Inman

JULY 12, 2023

A number of insurance providers have left Florida over the last year, apparently driven away thanks to extreme weather and a challenging legal landscape.

Insurance 148

Insurance Legal 148

Housing Wire

APRIL 17, 2024

However, CPL Validations issues, including agent good standing, issuance limits or title file order registered in title insurer systems, recorded the largest increase, jumping 29.32%. of transactions having errors, as well as a higher rate of insurance coverage issues, at 2.2% up 60% compared to non-attorney only states.

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Insurance Agents Tools Legal 446

Housing Wire

NOVEMBER 8, 2023

The National Association of Realtors (NAR) on Wednesday unveiled its state flood disclosure tracker tool , aiming to offer clarity and access to survey existing state disclosure requirements for flood insurance. Data from the Legal Research Center concluded that all 50 states and Washington, D.C.,

Legal 411

Legal Law Insurance Real Estate 411

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 406

Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. The Real Estate Settlement Procedures Act (RESPA) ensures that homebuyers always have the legal right to consider alternative title insurance providers and can never be forced into using a particular provider.

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Insurance Real Estate Buyers Real Estate Agent 497

Housing Wire

MARCH 21, 2024

Therefore, since FHA and Enterprise loans require their submission as condition of the mortgage loan, CHLA asks that these fees and the non-competitive nature of this market be scrutinized – and that whatever legal and appropriate actions that are available are pursued.” Equifax did not immediately return a request for comment.

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Insurance Legal Finance Mortgage 454

Housing Wire

JULY 13, 2022

American Digital Title Insurance Co. , a Denver-based insurtech title insurance provider controlled by insurance giant Munich Re , has been authorized to underwrite title insurance in California, the second largest title insurance market in the country.

Business 395

Business Insurance Real Estate Legal 395

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 435

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.

Real Estate 407

Real Estate Legal Tenants Clients 407

Housing Wire

JUNE 7, 2021

AmTrust Title Insurance Company has added two executives to its team, naming James Bozzomo as chief underwriting counsel for direct operations and Jefferson Howeth as senior corporate counsel. Before joining AmTrust, Bozzomo was senior vice president and managing counsel at Commonwealth Land Title Insurance Company.

Insurance 370

Insurance Legal Retail Government 370

Housing Wire

DECEMBER 14, 2023

Homeowner’s insurance, the servicer, and even the GSE (the actual holder of the default risk on the mortgage), represent small overall costs by comparison. A title insurance policy protects homeowners from having to pay for the costs, legal and otherwise, of resolving any covered title claim that may reveal itself after the closing.

Insurance 427

Insurance Property Taxes Buyers Investors 427

Housing Wire

NOVEMBER 30, 2023

The Conference of State Bank Supervisors ’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice chairman Travis Hill – as its incoming president and chief executive officer (CEO). Milhorn will assume the new role on Dec. 4, succeeding James Cooper.

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Insurance Legal Mortgage 402

Housing Wire

SEPTEMBER 19, 2023

As a result, Grid151, which is owned by the holding company of Westcor Land Title Insurance Company , will integrate Simply Secure Sign into GridBase, its universal API for lender and title collaboration. The platform will be renamed “Ink’d.” Massachusetts ’s Gov.

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Technology Real Estate Legal Insurance 406

Housing Wire

MAY 23, 2023

” WFG, a full-service provider of title insurance, underwriting, and escrow services for real estate transactions nationwide, has been actively expanding its services and market reach since its establishment in 2010. Houlihan Lokey is serving as the financial advisor to Doma, while Mayer Brown LLP is acting as legal counsel.

Retail 370

Retail Insurance Real Estate Technology 370

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.

Insurance 395

Insurance Agents Legal Training 395

Housing Wire

MARCH 13, 2023

The Federal Deposit Insurance Corporation (FDIC) has named former Fannie Mae CEO and Blend president Tim Mayopoulos as CEO of Silicon Valley Bank N.A. , an FDIC-operated “bridge bank” meant to protect all depositors of the now shut-down Silicon Valley Bank (SVB). The bank failed to raise capital to plug a $1.8

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Insurance Government Design Finance 383

Housing Wire

MARCH 7, 2024

President Joe Biden’s new plan to lower housing costs includes a pilot program that waives the requirement for lender’s title insurance on certain refinance transactions, according to the White House. Meanwhile, homeowners can always purchase their title insurance policy or AOL if they choose.

Insurance 475

Insurance Legal Mortgage Government 475

Housing Wire

OCTOBER 18, 2023

The Federal Reserve , Federal Depository Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) released the proposed changes for the Basel endgame in late July, which significantly increases capital requirements for banks. .” He answered questions raised by Bob Brokesmit, president and CEO of the MBA.

