Tag Archives: American Land Title Association

ALTA takes aim at seller impersonation fraud: What to know

By | | Uncategorized
Comments Off on ALTA takes aim at seller impersonation fraud: What to know

As seller impersonation scams surge, the American Land Title Association is launching new protections, writes new contributor and current ALTA president Richard H. Welshons. Continue reading →

Trump administration expands Fannie Mae title waiver program

By | | Uncategorized
Comments Off on Trump administration expands Fannie Mae title waiver program

Title insurers wanted to put the brakes on a pilot program that uses automated title reviews to allow some homeowners to refinance their mortgage without having to pay for title insurance. Continue reading →

Rules on closing costs, PACE loans on CFPB chopping block

By | | Uncategorized
Comments Off on Rules on closing costs, PACE loans on CFPB chopping block

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading →

Rules on closing costs, PACE loans on CFPB chopping block

By | | Uncategorized
Comments Off on Rules on closing costs, PACE loans on CFPB chopping block

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading →

Campaign to stop Fannie Mae title waiver pilot program resumes

By | | Uncategorized
Comments Off on Campaign to stop Fannie Mae title waiver pilot program resumes

Title insurers have waged a protracted PR and lobbying campaign opposing the pilot program and other title insurance alternatives endorsed by the Biden administration and consumer groups. Continue reading →

DOJ’s data sharing statement has implications for MLSs, associations

By | | Uncategorized
Comments Off on DOJ’s data sharing statement has implications for MLSs, associations

The DOJ’s recent statement, made in relation to a lawsuit against pork producers, notes that the sharing of information among competitors could violate antitrust law “even without proof of an agreement to fix prices.” Continue reading →

Debate over title insurance alternatives is heating up again

By | | Uncategorized
Comments Off on Debate over title insurance alternatives is heating up again

Republican attorneys general in 14 states urge Fannie Mae and Freddie Mac’s federal regulator to kill a pilot program that allows some borrowers to refi without obtaining title insurance. Continue reading →

UWM expands program that dispenses with title insurance

By | | Uncategorized
Comments Off on UWM expands program that dispenses with title insurance

Nation’s largest mortgage lender says brokers “will no longer need to work with a title company or settlement agent for title work, balancing fees, scheduling closing or any related communication.” Continue reading →

Biden’s relaxed new Freddie, Fannie refi requirements irk title industry

By | | Uncategorized
Comments Off on Biden’s relaxed new Freddie, Fannie refi requirements irk title industry

In a pilot program announced last week, the Biden administration cleared the way for Fannie Mae and Freddie Mac to let some homeowners refinance mortgages without paying for title insurance. Continue reading →

Utah 1st state to ban long-term listing agreements enforced by lien

By | | Uncategorized
Comments Off on Utah 1st state to ban long-term listing agreements enforced by lien

Legislation expected to go into effect April 1 addresses allegedly deceptive tactics employed by MV Realty and was based on a model bill drafted by American Land Title Association. Continue reading →