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Bipartisan congressional caucus calls on FHFA to halt title waiver program

Housing Wire

Therefore, even loans that pass the automated title review process proposed under the Pilot remain at significant risk of a costly future claim but will not have the protections afforded by title insurance. Additionally, the Pilot poses unnecessary risk by removing expert title agents from the refinance process,” the letter states.

Title 403
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Georgia looks to protect residents from title theft with new law

Housing Wire

Under the new law, if a deed or mortgage is filed with the clerk of a superior court for recording by a self-filer i.e., a person who is not an insurance agent, attorney, bank or credit union agent, mortgage lender or servicer, land surveyor or public official it must be submitted via electronic filing.

Title 388
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TRG conducts layoffs focused on Doma employees, sources say

Housing Wire

The layoffs appear to be part of a broader workforce reduction focused on staff working with independent agents, including sales, audit and support roles, the sources added. Its SPAC deal with Capitol Investment Corp. in early March 2021 valued the business at $3 billion, including debt.

Title 369
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ALTA: Protecting property rights with title insurance

Housing Wire

Title insurance is different than most other insurance products. State regulators capture annual revenue and expense data from title insurance agents and underwriters for the purpose of measuring the profitability, competitiveness and reasonableness of title rates and charges. Title insurance remains essential.

Title 482
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How Long Does a Title Search Take

RIS Media

The easiest way to escape these issues is to make a property title search. Why Do You Need a Title Search. The property title search process needs to show any potential buyer that the respective real estate has a clear title. Timeframe For Title Search. What Do Title Searches Involve?

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HousingWire February Demo Day: Qualia

Housing Wire

Qualia The Qualia technology infrastructure for title & escrow companies, lenders, title insurers, and service providers enables each party to complete their own unique tasks required for a closing and exchange information in real time, standardize and automate back-and-forth workflows, and collaborate with one another in a way never before possible. (..)

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12 Typical Closing Costs for Seller in Alabama

HomeLight

To help you get a clearer picture of the closing costs for sellers in Alabama, HomeLight interviewed a leading Alabama real estate agent to put together this comprehensive guide. Title searches typically cost around $75 to $100 ; sellers and buyers customarily split this fee in Alabama.