Category Archives: Insurance
Title Companies Tied Up, No Thanks To Foreclosure Freezing
Banks have recently frozen all foreclosure proceedings to protect homeowners from the robo signing process, which is the process of signing foreclosure documents without checking their veracity. But the recent flurry of mortgage fraud accusations is not only hurting homeowners, but the title companies as well. And title companies are now implementing rules that aim … Continue reading
Title Insurances Finally Get Attention Amidst Foreclosure Freezing
Have you ever heard of anyone collecting title insurance? Perhaps none; yet if you are going to buy a home or refinance a mortgage, a title insurance gets the largest chunk in the itemized estimate for closing costs and fees. Though most home buyers and refinancers don’t bother to question this anymore because of the … Continue reading
First American Title Launches Hispanic Marketing Program in Central Florida
ORLANDO, Fla., Aug. 3 — First American Title Insurance Company today announced the launch of an enhanced Hispanic Marketing Program in Orlando, Fla., designed to help increase homeownership opportunities within Orange County’s Hispanic community. The program will help address the specific needs of Hispanic homebuyers by helping real estate practitioners better serve this growing homebuyer … Continue reading
Home Buyers, Satisfaction With Real Estate Companies Increases, While Satisfaction Among Home Sellers Decreases Considerably
Keller Williams Ranks Highest in Customer Satisfaction among Home Buyers for a Third Consecutive Year, While Prudential Ranks Highest among Home Sellers WESTLAKE VILLAGE, Calif., July 28 — Reflective of the real estate buyers’ market conditions in many regions in the U.S., satisfaction with real estate companies among home buyers has improved from 2009, while … Continue reading
Website for Free & Up-to-Date Foreclosed Property Listings Unveiled by First Team(R) Real Estate
Introducing www.ForeclosureDestination.com COSTA MESA, Calif., July 9 — Many smart consumers instinctively understand the financial opportunities opening up to them through a large inventory of foreclosed and other types of distressed properties currently on the market. For many hopeful homeowners, the rules of real estate have changed for the better, though few real estate companies … Continue reading
HomeFinder.com Cash to Close Sweepstakes Receives Thousands of Entries to Date
Home buyers can still enter to win $25,000 in total cash prize giveaways until July 15 CHICAGO, July 7 — HomeFinder.com, the site where homes and people find each other and connect with real estate professionals, launched the Cash to Close Sweepstakes on June 1 to give three lucky home buyers the chance to win … Continue reading
More Than 100 Bank-Owned Homes in Inland Empire to be Auctioned on July 24 by Bank of America and REDC
Auction is exclusively for owner-occupant homebuyers ONTARIO, Calif., June 28 — Real estate auction specialist REDC and Bank of America today announced plans to auction more than 100 bank-owned homes in the Inland Empire. The auction will be open to homebuyers seeking a home as a primary residence, municipalities participating in the U.S. Housing and … Continue reading
Trans Union and Chicago Title Credit Services Inc. to Provide Credit Reports to Users of Fannie Mae’s Technology
CHICAGO, June 19 — Trans Union and Chicago Title Credit Services Inc. (CTCS) have signed a letter of intent to enter into an affiliation arrangement through which Trans Union and its affiliates may make credit reports available to end users of Desktop Underwriter(R) and Desktop Originator(R)*. The two companies will enter into agreements with major software providers and their users … Continue reading
Mortgage Fraud Continues to Climb According to LexisNexis(R) Mortgage Asset Research Institute
Florida, New York and California Top List of States with Highest Mortgage Fraud and Misrepresentation Rates NEW YORK — Reported incidents of mortgage fraud and misrepresentation by professionals in the mortgage industry in the U.S. are continuing to climb and increased by 7 percent from 2008 to 2009, according to a new report released today … Continue reading
Buyer’s Choice Act’ (AB 957/Galgiani) Signed Into Law
Legislation Protects Consumers Purchasing Foreclosed Properties SACRAMENTO, Calif. — The Escrow Institute of California announced today that Governor Schwarzenegger signed Assembly Bill 957 into law. This bill, authored by Assembly Member Cathleen Galgiani (D-Tracy), protects consumers by ensuring that they have the right to choose their own real estate service providers when purchasing foreclosed properties. … Continue reading