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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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Biden tax credit to rehab homes is finally unveiled

Housing Wire

Why use several vendors for title searches, appraisals and underwriting when you can use one? Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. Presented by: Altisource.

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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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Mortgage Tech Demo Day: Altisource

Housing Wire

Altisource® is a leading and trusted provider of innovative solutions for servicers, originators and investors in the real estate and mortgage industries. Economical due diligence solutions for HELOC lenders, servicers and investors. #3. Product Fast Facts. #1. One integrated service and report. #2. Get More Info.

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

Housing Wire

The fees paid to the mortgage-backed security (MBS) investor and lender are next with the accumulated cost of the annual interest payments made to the investor(s) that purchased the MBS bond containing the mortgage, and the lender’s net origination charges at closing plus the accumulated value of the excess interest the lender charges for profit.

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Spruce offers fully underwritten title commitment

Housing Wire

The joint project illustrates the tight partnership of Spruce with Munich Re , which owns both Digital Partners and American Digital Title Insurance Company and is an investor in Spruce as well. In September, the companies announced a joint project to offer cost-effective title insurance.

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RamQuest integrates with SearchCONNECT

Housing Wire

Texas-based technology company RamQuest announced its title and closing digital network — called “Closing Market” — has integrated with SearchCONNECT , an affiliate of Investors Title and National Investors Title Insurance Company , which provides search solutions in Florida, Georgia, South Carolina, Tennessee and Virginia.

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