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Opinion: Title and settlement fees aren’t a barrier to homeownership

Housing Wire

The research found that title and settlement fees are neither regressive nor represent a significant component of the overall closing costs. The research also finds that title and settlement fees increase with loan amount (a 1% increase in loan amount is associated with a $7.41 increase in fees).

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Demystifying Property Title Search: Your Questions, Answered

HomeLight

Some of the elements of closing on a home can be difficult to grasp, like the property title search. Property title problems account for about 9% of closing delays , according to the National Association of Realtors. A property title search is an easy way to avoid delays in your closing. What is the property title?

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Opinion: Improving housing affordability without exposing homebuyers to more risk

Housing Wire

Additionally, recent research by First American found that title and settlement fees account for less than 1% of a borrower’s total life-of-loan costs , indicating that title insurance fees are one of the smallest portions of the equation.

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Blend breaks into title insurance with latest acquisition

Housing Wire

“This decision follows a comprehensive strategic review in which we determined that Title365 would gain greater investor credit as part of a company like Blend, where it will have a significant strategic impact,” said Jay Bray, CEO of Mr. Cooper Group. At the time, that transaction closed for just $36 million in cash.

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How to identify fraud risks early in the origination process

Housing Wire

Our FraudGuard alert-based solution uses natural intelligence gained from millions of loan applications and eventual outcomes to assist underwriters to note abnormalities in application data. For example, loans with the highest AI Score, usually about 10% of total application volume, account for 50% or more of total fraud risk.

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Top Tips and Considerations For Buying Land

Realty Biz

Next, we'll explore financing options and the specifics of land loans, a critical step in acquiring land. Brian Davis, a real estate investor and owner of Spark Rental , weighed in with the following advice. If traditional loans are unattainable, explore alternatives like seller financing, personal loans, or partnering with investors.

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Selling a House With a Lien — A Guide for Homeowners

HomeLight

Nine times out of 10 the lien can be paid off through the sale,” says Richie Helali, Mortgage Sales Lead at HomeLight Home Loans. Sometimes the easiest way to sell a house with a lien is to get a cash offer from an investor who is familiar with the process of resolving the title issue and can walk you through it. But don’t fret.

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