Mortgage 411

Mortgage Legal Insurance Finance 411

Empire Appraisal Group

JUNE 24, 2021

Insurer Growing as 3 Private Insurers Cancel Policies. Insurer Growing as 3 Private Insurers Cancel Policies | Florida Realtors. As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed.

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Insurance Legal Agents Contracts 78

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 382

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 395

Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

Real Estate Agent 437

Real Estate Agent Real Estate Agents Insurance 437

Housing Wire

JANUARY 10, 2023

It resulted from a big decline in mortgage banking, title insurance revenues and an impairment related to the Title365 segment. . In operations, Amir Jafari will assume a new position created of head of finance and administration, overseeing areas like finance, people and legal. million in the third quarter of 2022.

Legal 417

Legal Finance Insurance Mortgage 417

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. What is a title in the context of real estate?

Real Estate 383

Real Estate Legal Sellers Buyers 383

Housing Wire

AUGUST 6, 2021

The company, one of the “Big Four” title insurers, agreed to pay a $1.185 million penalty after California state regulators alleged that a marketing representative provided agents illegal perks such as video marketing and drone footage of listings with placement on social media sites, and bus caravans to promote listings.

Agents 427

Agents Real Estate Agent Insurance Real Estate 427

Housing Wire

MAY 19, 2021

In his new position, DeGiorgio will have oversight responsibility for the corporation’s operating groups, including its title insurance, specialty insurance and data and analytics businesses, the company said in a press release. One of the “Big Four” title insurers, First American reported $7.1 Net income was $696.4

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Insurance Legal Business Marketing 345

Housing Wire

JULY 21, 2023

The news was first reported by legal website Top Class Action. The data compromised included “names, addresses, phone numbers, dates of birth, social Security numbers, passport numbers, driver’s license numbers, credit card information, bank account information and/or medical or insurance information,” the lawsuit says.

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Legal Technology Insurance Lending 370

Housing Wire

JUNE 30, 2023

million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. Therefore, lenders must follow FHA and VA rules to ensure only loans that meet credit and underwriting criteria are insured or guaranteed by the government.

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Government Insurance Mortgage Legal 383

Housing Wire

APRIL 4, 2024

The following day, Martin Gruenberg, chairman at the Federal Deposit Insurance Corp. Kevin Stein, chief of legal and strategy at Rise Economy, said during the same session that the new CRA rules ignore some relevant topics.

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Modernization Law Legal Landlords 302

Housing Wire

JANUARY 31, 2024

Seniors, even those of advanced age, are legally required to face the same qualification requirements as any other mortgage applicants. “I Age information is collected at the time of origination, but only for Home Mortgage Disclosure Act (HMDA) purposes.

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Property Taxes Mortgage Design Finance 406

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.

Real Estate Agent 395

Real Estate Agent Real Estate Agents Business 395

Housing Wire

JULY 6, 2023

Savkar has been a part of Wolters Kluwer since 2012, when he joined as vice president and general manager of the Legal & Regulatory division. During his tenure, he played a crucial role in accelerating the growth of the company’s international legal business.

Legal 356

Legal Technology Business Insurance 356

Housing Wire

NOVEMBER 13, 2023

In recent years, the value proposition of title insurance has come under attack following Fannie Mae’s announcement that it would accept attorney opinion letters in lieu of title insurance, as well as Fannie Mae and Freddie Mac’s title waiver programs , which were eventually scrapped. “If

Insurance 417

Insurance Real Estate Agents Real Estate Agent 417

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. Prior to USAA, Kumaresh served as a vice president of corporate and direct strategy with Nationwide Insurance.

Retail 407

Retail Insurance Legal Finance 407

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. They are an important tool for ensuring that property is priced, taxed, insured, and distributed fairly and accurately.

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Appraisal Property Taxes Insurance Market Value 148

Housing Wire

AUGUST 25, 2021

A homeowners insurer trade group, which has mounted successful legal challenges of the standard in the past, said it sees no reason the rule should apply to its industry. Numerous industry stakeholders asked HUD to make some changes to the regulation to raise and further explain the threshold for disparate impact claims.

Legal 395

Legal Insurance Development Mortgage 395

Housing Wire

AUGUST 8, 2023

Though the three-page lawsuits offer little detail about the contract, including when the lenders stopped paying and what services were offered, a filing from MLD’s chief legal and chief enterprise risk officer included a copy of the contract with Lender Toolkit. None of the plaintiffs or defendants responded to requests for comment.

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Mortgage Contracts Legal Business 358