HEIs). Are home equity investments the answer?

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Investors Investing Real Estate Finance 373

Housing Wire

APRIL 19, 2021

Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies. Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox has shown people across the U.S.

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Landlords Investing Tenants Construction 379

Housing Wire

APRIL 11, 2023

They also help to prevent fraud and ensure that the sale is conducted legally and ethically. In real estate, a title is a legal document that establishes ownership of a property or asset. You can obtain a title through purchase, inheritance or other legal means. Your investment depends on it.

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Real Estate Legal Sellers Buyers 357

Housing Wire

APRIL 13, 2022

Title insurance protects borrowers from financial loss if the lender discovers a defect in the title to the property (for example, a previous mortgage) and demands a borrower to pay back the loan. Perhaps the interesting part regarding conformity in title insurance fees is found in Section 8 of RESPA (12 U.S.C.

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Lending Insurance Legal Business 324

Padove Appraisal Service

FEBRUARY 24, 2023

Legal proceedings: An appraisal can be useful in legal proceedings, such as divorce settlements, where the value of a property needs to be determined. Investment analysis: Real estate investors may use appraisals to evaluate the potential return on investment for a property.

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Appraisal Property Taxes Insurance Market Value 148

Housing Wire

FEBRUARY 4, 2021

“CoreLogic is a mission-critical vendor and data provider across industry sectors in which Stone Point has specialized over the past 20 years, including mortgage, residential real estate and P&C insurance,” said Chuck Davis, CEO of Stone Point Capital. The investors dropped their takeover bid on Nov.

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Legal Investors Lending Finance 429

Housing Wire

MARCH 29, 2021

The announcement named Stacie Herron as KWx chief legal officer; Dave Smith as president of Keller Home Financial Services; TV Kumaresh as head of strategy planning and integration; and Paige Gorman as vice president of integration. Kumaresh will oversee strategy operations for investments, outcomes and results for KWx.

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Retail Insurance Legal Finance 410

Eppraisal

OCTOBER 13, 2023

Investing in real estate can be a lucrative venture, but it's crucial to understand the financial aspects that contribute to a profitable investment property. Let's break down the key elements and calculations you need to consider when evaluating potential investment opportunities.

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Investing Property Taxes HOA Real Estate 69

Housing Wire

SEPTEMBER 7, 2023

Identify business deductions Every business has ordinary and necessary costs, such as office equipment, marketing , accounting, and insurance , that are tax-deductible. For example, if your office is 10% of your home, you can attribute 10% of qualifying expenses (such as your homeowners insurance and power bill) to business use.

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Real Estate Agent Real Estate Agents Business 383

Housing Wire

AUGUST 9, 2022

I like that title has a legal aspect to it, but I also like that we are able to talk to people and get to know them a bit through their transaction. But I like that there is a balance between legal stuff and people. Luna: The biggest challenge in building the company was realizing how much I needed to invest in my frontline.

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Real Estate Agent Real Estate Insurance Business 370

Housing Wire

APRIL 13, 2022

Spending on residential investment and housing services accounted for 17.5% As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. of GDP in 2020.

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Insurance Construction Government Lending 375

Housing Wire

AUGUST 8, 2022

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. Applegate was previously CEO of Common Securitization Solutions (a joint venture owned by Fannie Mae and Freddie Mac ), Homeward Residential , Radian Mortgage Insurance and GMAC Mortgage and Bank.

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Human Resources Legal Finance Insurance 331

Housing Wire

MARCH 14, 2022

in which title insurance companies are required by law to file reports identifying individuals who made all-cash real estate purchases exceeding $300,000 through shell companies. home purchases, there are plenty of legal and practical reasons for buying a home through an LLC or trust. trillion in existing home sales in 2021.

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Real Estate Insurance Law Real Estate Agent 406

Housing Wire

JANUARY 19, 2023

There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. We are no closer to being paid and he had the capital to open up Smart Rate Mortgage,” said a former employee who requested anonymity due to an ongoing legal case.

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Mortgage Investors Legal Loan Officers 397

Housing Wire

APRIL 24, 2023

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Between the launch of FHA in 1934 and when President Lyndon B. President George W.

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Legal Housing Market Government Buyers 332

Housing Wire

APRIL 20, 2021

” The thorniest issue at play is a change to investment properties, a PSPA amendment that limits the GSEs in buying single-family loans secured by investment properties or second homes. The amendment caps investment property or second home acquisitions at 7% of the GSEs’ total single-family acquisitions.

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Finance Investing Lending Legal 510

Housing Wire

NOVEMBER 2, 2023

Former employees accused Strauss of not paying salaries and suspending their health insurance coverage retroactively despite collecting contributions from paychecks. The SEC said the executive caused losses to investors after engaging in a pattern of false and misleading claims at American Home Mortgage Investment Corp.

