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Why mortgage lending standards will ease in 2021

Housing Wire

Economists and housing experts say mortgage lending standards will likely loosen in 2021, despite the increased risk of delinquencies ahead. HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events. housing market. Already a member?

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The “Big Four” take on the upstarts in title insurance

Housing Wire

One of our big goals at Blueprint Title is to shrink the title insurance business from an $18 billion business to a $10 billion business,” Berneman, the company co-founder and CEO. “We share of the market controlled by small, independent title insurance companies. of the market, should be too concerned about the rise of the little guy.

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Citywide Home Loans settles a $1.2M data breach lawsuit

Housing Wire

Citywide Home Loans , a Utah-based mortgage lending company, agreed to settle a $1.2 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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Appraisal Subcommittee hosts tense discussion on bias

Housing Wire

If we want to change the narrative of disinvestment and marginalization, then we must transform the lending, appraisal and insurance industries to prevent lost revenue caused by misevaluation and undervaluation of properties,” said Fudge. HousingWire Magazine delivered to your home or office. Become a member today.

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Can real estate brokerages survive without mortgage?

Housing Wire

But Kelly made clear that the only way HomeServices can make money is through mortgage, and through a lesser extent, to providing title insurance. HousingWire Magazine delivered to your home or office. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Become a member today.

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Opinion: Putting the housing market into perspective

Housing Wire

On the conventional and portfolio side, the private mortgage insurance (PMI) industry plays a critical role in supporting first-time homebuyers and low-income families who are not able to make a 20% down payment. Not only does PMI serve the lender by supporting low-down payment lending, but it also provides benefits to the homebuyer.

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The housing industry’s disparate impact hopes

Housing Wire

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. HousingWire Magazine delivered to your home or office. Start an HW+ Membership now for less than $1 a day. Become a member today. Already a member?

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