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Business Loan Officers Law Mortgage 418

Eppraisal

MARCH 3, 2023

Do you as a homeowners know the difference between a homeowner's insurance policy and a home warranty? With the increase in home values over the last couple years, you have a bigger investment to protect against hazards and defects. You will pay an annual premium for your homeowner's insurance.

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Insurance Home Value Legal Investing 36

Housing Wire

SEPTEMBER 9, 2020

We recognized the potential of the Notarize platform and have worked with their team to tackle the legal and technical barriers to RON,” said Don Casey, president and CEO of Realogy Title Group. The increased adoption of RON is being driven by more tech-focused lenders , Casey noted in an interview.

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Insurance Legal Brokerage Agents 336

Housing Wire

JANUARY 11, 2023

Those who aren’t really familiar with the settlement services industry tend to think of a title agency as, more or less, the business that makes the closing happen and delivers a title insurance policy. But those who live and breathe title know there’s something even more fundamental with which they are charged.

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Agents Technology Insurance Business 379

Listing Spark

JANUARY 15, 2024

Real estate brokerages facilitate property transactions in a legal, business, and insured capacity, and they provide resources to buyers, sellers, and agents under the brokerage’s umbrella. Challenge #1: Managing Finances When you’re buying an investment property, financing is a major hurdle.

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Brokerage Investors Investing Real Estate 36

Housing Wire

FEBRUARY 7, 2022

For a borrower with tarnished credit and thus unable to get conventional financing, an FHA-insured mortgage is the go-to choice. For a 10% down payment, a hypothetical FHA borrower with a $650,000 base loan amount would pay an additional $568 per month in mortgage insurance premium. Many have called for reductions.

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Insurance Modernization Lending Mortgage 343

Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. So, what that means is, that we have to invest in building intentional expertise.” At the forefront, is artificial intelligence , or AI.

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Tools Technology Real Estate Agent Legal 350

Housing Wire

JULY 19, 2022

Agencies with existing fintech offices include the Federal Deposit Insurance Corporation , the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau. The FHFA said it was following in the footsteps of other financial regulators by establishing its own fintech office.

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Mortgage Finance Technology Legal 356

Housing Wire

NOVEMBER 9, 2020

In 2017, the associations collaborated to create standard legislation that is safe for consumers, ensures the transaction can be insurable and is technology neutral. The model legislation creates legal certainty across the country by providing a uniform and consistent framework that is based on a common set of core principles.

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Law Legal Technology Real Estate 441

The Robert Weiler Company

OCTOBER 15, 2021

Now that we’ve piqued your interest in our fantastic city, it’s time to dive into commercial property investment. Regardless of whether this is your first purchase or tenth, investing in commercial properties for sale comes with a unique set of challenges. Make Sure Your Commercial Real Estate Investment Pays Off with 5 Tips.

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Investing Real Estate Tenants Investors 138

Housing Wire

APRIL 16, 2024

Selden is referring to a clarification issued in a mortgagee letter by FHA Commissioner Julia Gordon in late 2022, noting that participants who have ”a direct impact on the mortgage approval decision are prohibited from having multiple roles or sources of compensation, either directly or indirectly, from a single FHA-insured transaction.”

Real Estate Agent 418

Real Estate Agent Loan Officers Real Estate Agents 418

The Robert Weiler Company

JULY 4, 2022

But it’s important that you select books that are newly published; this is especially critical when you’re relying on the books for legal or tax-related information or forms. However, property management some books will focus on the tax, regulations, and legal aspects of renting spaces.

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Property Management Tenants Landlords Legal 78

Boston Appraisal

JANUARY 12, 2024

They also face legal, regulatory, tax, insurance, and maintenance issues that may affect their value and profitability. Appraisers analyze the legal, physical, and economic factors that affect the highest and best use of the property, and then compare the value of the property under different scenarios.

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Real Estate Appraisal Legal Insurance 60

Housing Wire

OCTOBER 10, 2023

“The line of what is legal and illegal depends on who is running the CFPB,” Steve Murray, partner at RealTrends Consulting , said. Under MSAs, a lender or title insurer markets the services of a real estate agent or brokerage, and vice versa, in exchange for a set fee.

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Real Estate Agent Loan Officers Real Estate Agents 422

Housing Wire

AUGUST 5, 2022

Some of the nearly 360 comments came in late on Thursday, a day before the deadline imposed by the Office of the Comptroller of the Currency , the Federal Reserve and the Federal Deposit Insurance Corporation. Some think that the proposed rule already addresses concerns that including race more explicitly would draw a legal challenge.

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Lending Development Mortgage Retail 401